Dave wrote on Apr 8^th, 2006 at 8:12pm:


Yes, I certainly did think of that!

However paypal have a lifetime limit of receiving £500 for personal paypal accounts, before forcing an upgrade to premier/business.  I don't know for sure, but if I received say £20 from quidco, then topped up to £50 to avoid the withdrawal fee, then paypal might count as received £50 towards this limit.

However it is perfectly possible to create another other paypal accounts, and in reality it would take quite a while to reach that £500!!

Paypal impose this limit because paypal is used mainly on ebay, and upgrading the account means that you can accept credit card payments, but there is a fee on each transaction and this fee is imposed whether the buyer pays by credit card or not.  As a buyer on ebay I do prefer to pay by credit card.

Ebay sellers usually take this into account when accepting money from people, but when paypal fees can eat into the money given from a cashback site, surely paypal is not the best option.

Quidco do state on their page that they are looking into other ways to pay people, and hopefully they will start paying by BACS before the £500 limit becomes an issue.

BACS payments are free to set up, and 100% of the amount transferred reaches the destination account, and surely it's just as convenient as paypal to administer.

Well, having applied at the end of February, I still haven't been connected.

I called them at the end of March, and found that because Talk Talk took over Tele2, they had put a request to convert my CPS over to them, and nobody else could ask BT for CPS, or WLR in that time.  When I called Post Office, the deadline date had expired, so Post office could go full steam ahead with converting my line.

Well, still waiting for that letter confirming my change over date!!

I think I'll give them a call after the bank holiday if there's nothing in the post on Saturday or Tuesday.