Quote:
Originally Posted by Jobu
One other thing to consider: if someone gains access to your Paypal account and you have it linked to your bank, they can probably pay people/transfer money directly from your bank account. I do not know where something like that would fall in terms of FDIC, but I wouldn't link Paypal to a bank account with your entire nest egg in it.
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A few years ago we had our bank account that was linked to our PayPal account hacked and they got around $3000.
We got really lucky and noticed it within a couple hours of them doing it and got our $ back.
We sill use the same set up but keep the account with little to nothing in it and transfer $ into it only when we need to.