PayPal is how many people transact online, from buying items on Etsy to invoicing clients for freelance work. When it comes time to cash out your account, there are a few different methods you can use.
How to Transfer Money from PayPal to Your Bank Account Instantly
The quickest and easiest way to access the money in your PayPal account is to link it to your bank account. Once this is set up, you can transfer as much money as you have available.
Depending on your bank, your transfer may take up to 5 business days to appear the same day. This directly depends on your financial institution, the time of day, and if it is a federal holiday when you initiate the transfer. Please note that transactions initiated after 7pm ET may not be processed until the next business day. To use this method, you must have at least $1 in your PayPal account.
Many people use their debit or credit card as a direct way to pay for most of the transactions they make on a daily basis. You can link your PayPal account to a debit or credit card and transfer money directly to the associated account. If it is a prepaid card, the money will be deposited directly onto the card.
