Paypal : anyone doing this?

[tte]

Earn a Return on Your PayPal Balance

When you sign up for the Fund, your PayPal balance will translate into shares of the Money Market Fund, though the function of your PayPal account will not change. You will be assigned shares of the PayPal Money Market Fund automatically, and you will begin to earn monthly dividends. In addition to dividends, you are entitled to participate in events such as shareholder proxy votes.

The current yield is 3.89%* Learn more.

Is anyone doing this?....Is it worth it ?

Cheers,
Roy

 

[p5150]

Yeah im doing it! Might as well get something for your money, right?

 

[GrimJack]

This looks like a damn fine idea to me, especially as I usually carry at least $500 in my paypal account all the time.

 

[Idealsupra]

ive seen that...i get cash back on the debit card i have for my paypal account......the debit card owns....just make sure you dont spend a lot in a little bit of time...i spent about 800 in one day and they froze my account because they werent sure if it was legit... i had to call and wait on the phone for like two hours to tell them it was ok and they turned it back on

 

[Disco Stu]

money market funds rock, and paypal is the shit. I love having the card because some one can send me money and I can instantly use it wherever accepts mastercard, eg: auction ends, BAM money in my pocket

 

[bobiseverywhere]

Where can you sign up for it. Or is it only availible for US PayPal Users?

 

[tte]

its on the paypal website....if you have a paypal account, log in and on the main page it will say "Earn a return on your account" or something like that...Click on that...

Cheers,
Roy

 

[suprra_girl]

i think it's only usa coz i can't seem to find it either

 

[swaq]

I use it and have about a $6000 balance so I'm getting around $15-20 a month from the interest right now. Much better than a bank account. It might be U.S. only, I don't know.