Checking or savings account -- Closing an account -- Complaint #5455132

Complaint Overview

Complaint ID: 5455132

Company: Paypal Holdings, INC

Product: Checking or savings account

Sub-Product: Other banking product or service

Issue: Closing an account

Sub-Issue: Company closed your account

State: Iowa

ZIP Code: 511XX

Date Received: 2022-04-16T12:00:00-05:00

Date Sent to Company: 2022-04-16T12:00:00-05:00

Company Response: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

Woke up on XX/XX/2022 only to find out that my account has been permanently limited according to a mail sent to me by PayPal ( Ref ID - XXXX ). I have been in shock of what Policy I did go against that could result to my account been limited... I need explanation on what Policy I did violate and why should my account be limited. I have been a loyal PayPal customer over the years and with no engagement with fraudulent activities demand and explanation of why I am being wrongly limited.. I have mailed the executive and no response has been given.

Frequently Asked Questions

What is Complaint #5455132 about?

Complaint #5455132 was filed against Paypal Holdings, INC regarding Checking or savings account specifically about Closing an account. It was received by the CFPB on 2022-04-16T12:00:00-05:00.

How did Paypal Holdings, INC respond to this complaint?

The company responded with: "Closed with non-monetary relief". 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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