Paypal Mastercard

[ryanhull]

Hey All,

I recently got a paypal business mastercard which is liinked to my UK paypal account see

I called paypal to ask about if its possible to withdraw in Thailand from an ATM and if so what are the charges, I spoke to an american lady who didnt seem to know her arse from her elbow so I took what she said with a pinch of salt as she just said 'Yeaw' to everything I asked.

Any of you guys tried to with draw from a paypal mastercard and if so did it work? what was the fee`s?

Say if I drew out 5000 bhat what is that ultimately going to cost me from my paypal balance?

Cheers all

Edited May 29, 2015 by ryanhull

[Anthony5]

I can't clearly see if this card is genuine. Can you please also post the backside of the card with the secure code clearly visible?

[ryanhull]

lol sure, would you like my pin too? go steady though

[ryanhull]

Anyway, I am going to pop to the ATM and try to draw out 5000 bhat and work out how much it cost me heh

[h90]

lol sure, would you like my pin too? go steady though

Please ask the mod to remove the picture and post one with the numbers black.

I for example can charge your card without the security code.

If some bad guy takes your number and orders something reasonable with me I could charge your card without problems....

[ryanhull]

Please note, that is not my card just one taken from google images as an example from paypal themselves.... you could print it off though and try it out?

[tolsti]

It expired last year.

[ryanhull]

Well, 10,000 bhat from an ATM machine using my paypal mastercard cost me £203.09

Note: the ATM asked me if I would like to use my countries rate or the thai exchange? something along those lines anyway and I have not seen it ask me that before, I choose keep my countries rate, not sure if that was good or bad.

All in all I think that is actually cheaper than using my natwest visa debit.

So might be worth while bank transferring to paypal and using a paypal mastercard?

Cheers

[h90]

lol OK.....I just saw the card and got a shock that someone may loose money now.....

If it isn't your card and expired already, than everything is good.....

[CharlieH]

Moved to financial forum

[Argus Tuft]

lol OK.....I just saw the card and got a shock that someone may loose money now.....

If it isn't your card and expired already, than everything is good.....

The consecutive digits 0123456789 on the card number was a pretty good clue it was a generic image, but I like your reaction on that anyway

[Argus Tuft]

Note: the ATM asked me if I would like to use my countries rate or the thai exchange? something along those lines anyway and I have not seen it ask me that before, I choose keep my countries rate, not sure if that was good or bad.

Pretty sure that choosing local currency is a better option when making any transaction in a foreign country but others may be able to confirm this

[Pib]

Just read the card' s Terms and Conditions at the webpage for the card: Link. The T&Cs paragraph 11.1 says 3 pounds plus 2.75% of amount withdrawn.

[swampdonkey]

lol sure, would you like my pin too? go steady though

Please ask the mod to remove the picture and post one with the numbers black.

I for example can charge your card without the security code.

If some bad guy takes your number and orders something reasonable with me I could charge your card without problems....

Look at the card closely it has card holder

Printed for a name.

I don't think the op is called card holder

[mogandave]

Looks like it cost you 8 quid.

[BKKdreaming]

I wish you could get a Paypal debit card on a Thai based Paypal account but as of not that is not possible

does the Thai ATM also take the 150-180 baht fee plus the fee Paypal charges you ?

[mogandave]

Why not just get a Thai bank account?

Or an ATM card that does no charge fees?

[ryanhull]

I wish you could get a Paypal debit card on a Thai based Paypal account but as of not that is not possible

does the Thai ATM also take the 150-180 baht fee plus the fee Paypal charges you ?

It does yes, its been pretty good though for example I have used it here in cambodia for dollars and it worked, plus paid a few things online. I like it as I often have paypal money sat in my account from selling things on ebay and what not, so it is good as it just takes it off my PP balance, sure I could send that money to my bank anyway but I often keep a bit of paypal balance for slype credit/agoda bookings and so on.

Why not just get a Thai bank account?

Or an ATM card that does no charge fees?

I have a UK natwest account currently, and a Thai account in my wifes name but unused and I have the card access to it, problem is I would still have to pay to transfer from my natwest to it but your correct I should really transfer larger bits and use the Thai card saving the 180bhat each time, then again I prefer keeping my money in my UK natwest account usually... I know the fraud team at natwest have got me out of a few pickles.

All in all I would say the paypal access mastercard is a bit different than your standard card with it using your paypal balance, pretty impressed with it so far despite the slightly steap rates, has a nice online menu/statement too.

Cheers