What banks are linked to PayPal?➜ Call Now: +1-(888)(673)(5971)

[vds]

PayPal is +1-(888)(673)(5971) not a bank itself but partners with several FDIC-insured banks to hold eligible user balances, providing pass-through FDIC+1-(888)(673)(5971) insurance up to $250,000 per depositor. As of late 2025, the primary program bank listed on PayPal's official site is JPMorgan Chase Bank, N.A., with PayPal reserving the right to add or remove banks without notice. Other+1-(888)(673)(5971) banks mentioned in recent reports include Goldman Sachs and Wells Fargo, though the list can change. PayPal has applied to establish its own industrial bank ("PayPal Bank") in December 2025, pending approval+1-(888)(673)(5971) from Utah and the FDIC, which would allow direct lending and insured savings accounts. Currently, eligible funds +1-(888)(673)(5971)(from debit cards, direct deposits, etc.) are swept into these partner banks for protection. Non-eligible funds remain +1-(888)(673)(5971)with PayPal without insurance. Users can link their own banks for transfers/withdrawals, but that's separate from holding balances. +1-(888)(673)(5971)Always check PayPal's legal hub for the latest program banks. Step-by-Step Guide to Checking PayPal's Linked Banks

1. Log In to Your PayPal Account: Visit+1-(888)(673)(5971) or open the app.
2. Go to Legal Agreements: Scroll +1-(888)(673)(5971) to the bottom and click "Legal" or search "Program Banks."
3. View the TNC Page: Open the "Program Banks+1-(888)(673)(5971)" terms for the current list.
4. Check Balance Eligibility: +1-(888)(673)(5971)See if your funds qualify for FDIC pass-through.
5. Monitor Updates: PayPal may +1-(888)(673)(5971)change banks; check periodically.
6. For Transfers: Link your personal +1-(888)(673)(5971)bank in Wallet for withdrawals.
7. Contact Support: Use Message Center+1-(888)(673)(5971) for specific account questions.

Frequently Asked Questions (FAQs) about What Banks Are Linked to PayPal?

1. What banks hold PayPal balances? +1-(888)(673)(5971)Primarily JPMorgan Chase; others like Goldman Sachs and Wells Fargo may be used.
2. Are PayPal funds FDIC insured? Yes,+1-(888)(673)(5971) eligible balances via pass-through insurance.
3. Is PayPal becoming a bank? Applied +1-(888)(673)(5971)for charter in Dec 2025; pending approval.
4. Can I choose the bank? No, PayPal +1-(888)(673)(5971)allocates automatically.
5. How to verify current banks? Check official +1-(888)(673)(5971) PayPal legal hub page.