posted on March 29, 2001 11:54:54 PM new
Hi!
I have been signed up for the earning interest feature on PayPal for a couple months. I haven't seen any benefit to it. Do they deposit money in it every month if there is a balance? Thanks for your help.
Vanessa
posted on March 30, 2001 12:11:36 AM new
Hi Vanessa,
You should see a dividend payment to your account monthly (provided you have a balance for a period of time or keep a balance in your account). The current yield is 4.2%. What does your history log show?
posted on March 30, 2001 07:34:05 AM new
If my recollection is correct, the dividend payments didn't show up in your inbox - but DID show up in your history. It usually is paid on the 1st or 2nd of each month...
If you check your "history" file, you should see a payment from "Paypal - Money Market". That would be the dividend deposit.
posted on March 30, 2001 07:59:15 AM new
The dividends only shows up in your History Log. Looking at my history log I see that my dividends were paid December 1, December 30, Feb 1, and March 1.
Correct. We are also going to be emailing customers when a dividend is paid into their account and a potential correction will be made to make it appear in the INBOX.
