PayPal Bonus

A couple weeks ago I had an unauthorized charge show up on my PayPal account. I only had a little over $10 in there, the charge amounted to about $35 and because my checking account was linked, they took the overage from it. I disputed the charge with both PayPal and the merchant and they both agreed I was wronged, so my money was returned with in a couple days.

I basically only use PayPal for an occasional eBay purchase, but in the past I’ve used it for snap deals found on the net, so a credit card is also linked. After digging through the PayPal help pages I discovered that they could do an instant transfer from my checking because I had that CC listed as a back-up source. Wanting to ensure that they couldn’t just yank money out of my checking account again, I removed the credit card.

Well, because someone had used my account without permission PayPal had me do a couple of things before they would let me access my money again. One of which was change my password and another was to change my security questions. Both were no brainers and easy to do.

The third thing they wanted was to confirm my address. This was the sticky one. The easy way to confirm my address was to link a charge card to my account. Nah, don’t want to do that, that’s what got me in this mess in the first place. There is another way, PayPal could mail a code to my snail mail address that I could, when received, enter into their site. Trouble was I didn’t meet the requirements for this option, because I had a dispute within the last 3 months.

I stewed for a week figuring out what I should do.There were no worries about anyone getting any money out of the account during this time because it was frozen while we confirmed my address. The plan I came up with was to confirm with a credit card and then once I had access to my money, pull it all out and close the PayPal account.

To make sure that the card, and consequently my address, were good they were going to charge the card $1.95 and then promptly refund it. I forgot all about the whole thing until about 5 days later when I got an email from PayPal saying they were giving me a bonus. I thought, wow, that’s nice, must be to make up for the hassle I’ve been through, they added a dollar ninety five into my account.

Hey, wait a minute!

I checked my CC online and sure enough they had no trouble withdrawing money, but they never refunded the card. They turned around and credited my money into my PayPal account and called it a bonus.

That cinched it, I transferred my measly $60 back into my bank and I’m shutting down my PayPal account.