PayPal to introduce £12/$16 p.y. fee for inactive accounts

[koolkat]

They sent out T&C emails to enable the fee legally. But they did not inform directly, they hid it in the T&Cs, so few people know about it.

The fee will start being applied from Dec 16, 2020 on accounts with positive balance that have been inactive for 12 months. You can avoid the fee by logging in by that date.

https://www.moneysavingexpert.com/news/2020/10/paypal-to-introduce-p12-yr-fee-for--inactive--accounts---act-now/

[bluescope]

Thank you, koolkat,

Paypal is already one of the world's richest companies and now they want more?

Oy vey!