Does it cost money to open a PayPal account?

No. There's no charge to open a PayPal account and to transfer money from your bank account to your PayPal account. There is also no charge to purchase items within Australia using your PayPal account. And there are no account keeping fees of any kind.

There are fees in other cases, such as:

  • Receiving payments for goods and services.
  • Receiving payments from friends and family made using a debit or credit card.
  • Receiving payments from people in other countries.
  • Currency conversion.

You can refer to the Fees and Charges statement for more information.