Can You Withdraw Money From PayPal Without A Bank Account?

PayPal is one of the most popular payment services that allows users to send and receive money safely and conveniently. In fact, PayPal is definitely one of the finance apps that have massively contributed to the digital shift in the financial space.

What’s even greater with the service is, it’s open for anyone looking to have a taste of online payment services and allows consumers without an account to make payments through it. If you’ve been using PayPal for some time now, you can agree with me that it offers many ways to withdraw money from the platform — of which the most common is through a linked bank account.

However, if you don’t have a bank account or don’t want to use your bank account for withdrawals, there are a couple of options available to cash out your money. To help you out, I’ve compiled the best ways to withdraw money from PayPal without a bank account.

How To Withdraw Money From PayPal Without A Bank Account

Whether the “withdraw to bank account” option isn’t available for you or you don’t want to use your bank account to withdraw money from PayPal, there are a couple of options available for you. Let’s explore these alternatives:

1. Request Paper Checks

If you’re used to receiving payments from your employer through checks, then this option should be ideal for you. One of the best ways to withdraw money from PayPal without using a linked bank account is by requesting a paper check from the platform. The process is very easy and straightforward and would not, in any way, require you to use a bank account.

To request a paper check on PayPal, follow these steps:

1. Go to “Wallet.”
2. Click “Transfer Money.”
3. Click “Request a check by mail” (fee applies).
4. Enter the amount you want to transfer (the minimum is $1.51 USD).
5. Click “Next.”
6. Review your transfer details, then click “Request (amount) Now.”
7. Click “Done.”

It roughly takes between 5-10 business days for your paper check to arrive in your mailbox. Once it arrives at your address, you can cash the check or endorse it to someone else. There are a couple of places to cash a check nowadays besides banks and credit unions, including gas stations, liquor stores, and other check-cashing services.

2. Through The PayPal Debit Card

The PayPal Debit Card is a card that lets you spend your PayPal balance in-store anywhere Mastercard is accepted. You can also get cash rewards for eligible purchases through the card. In addition to that, the PayPal Debit Card turns out to be a great way to withdraw money from your PayPal account. And of course, you won’t be needing your bank account for this.

However, there are some eligibility requirements to get the card, which include:

• Having a PayPal Balance account.
• Being an active PayPal member with no open issues in the Resolution Center.

To apply for a PayPal Debit Card, follow these steps:

1. Go to the PayPal Debit Card page.
2. Click on “Request Your Card.”
3. Then follow the instructions to request your card.

You should be able to start withdrawing money from your PayPal account without a bank account at an ATM as soon as you receive your card, which should roughly take 7-10 business days to arrive.

How Long Does It Take To Withdraw Money From PayPal Without A Bank Account?

It typically takes 5-10 business days to withdraw money from PayPal without a bank account regardless of the method you used. Whether you chose to request a paper check or use the PayPal Debit Card, this duration remains consistent.

How To Get Cash From PayPal Instantly

The best way to get cash from PayPal instantly is through the “Instant Transfer” option, which goes at a fee. To get cash from PayPal instantly, follow these steps:

1. Go to “Wallet.”
2. Click “Transfer Money.”
3. Click “Withdraw from PayPal to your bank account.”
4. Select “Instant” (Free).
5. Follow the instructions.

By selecting the “Instant” option, you can have access to your funds within minutes, providing a quick solution for urgent cash needs.

How To Withdraw Money From PayPal Without Fees

Surprise! It turns out that the best way to withdraw money from PayPal without fees is through a bank account with the standard transfer option. To do so, follow these steps:

1. Go to “Wallet.”
2. Click “Transfer Money.”
3. Click “Transfer to your bank.”
4. Select “in 1-3 days” (No fee).
5. Follow the instructions.

By opting for the standard transfer, you can avoid any additional charges and have your funds transferred to your bank account within 1 to 3 business days.

Can I Receive Money On PayPal Without Linking A Bank Account Or Card?

Yes, you can receive money on PayPal without linking a bank account or card. However, keep in mind that you won’t be able to withdraw the money from the platform unless you link a valid bank account or card to your account. This step is essential for accessing the funds you receive.

Final Thoughts

PayPal is a popular payment service that allows people to send and receive money to and from any part of the world. PayPal offers many ways for customers to withdraw money from the platform, and whether you’re using it to use a bank account or not for withdrawing funds, you should find a couple of convenient options for you.

While withdrawing money from PayPal without a bank account is possible, it can, however, take longer than expected considering the time it will take a paper check or your PayPal Debit Card to arrive in your mailbox.

FAQs

1. Can I withdraw money from PayPal without a bank account?
   • Yes, you can withdraw money from PayPal without a bank account. Two popular options are requesting paper checks or using the PayPal Debit Card.
2. How long does it take to withdraw money from PayPal without a bank account?
   • It typically takes 5-10 business days for both paper checks and the PayPal Debit Card option.
3. Is there a way to get cash from PayPal instantly?
   • Yes, you can get cash from PayPal instantly by using the “Instant Transfer” option, which incurs a fee.
4. How can I withdraw money from PayPal without incurring fees?
   • To withdraw money from PayPal without fees, opt for the standard transfer to your bank account, which takes 1-3 business days.
5. Can I receive money on PayPal without linking a bank account or card?
   • Yes, you can receive money on PayPal without linking a bank account or card, but you won’t be able to withdraw it without linking a valid bank account or card to your PayPal account.