Linking PayPal->Youth Account
Here’s a summary of the main problem and the solutions discussed:
- Main Problem: The user is unsure whether to select “checking account” or “savings account” when linking their Fidelity Youth Account to PayPal.
- Solution: It is recommended to select “checking” as the account type when linking the Fidelity Youth Account to PayPal.
- Additional Note: Users under 18 cannot use PayPal, and their account may require ID verification, which could lead to losing access to funds.
- Fidelity’s Policy: Fidelity can facilitate transfers from digital payment apps to the Youth Account, but they cannot comment on PayPal’s specific policies.
Here’s the full thread
When linking my fidelity youth account to PayPal, do I select my account type as checking account or savings account ?
checkings
also note that you cannot use paypal if you are under 18, your account will eventually be forced to ID and you’ll lose your money in it @bryce
Thanks for reaching out to us, @bryce. Happy to provide some information to you today.
You can transfer funds from digital payment apps to and from a Youth Account. That being said, we are unable to speak to PayPal’s policy.
Typically, when linking an account such as the Youth Account, you can put “Checking” as the account type.
You can learn more about digital payments here: https://www.fidelity.com/spend-save/mobile-payments
Let us know if you have additional questions. We hope to see you around Discord! 🟢