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The Parent must apply for the Student Card. By creating a Student Account with PayPal you are also requesting a Student Card Account. The Bancorp Bank and PayPal retain sole discretion to accept or reject any application for a Student Card.Since you can no longer set up a PayPal Student account, you’ll need to look for alternative options. One solution is to open a custodial account and let them take ownership of it when they turn 18. Meanwhile, you can keep an eye on their account activity and help them make sound decisions.
- Log in to your own PayPal account.
- Click Products & Services at the top of the page.
- Click View All PayPal Products.
- Click Student Account.
- Click Open a Student Account.
- Follow the steps to create a Student account.
Contents
Can you make a student PayPal account?
The Parent must apply for the Student Card. By creating a Student Account with PayPal you are also requesting a Student Card Account. The Bancorp Bank and PayPal retain sole discretion to accept or reject any application for a Student Card.
How do I make a PayPal account under 18?
Since you can no longer set up a PayPal Student account, you’ll need to look for alternative options. One solution is to open a custodial account and let them take ownership of it when they turn 18. Meanwhile, you can keep an eye on their account activity and help them make sound decisions.
Can a 14 year old use PayPal?
PayPal’s rules require that you be at least 18 years old before you can open an account, as it is illegal to enter into a contract unless you are an emancipated minor. Children and teenagers can open PayPal student accounts, but they must be signed up by an adult and be the primary account holder in order to do so.
Can a 17 year old have PayPal?
If you are an individual, you must be a resident of the United States or one of its territories and at least 18 years old, or the age of majority in your state of residence to open a U.S. PayPal account and use the PayPal services.
What happens if PayPal finds out you are under 18?
If they suspect they can ask for copies of birth certificate and or driving license/passport. Then you’ll be banned forever from PayPal and they may record it on your credit file It would show as fraud so you could risk your finances for a very long time.
Can a 16 year old have venmo?
You must be physically located in the United States. You must have a U.S. cell phone that can send/receive text messages from short codes (please note that this phone number can not be on file with another Venmo account) You must be at least 18 years old (or the age of majority in your state of residence)
Can a 15 year old use Google pay?
Age Restrictions.
You must be 18 years of age or older, in order to use Google Pay. If you allow anyone to use your Google Account on Google Pay, including individuals under 18 years of age, you will be responsible for ensuring that such individuals comply with the Combined Google Pay Terms.
Can I have 2 PayPal accounts?
To begin with, PayPal allows one user to have a maximum of two accounts. One is for personal use while the other one is for business use. End-users are allowed to add as many email addresses for accepting/sending payment.
What age do you need to be to create a PayPal account?
If you are an individual, you must be at least 18 years old and have full legal capacity to enter into a contract to open a PayPal account and use the PayPal services.
Can a minor use cash App?
Anyone between the ages of 13 and 17 can get access to expanded Cash App features in the US (including P2P transactions, Cash Card, Direct Deposit, and Boost) with approval from a parent or guardian. Once the parent or guardian approves the request, they are the legal owner of the 13-17 year old’s account.
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Solved: Set up student account
Adrian,
None of those work. You copy/pasted a response that no-one at PayPal has taken the time to check whether it’s still valid or not.
The site is badly broken. Features come and go and people in support are not kept in the loop. As a good indication that the site is broken: for how many years are we going to see a link to “PayPal classic” on the home page? This has been here for years and serve no purpose. No-one is apparently taking care of updating the UI.
As for student accounts, they are no longer supported. existing ones work but you cannot create a new one. PayPal has other priorities, like making sure their site is re-written for the Nth time because every once in a while, someone comes up with a new idea they swear is the golden bullet. It breaks existing features even more and it guarantees that the site runs on 3 legs.
PayPal used to be a product driven company (do what the customers ask), it’s now an engineer driven company (do what the engineers enjoy doing). Guess who pays the price.
How do I know this? I used to be a PayPal employee.
studentaccount-full
Foreign Transactions. If you obtain your funds or make a purchase in a currency other than the currency in which your Card was issued, the amount deducted from your funds will be converted by MasterCard International Incorporated into an amount in the currency of your Card. The exchange rate between the transaction currency and the billing currency used for processing international transactions is a rate selected by MasterCard International Incorporated from the range of rates available in wholesale currency markets for the applicable central processing date, which may vary from the rate MasterCard International Incorporated itself receives, or the government-mandated rate in effect for the applicable central processing date.
Card not Present Transactions. If you use the Card number without presenting the Card in person (such as for a mail order, telephone, or internet purchase), the legal effect will be the same as if you used the Card itself. For security reasons, we may limit the amount or number of transactions you can make on the Card in these scenarios. You may not use your Debit Card for online gambling or any other illegal transaction.
If you use an ATM for any transaction, including a balance inquiry, you may be charged a fee by the ATM owner even if you do not complete a withdrawal. This ATM fee is a third party fee amount assessed by the individual ATM operator only and is not assessed by us. This ATM fee amount will be charged to your Card.
All fee amounts will be withdrawn from your Card Account and will be assessed as long as there is a remaining balance on your Card Account, except where prohibited by law. Anytime your remaining Card Account balance is less than the fee amount being assessed, the balance of your Card Account will be applied to the fee amount resulting in a zero balance on your Card Account.
18.1 Protection for Unauthorized Transactions and Other Errors.When an Unauthorized Transaction or Other Error occurs through your Card Account, including Unauthorized Transactions that occur because your Card has been lost or stolen, we will cover you for the full amount of every eligible Unauthorized Transaction or Other Error as long as you follow the procedures discussed below in Section 18.2.
An “Unauthorized Transaction” is a type of error that occurs when money is sent from your Card Account that you did not authorize and that did not benefit you. For example, if someone steals your Debit Card and PIN, uses the Debit Card to access your Card Account, and makes a withdrawal from your Card Account, an Unauthorized Transaction has occurred. If you give someone your Card and give them permission to use it, you will be responsible for all transactions conducted by them on your Card Account even if they have conducted more transactions than you authorized, unless you notified us that transfers by that person are no longer authorized.
In addition, “Other Errors” occur when money is either incorrectly taken from your Card Account or incorrectly placed into your Card Account, or when transactions are incorrectly recorded in your Card Account. Other Errors that are covered by us are limited to the following events: if you send a payment and it is incorrectly debited from your Card Account; if an incorrect amount is credited to your Card Account; if a transaction is missing from or not properly identified in your Card Account statement; if you receive an incorrect amount of money at an ATM; and if there is a computational or mathematical error by us.
You may request documentation or information regarding your Card Account or transaction to determine whether an Unauthorized Transaction or Other Error exists by contacting us through the Contact Us link at the bottom of each page of the PayPal website.
18.2 Notification Requirements.
In case of errors or questions about your electronic transactions, call 866-888-6080 or write to Cardholder Services, PayPal Debit Card Department, Attn: Dispute Resolution, P.O. Box 45950, Omaha, NE 68145-0950 if you think your statement or receipt is wrong or if you need more information about a transaction listed on the statement or receipt. We must allow you to report an error until sixty (60) days after the earlier of the date you electronically access your Card Account, if the error could be viewed in your electronic history, or the date we sent the FIRST written history on which the error appeared You may request a written history of your transactions at any time by calling us at 866-888-6080 or writing us at PayPal Debit Card Department, Attn: Dispute Resolution, P.O. Box 45960, Omaha, NE 68145-0950 You will need to tell us:
Your name and Card Account number Why you believe there is an error, and the dollar amount involved Approximately when the error took place
If you provide this information orally, we may require that you send your complaint or question in writing within ten (10) business days.
We will determine whether an error occurred within ten (10) business days after we hear from you and will correct any error promptly. If we need more time, however, we may take up to forty-five (45) days to investigate your complaint or question. If we decide to do this, we will credit your Card within ten (10) business days for the amount you think is in error, so that you will have the use of the money during the time it takes to complete the investigation. If you do not have federal payments (for example, Social Security benefits, tax refunds or other government payments) deposited to your Card Account, we may not credit your Card. If we ask you to put your complaint or question in writing and you do not provide it within ten (10) business days, we may not credit your Card.
For errors involving new Cards, POS, or foreign-initiated transactions, we may take up to ninety (90) days to investigate your complaint or question. For new Card Accounts, we may take up to twenty (20) business days to credit your Card Account for the amount you think is in error.
We will tell you the results within three (3) business days after completing the investigation. If we decide that there was no error, we will send you a written explanation. Copies of the documents used in the investigation may be obtained by contacting us at the phone number or address listed at the beginning of this section. If you need more information about our error-resolution procedures, call us at 866-888-6080.
18.3 Processing Errors. We will rectify any processing error that we discover. If the error results in your receipt of less than the correct amount to which you are entitled, PayPal will credit your Card Account for the difference. If the error results in your receipt of more than the correct amount to which you are entitled, PayPal will debit the extra funds from your Card Account. If the error resulted in our not completing a transaction on time or in the correct amount, we will be liable for your losses or damages directly caused by this failure, unless: (a) through no fault of ours, you did not have enough available funds to complete the transaction, (b) our system was not working properly and you knew about the breakdown when you started the transaction, or (c) circumstances beyond our control (such as fire, flood or loss of Internet connection) prevented the transaction, despite our reasonable precautions.
Student PayPal Account In 2022 (Do They Exist + Alternatives)
In this era, many parents want to teach their kids how to use and save money, and PayPal is a financial company and a good platform to use to teach kids about money.
If you are considering using PayPal to teach your kids or young adults about saving and spending money, you might also be wondering if PayPal has an option for this, and how to set it up? I looked into it, and here is what I found out!
Do Student PayPal Accounts Exist In 2022?
Student PayPal Accounts did exist, but they are no longer available to use in 2022. In 2016, PayPal decided to shut down PayPal Student Accounts, along with PayPal Student Debit MasterCards. Now you cannot own a PayPal account until you are 18, or the age of majority in your country or region.
If you would like to learn more about why PayPal shut down PayPal Student Accounts and PayPal Student Debit MasterCards, alternatives to PayPal Student Accounts, and more, then continue reading!
Does PayPal still have Student Accounts?
Unfortunately, PayPal no longer allows its users to create PayPal Student accounts or have PayPal Student Debit MasterCards.
PayPal Student accounts began in 2009, and were only available in the U.S.
Unfortunately, in 2016, PayPal decided to permanently shut down PayPal Student Accounts, as well as shutting down PayPal Student Debit MasterCards.
Additionally, since PayPal has shut down its student feature, you now have to wait until you are 18 (or the age of majority in your state) to create and own a PayPal account.
How Did PayPal Student Accounts Work?
PayPal Student Accounts and PayPal Student Debit MasterCard were created for minors and for parents or guardians to track their minor’s PayPal account activity.
Before PayPal Student Accounts, minors, someone under 18 or under the age of majority in their country or region, could not create a PayPal account.
Therefore, with Student Accounts, minors were able to create regular PayPal accounts through their parent or guardian’s account.
Additionally, the parent or guardians of the minor could track and manage their minor’s account, while also allowing the child to use it as a normal account.
Furthermore, minors could purchase items or services, and send money to friends and family, just like regular PayPal accounts.
What Are Alternatives to PayPal Student Accounts?
Some alternatives to PayPal Student Accounts are as follows:
Greenlight For minors under 18 Easy for parents to deposit money into their minors account Easy Parental controls to monitor minors account activity
Capital One Money Teen Checking Account For minors ages 8 to 18 years old Joint accounts for parents or guardians Easy parental controls to monitor the minors account activity
Bank of America Student Banking For students under 18
Alliant For ages 13 to 17 years old Joint accounts with a parents or guardian
Chase High School Checking For students ages 13 to 17 years old No monthly fees if linked to a parent or guardian account
Huntington Bank For minors under 18 An adult over 18 must co-sign or have a joining account
Wells Fargo Clear Access Banking For minors ages 13 to 16 years old Parents or guardians can easily deposit money into their minor’s account
American Express: Bluebird Parents or guardians can buy the card, or cards, and give it to their minor Easy way to monitor your minors account activity and give them spending money
MyVanilla Card Parents or guardians can purchase these cards, and add their minor as a registered user
A Student checking account through your bank For students under 18
To learn more, you can also read our posts on how to change PayPal username, how long do PayPal refunds take, and PayPal friends & family refund,
Conclusion
PayPal Student Accounts did exist before in 2009, but they are no longer active. In 2016, PayPal shut down its student features, PayPal Student Accounts, and PayPal Student Debit MasterCard.
Because of this, minors now have to wait until they are 18, or the age of majority in their country or region, to own a PayPal account.
However, there are many alternatives to PayPal Student Accounts, such as Greenlight, Alliant, Student Banking Accounts, and many more.
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