Add money to Paypal account without credit card?

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We received the following question regarding Paypal from a PMT reader:

I have no credit card and bank account. How can I load money in my Paypal account? Is there a bank that will accept money to put it in my Paypal account?

Adding money to Paypal account

We addressed this question before in our article How to add funds to a Paypal account. Basically, the two options to add money to a Paypal account is through (1) a US bank account; or (2) Balance transfer from another Paypal user.

Funds cannot be loaded from a debit or credit card, but when making online purchases, the transaction amount is deducted directly from the card balance.

So if you have no credit card or bank account, the only way to fund an account is to look for someone who will transfer his or her funds to you. Drop by the PMT Forum’s Paypal Exchange Board to look for people who would like to buy or sell Paypal funds.

We are warning you, though: It’s risky to transact with strangers so be careful before entering into such transaction.

Related reading:

About the Author

James Ryan Jonas teaches business strategy, investments, and entrepreneurship at the University of the Philippines (UP). He is also the Executive Director of UP Provident Fund Inc., managing and investing P3.1 Billion ($56 Million) worth of retirement funds on behalf of thousands of UP employees.

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20 thoughts on “Add money to Paypal account without credit card?”

  1. But what if I have a bank account linked already with Paypal. But when I tried
    adding funds, Paypal said “PayPal does not currently offer the ability to add funds from your bank account. ”
    Do you know of any banks which Paypal allows fund transfer? Thx

    Reply

  3. Im sure union eon will work, it works for me. No, the e-card of bpi won’t work. Problem with debit cards is when there is a mistake in the purchase, and there is a need to refund, it takes 2-4 months for international purchases with all the receipt verification because funds are automatically transferred unlike credit card.

    Reply

  6. I am experiencing the same here in Qatar EihdraG.I think use of paypal here is very complicated that’s why I’m using alertpay instead of paypal. Problem is, most merchants are not accepting alertpay because paypal is most used payment processor.

    About the transaction of looking for someone who will transfer his or her funds to you is very risky. There was a member on this site before name angelita who scammed the senior members of this site. So, be careful before entering into such transaction.

    Reply

  8. I got an EON card from union bank too thinking that I can use this to transfer funds to my pal pal account. Buti na lang I checked with customer service just this morning. Unfortunately I cannot transfer funds fromn my peso eon card to my paypal. Kailangan ko pala ay dollar account with unionbank which needs a USD1,000 minimum opening para I can transfer funds to my paypal.

    Kung peso account ang eon card ko, I can only transfer paypal funds to my eon and not vice versa.

    Reply

  11. Thanks for those advises. I still think that asking strangers to transact money with you is highly dangerous however for non US residents without credit card – it is maybe the only solution.

    Reply

  18. I have found a way although it has diminishing returns but still gets the job done,
    Use Bitcoin (for ph : coins.ph) , add money into that bitcoin account you made via 7/11 Stores,
    and then use that money added to bitcoin and transfer it to paypal account..
    you can create a paypal account w/out a credit card/debit card/bank account but you will have a spending limit of some sort, but you can use it to buy/sell already

    Reply

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