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Discussion Starter · #1 ·
Just about to buy something from the states and the shop would prefer paypal to credit card.

I would rather pay by credit card as you obviously get insurance on items bought with your card.

Now because Paypal payments come straight off my credit card do I still get these benefits :confused:

Thanks

Matt
:)
 

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probably not, although check small print.
Your credit card would pay paypal who arent selling a product, just providing means of currency exchange/transfer.

I'd also watch out for currency exchange rates which can suck. Cheaper to do bank transfer of funds (xe.net offer service for zero commision on real time FOREX(?) rates) but obviously wouldnt have protection either.
 

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Discussion Starter · #3 ·
vikingboy said:
I'd also watch out for currency exchange rates which can suck. Cheaper to do bank transfer of funds (xe.net offer service for zero commision on real time FOREX(?) rates) but obviously wouldnt have protection either.
Will the exchange rates not be as they are on the day of paypal payment????

:confused: :)
 

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Leonard said:
Will the exchange rates not be as they are on the day of paypal payment????

:confused: :)
No, paypal offer really low exchange rates so they can cream more money from you.

Your payment to paypal would be protected by your card so if paypal won't refund your money just call your credit card company. Paypal get really upset about it but can't do alot :)
 

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Discussion Starter · #5 ·
chockymonster said:
No, paypal offer really low exchange rates so they can cream more money from you.

Your payment to paypal would be protected by your card so if paypal won't refund your money just call your credit card company. Paypal get really upset about it but can't do alot :)
Nice like the sound of that, when you say low you mean good yes???? Well for the buyer anyway :D
 

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Leonard said:
Just about to buy something from the states and the shop would prefer paypal to credit card.

I would rather pay by credit card as you obviously get insurance on items bought with your card.

Now because Paypal payments come straight off my credit card do I still get these benefits :confused:

Thanks

Matt
:)
What are you buying ..... sex aids :confused: :D
 

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Leonard said:
Nice like the sound of that, when you say low you mean good yes???? Well for the buyer anyway :D
No, as in bad. Eg, if the forex rate was 1.96 dollars to the pound paypal would offer 1.87 or something similar making the item more expensive for you to buy.
 

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Discussion Starter · #11 ·
chockymonster said:
No, as in bad. Eg, if the forex rate was 1.96 dollars to the pound paypal would offer 1.87 or something similar making the item more expensive for you to buy.
Oh dear I dont know what to do now :( Work out the difference I suppose and take it from there :eek:
 

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yes, you should also check your credit card fees - they have some sneaky hidden stuff too. Doesnt matter a lot of its a $20 dvd, but if its a $4000 turbo kit it can sting quite a bit.
 

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Discussion Starter · #13 ·
Oh well done it all now. Did it all through Paypal so at least i knew exactly what I was paying all be it £30 more with their high exchange rate :(

Cheers everyone :)

Anyone know how VAT and Duty are attatched to the purchase price :confused:

Matt
:)
 

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Leonard said:
Oh well done it all now. Did it all through Paypal so at least i knew exactly what I was paying all be it £30 more with their high exchange rate :(

Cheers everyone :)

Anyone know how VAT and Duty are attatched to the purchase price :confused:

Matt
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+17.5% = :p :crackup: dunno bout the duty :(
 

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Leonard said:


Anyone know how VAT and Duty are attatched to the purchase price :confused:

Matt
:)
Depends what it is.

For car bits will be about 10% duty on top of purchase and shipping cost, then 17.5% VAT on purchase cost, shipping and duty (yes, they do tax the tax)
 

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RSVMilly said:
I've been stung for about 22% in the past (for VAT and import duty)
The other thing that really hurts is when the courier charges you a handling fee for paying the tax on your behalf before reclaiming it from you, I think UPS does this and I recall they charged me 10quid for the pleasure.
 

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Oh my god Leonard this is starting to look like it is going to be a very expensive purchase for me, for something I have never ever seen. I had better like them :mad: :)

Bex :angel:
 
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