Question:

Will this payment will be considered as purchase or cash withdrawl?

by  |  earlier

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My Credit Card is added with Paypal and I am going to send $50 to my friend's paypal. I dont have any amount in my paypal. So If I send the amount to my friend, that will be sent from my credit card. I need to know the below thing.

Will this transaction be considered as Purchase and I will get 50 days due date for my credit card as usual?

or

This will be considered as cash withdrawl and I will be charged interest from next day itself?

Someone please answer me.

P.S: I am a newbie to Paypal so dont laugh if this question is silly.

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2 ANSWERS


  1. I have used paypal before and it goes out as a purchase not a cash advance.


  2. You might get a late charge.

    To be safe, I suggest you transfer 50 bucks from your credit card to your paypal to avoid any confusion.

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