DonShock said:
I was considering setting up a second e-mail address and paypal account for CC like several sellers here have done. A question for anyone who has actually done this: Do I also have to set up a seperate bank account or can I link both to the same account?
I have not done this, but I am pretty sure you need to use different credit card and bank accounts for each paypal account. But if you offer paypal in an ebay auction as a payment method, you will need to use the premier account. Your only savings would be when someone is sending you funds from a bank or paypal account.
Remember though, that paypal will know that you are the actual owner of both accounts. If your premier account ever gets zinged by a buyer who did a credit card chargeback, or a "not significantly as described" complaint, paypal will remove the funds from the premier account, and if there is not enough money available, they will take the balance from your personal account, provided it has funds available. They have been known to typically tie up accounts for 6 months, while "investigating" buyer complaints. Remember, paypal is not a bank. There is no regulation or rules, except theirs. No FDIC insurance. They are in business first to make a profit, and the more money they can tie up, the more profit they make. Do not keep high balances in these accounts if you want to be sure your money is actually going to be there when you want to use it.
LMU