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Originally Posted by CRFSaver
Jesse,
Do you have to have a business relationship with them to deposit cash?
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I don't believe so CRF. And even if you did need a "business" account, if you never make any sales there are no charges to your account (they charge me per transaction).
So you could set up an account and simply withdraw money from your checking into your paypal account. When you want it out you'd simply transfer it out - no fees incurred whatsoever.
Again, you might be able to convert a personal account to a money market though (which is what gets you this rate) - I haven't checked to be sure.