PayPal users to avoid paying an annual charge on their account, whether they use it or not. In October, Martin Lewis and his team of consumer champions at MoneySavingExpert.com highlighted the changes to the PayPal user agreement, including the upcoming charge.
Most of us have paid for at least one purchase by PayPal at some point online, and even if it has only been a few, sporadic transactions, the PayPal fee could end up being more costly than the purchase itself.
From December 16, 2020 PayPal will introduce an annual fee of up to £12 for users whose accounts have been inactive for at least 12 consecutive months.
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