Checking or savings account -- Managing an account -- Complaint #18208986

Complaint Overview

Complaint ID: 18208986

Company: Paypal Holdings, INC

Product: Checking or savings account

Sub-Product: Checking account

Issue: Managing an account

Sub-Issue: Deposits and withdrawals

State: North Carolina

ZIP Code: 27603

Date Received: 2025-12-21T12:00:00-05:00

Date Sent to Company: 2025-12-21T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Servicemember

Consumer Narrative

Venmo froze {$110.00} in my account following a legitimate XXXX purchase. The funds have been held for over two months. Venmo now claims my account is closed but refuses to specify any policy violation, provide evidence, or explain when or if my funds will be released. I have repeatedly requested clarification with no response. This is causing financial harm and appears to be an improper and abusive funds hold.

Frequently Asked Questions

What is Complaint #18208986 about?

Complaint #18208986 was filed against Paypal Holdings, INC regarding Checking or savings account specifically about Managing an account. It was received by the CFPB on 2025-12-21T12:00:00-05:00.

How did Paypal Holdings, INC respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Checking or savings account) and describe your issue in detail.

Can I see other complaints against Paypal Holdings, INC?

Yes, visit the Paypal Holdings, INC company profile at readthecomplaint.com/company/paypal-holdings-inc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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