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roonoo
Joined: 07 Apr 2010 Posts: 1
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Posted: Sun Apr 11, 2010 6:03 am Post subject: paypal |
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Is paypal good for a savings account? Are there any dangers in keeping a high balance with paypal? Paypal's moneymarket interest rate is around 5% right now, which is competitive, if not just better than, local savings and cd rates. My temptation is to use paypal as a place to store some savings, like up to $8000 over the next year or so. I'm curious if others are doing the same? Are there any reasons not to? It's still relatively liquid, right? _________________ market samurai |
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alan Forum facilitator
Joined: 26 Sep 2003 Posts: 4435
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Posted: Mon Apr 12, 2010 11:43 am Post subject: |
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Are you currently using FirstSpot? _________________ ~ Patronsoft Limited ~ |
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