PayPal to start charging inactivity fee

In case you haven’t heard – PayPal will soon be assessing an inactivity fee.

This will apply to any account that is carrying a balance that has been dormant in the prior 12 months beginning November 20, 2021.

The fee will be deducted from your balance up to a maximum of $20.

If you do have a PayPal account and haven’t used it in awhile, all that is required to keep it “active”, is to log into your account.

If you are carrying a balance, you may wish to withdraw it to any linked bank account (minimum $15).

Details: www.ctvnews.ca/business/paypal-is-about-to-start-charging-canadian-users-an-inactivity-fee-here-s-how-to-avoid-it-1.5572578


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