Paypal vs direct deposit?

[katiesurvey]

Hello everyone, 
I'm new here and I'm trying to decide which one is best. Paypal or direct deposit
If you could tell me the advantages and disadvantages of them both it would be greatly appricated!!! 
  ~Thanks!

[JeremiahSwayzer]

Hi, I use direct deposit which means the money goes to my bank account.
although if you have set up a bank account with paypal you can transfer the funds! "Paypal bank withdraws take up to 2-4 days but when you use dd it takes 1-2 days!

[Madd4Money]

Usually PayPal payments are processed first. 

[criesenbeck]

  see I knew there was a reason I LOVE PAY PAL!!!   

[dellaj19]

well i guess i will go with the flow. thank you

[Cuppycake]

Hi, I use direct deposit which means the money goes to my bank account.
although if you have set up a bank account with paypal you can transfer the funds! "Paypal bank withdraws take up to 2-4 days but when you use dd it takes 1-2 days!

I have a paypal debit card so I have instant access FTW ! 

[ODOMS6598]

   ME TOO AND MY MONEY WAS IN MY ACCOUNT ON THE 8TH...  IM STILL WAITING FOR CRASHCRATE'S CHECK..  THANKS FUSION CASH   YALL ARE SOO  GOOD......

[bmassenburg]

paypal and direct deposit are virtually the same except paypal doesn't go straight to your bank account but i assume you will see the money in the same time frame

[squirrelgirl44]

paypal and direct deposit are virtually the same except paypal doesn't go straight to your bank account but i assume you will see the money in the same time frame

Technically, the money would be in paypal in the same time frame, but unless you are planning on buying something with your paypal account or credit card, transferring the money from your paypal to bank takes a few business days.

[shaulina]

I have to admit, I really prefer using direct deposit with Fusion Cash. For one, my money goes directly into my account and avoids the extra step of having to then transfer money from PayPal to my bank (last I looked, my car payment and electricity couldn't be paid with PayPal). Two, PayPal actually charges me a fee, because I am signed up to use it for my ebay sales and am considered a "Premium" member. There are no fees with Fusion Cash for Direct Deposit. (!nd my bank doesn't charge me fees when I have a certain amount direct deposited each month - Yay!)

[Administrator]

We prefer that you use direct deposit, so I'm not suggesting you change - however, you don't pay any PayPal fees for FusionCash cashouts - even as a business or premier member - because we pay the fees when we use the Mass Payment system to send all the cashouts at once.

[ODOMS6598]

when i use my paypal debit card i get money back from using it.  for every 1.00 i use i get 1% back so thats not bad at all.. 

[cloudsoup]

paypal for me. its almost the same thing as direct deposit
considering paypal is set up with my bank account.

[pike010]

Depending on your financial situation I know that if you use paypal they can hold your funds in a Money Market Fund so you get interest at the end of every month. I know my checking account cant do that so it works out pretty good when the money market rate is up...