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description PayPal Savings Overview
PayPal Savings offers a savings account integrated with PayPal's existing platform. While convenient for those already using PayPal, the interest rates are generally lower than those offered by dedicated online banks. The account is easily accessible through the PayPal app and website. Customer service is primarily online.
It's a suitable option for seniors who prioritize convenience and integration with PayPal's ecosystem over maximizing interest rates.
help PayPal Savings FAQ
What is PayPal Savings?
PayPal Savings offers a savings account integrated with PayPal's existing platform. While convenient for those already using PayPal, the interest rates are generally lower than those offered by dedicated online banks. The account is easily accessible through the PayPal app and website. Customer service is primarily online. It's a suitable option for seniors who prioritize convenience and integration with PayPal's ecosystem over maximizing interest rates.
How good is PayPal Savings?
PayPal Savings scores 4.8/10 (Poor) on Lunoo, making it rated in the Service category.
What are the best alternatives to PayPal Savings?
See our alternatives page for PayPal Savings for a ranked list with scores. Top alternatives include: Ally Bank Interest Checking Account, Ally Home, Discover Bank Checking.
How does PayPal Savings compare to Ally Bank Interest Checking Account?
See our detailed comparison of PayPal Savings vs Ally Bank Interest Checking Account with scores, features, and an AI-powered verdict.
Is PayPal Savings worth it in 2026?
With a score of 4.8/10, PayPal Savings is a solid option in Service. See all Service ranked.
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