Greendot MoneyPak Review

When you need to transfer money into your PayPal account from your bank account, it is a simple process. When you are on the PayPal website, you just go to the Add Funds link, choose the bank transfer option which will then guide you to add money from your bank account. Your money will then arrive into your PayPal account in 3 to 5 days. This is an easy process that almost every PayPal user has used at least one time before.

What if you need money in your PayPal account right away though? Maybe you don't have 3 to 5 days to wait for your money to transfer over. This was a problem I was faced with many times. Some might be thinking why in the heck someone will want the money in their PayPal account when they could just pay with a debit card or credit card. There are situations when Paypal users will have money automatically deducted from their Paypal account. Some PayPal users may subscribe to a monthly service and have a certain amount deducted on a certain day every month. As an example, if money will be deducted on the second of every month, and it is the first of the month but the money to cover the fee is not in their PayPal account, it will not help to transfer the money from their bank account since it will take 3 to 5 days to transfer the money.

This is where Greendot MoneyPak comes handy. Has you ever needed money in your PayPal account right away? Greendot Moneypak is a prepaid card that can purchased at participating retailers. Walmart, CVS, K-Mart, Rite Aid, 7-11 and Walgreens are all major retailers that carry MoneyPak. Below is a picture of the MoneyPak card.

When you go and buy your MoneyPak card, you will have to pay the amount that you will be putting on your prepaid card plus a small fee of $4.95. If you want to put $200 on your MoneyPak card then you will pay $204.95 for it. Please note that you will need to pay cash to put money on your card. I personally tried to do it the first time with my debit card and was refused. You need to pay with cold hard cash.

The money will then be on your card. You will then have to log in to your PayPal account where you will have to click on the Add Funds link as you would if you were going to transfer money the regular way from your bank account. Instead of clicking on bank transfer, you will instead click on the Greendot MoneyPak link.You will then be directed to a page that will ask you for your MoneyPak number. You will get this as it will be displayed on your PayPak card. You continue to follow the instructions on the site and just like that you will have instant cash in your PayPal account. Just so you know, you can also add money to your PayPal account directly from the Greendot website, but I have always done the transaction straight from my PayPal account.

Even though I have only used MoneyPak to transfer money to my PayPal account, you can do many other things with this card. You can make instant payments to your cell phone, cable company, selected credit cards ad many other services.

I give the Greendot MoneyPak an A+!!!!!!!! It is really a fantastic service that I find very useful. I do not know how long this card has been around, but I personally discovered it about 6 months ago. Hopefully this article has helped you when you need instant cash in your PayPal account. If anyone ever ask you "How do I get money into my PayPal account right away?" - You know what to tell them.