How To Withdraw Money From PayPal Without A Bank Account

PayPal is a popular digital payment system that allows users to send and receive money online. However, not everyone has a bank account, so it’s important to know how to withdraw money from PayPal without one.

4 best ways to withdraw money from PayPal without a bank account

1. Request a paper check

This is the most straightforward way to withdraw money from PayPal without a bank account. To request a paper check, follow these steps:

  1. Log in to your PayPal account.
  2. Click on Wallet.
  3. Click on Transfer Money.
  4. Under Withdraw Funds, click on Request a check by mail.
  5. Enter the amount you want to withdraw and your mailing address.
  6. Click on Next.
  7. Review the details of your request and click on Submit.

PayPal will mail you a check within 7-10 business days. Once you receive the check, you can cash it at a bank or other financial institution. There is a fee of $1.51 USD to request a paper check.

2. Get a PayPal Cash Card

The PayPal Cash Card is a prepaid debit card that you can use to withdraw money from ATMs or to make purchases in stores. To get a PayPal Cash Card, you must have a verified PayPal account and a valid US mailing address.

To order a PayPal Cash Card, follow these steps:

  1. Log in to your PayPal account.
  2. Click on Wallet.
  3. Click on PayPal Cash Plus.
  4. Click on Get a PayPal Cash Card.
  5. Review the details of the PayPal Cash Card and click on Order Now.

Your PayPal Cash Card will arrive in the mail within 7-10 business days. Once you receive your card, you must activate it before you can start using it. To activate your card, follow the instructions on the back of the card.

Once your card is activated, you can use it to withdraw money from ATMs or to make purchases in stores. To withdraw money from an ATM, simply insert your card and enter your PIN. There is a fee of $2.00 USD to withdraw money from an ATM.

3. Get a PayPal Debit Mastercard

If you’re a verified PayPal Business account holder, you can apply for a PayPal Debit Mastercard. This card allows you to withdraw cash from ATMs and make purchases at stores and online. There is a $5.95 monthly fee for the PayPal Debit Mastercard. To apply for a card, go to your PayPal wallet and click PayPal Debit Mastercard.

4. Use a third-party service

There are a number of third-party services that allow you to withdraw money from PayPal without a bank account. These services typically charge a fee, but they may offer faster withdrawal times than PayPal. Some popular third-party services include:

  • Xoom: Xoom allows you to withdraw money from PayPal to a bank account or cash pickup location. Fees vary depending on the withdrawal method and country.
  • Payoneer: Payoneer offers a prepaid debit card that you can use to withdraw money from PayPal from ATMs or make purchases at stores and online. There is a $3 monthly fee for the Payoneer card and a $2.50 ATM withdrawal fee.
  • Skrill: Skrill allows you to withdraw money from PayPal to a bank account or prepaid card. Fees vary depending on the withdrawal method and country.

Others ways to withdraw money from PayPal without a bank account

  1. PayPal Cash Plus card: This is a digital debit card that you can use to make purchases online or in-store with your mobile device. You can also use it to withdraw cash from ATMs, but there is a $2 fee per withdrawal. There is no monthly fee for the card.
  2. PayPal Money Transfer: You can send money from your PayPal account to a friend or family member who has a bank account. They can then withdraw the money from their bank account. There is a fee for PayPal Money Transfers, which varies depending on the amount of money you are sending and the country you are sending it to.
  3. PayPal Bill Pay: You can use PayPal to pay your bills directly, even if you don’t have a bank account. This can be a convenient way to withdraw money from your PayPal account, but there is a fee for each bill payment.
  4. PayPal Gift Card: You can purchase a PayPal gift card with your PayPal balance. You can then redeem the gift card for cash at a store that sells PayPal gift cards, such as Walmart or Target. There is typically a fee to redeem PayPal gift cards for cash.

Tips for withdrawing money from PayPal without a bank account

  • Compare fees: Before you choose a withdrawal method, compare the fees charged by different services.
  • Be aware of exchange rates: If you’re withdrawing money to a foreign currency account, be aware of the exchange rate that will be applied.
  • Protect your account: Be careful when entering your PayPal login information on third-party websites. Only use reputable services.

How to Activate Your PayPal Cash Card

To activate your PayPal Cash Card, you can follow these steps:

  1. Go to paypal.com/activatecard.
  2. Log in to your PayPal account.
  3. Enter your card number and the security code from the back of your card.
  4. Click Activate Card.

You can also activate your PayPal Cash Card by calling the 24-hour automated activation line at 1-800-314-8298.

Once your card is activated, you can start using it to make purchases in stores and online. You can also withdraw cash from ATMs.

To withdraw cash from an ATM, simply insert your card and enter your PIN. You will be charged a $2.50 ATM withdrawal fee by PayPal.

Conclusion

There are few main ways to withdraw money from PayPal without a bank account: requesting a paper check, getting a PayPal Cash Card, PayPal Debit Mastercard and use a third-party services. The best method for you will depend on your individual needs.

Frequently Asked Questions (FAQ)

How do I turn my PayPal money into cash?

There are two main ways to turn your PayPal money into cash: Request a paper check or Get a PayPal Cash Card.

Can you withdraw money from PayPal without bank card?

Yes, you can withdraw money from PayPal without a bank card. You can do this by requesting a paper check or by using a third-party service.

Can I withdraw money from PayPal to Western Union?

Yes, you can withdraw money from PayPal to Western Union. To do this, you will need to create an account with Western Union and then link your PayPal account to your Western Union account. Once your accounts are linked, you can withdraw money from PayPal to Western Union and then pick up the cash at a Western Union location. There is a fee to withdraw money from PayPal to Western Union.

Can I transfer from PayPal to Binance?

Yes, you can transfer money from PayPal to Binance. To do this, you will need to create an account with Binance and then link your PayPal account to your Binance account. Once your accounts are linked, you can transfer money from PayPal to Binance. There is a fee to transfer money from PayPal to Binance.

Can I send money from PayPal to Payoneer?

Yes, you can send money from PayPal to Payoneer. To do this, you will need to create an account with Payoneer and then link your PayPal account to your Payoneer account. Once your accounts are linked, you can send money from PayPal to Payoneer. There is a fee to send money from PayPal to Payoneer.

What is the minimum withdrawal on Payoneer?

The minimum withdrawal amount on Payoneer is $50 USD.

How much does a Payoneer card cost?

The Payoneer card is free to order, but there is a $29.95 USD annual fee.

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