PayPal $0.01 deposit phishing warning

A reddit report about a phishing scam that cost someone $0.01. Learn how to avoid falling victim.

Source: reddit | Scam Type: Phishing | Amount Lost: $0.01 | Date: April 08, 2026
I got an email from PayPal saying I had received a deposit of $0.01 from this entity. The email title says 'Alert: Your account link to a third-party wallet. A small deposit confirms activation, and 980 USD will be processed soon. Call (800) 385-xxxx for help.' I know not to call the number, and Google doesn't turn up a business by that name (unsurprising). I checked my PayPal app and I did indeed receive the deposit. I know it's a scam, so to prevent having a bigger scam deposit in my account that I have to ignore until it gets clawed back, I want to block the account. How do I do that? I use PayPal often to pay, so having mystery money that I know will eventually go away will really annoy me.

🛡️ How to Protect Yourself

1

Contact companies directly using official phone numbers

2

Protect your banking information and use secure connections

3

Install reputable antivirus software with email scanning

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