Went through the same experience a few months ago with them locking up a huge amount of guest deposits and thereby season cash flow. Had my account for 19 years. Managed to extricate a fair amount but at a steep cost and lots of hassles. The remainder is locked up until April and now I'm not even allowed to log into the account (and they don't respond to requests why). I went over to Stripe and Square which are up to 1% cheaper on their commissions anyway. I hope Paypal crash and burn. Bloody thieves.
Finally getting to the end of my Paypal nightmare. Currently they don't answer phones and message/emails has just been a mass of robo replies. When I did finally get a real answer it just ignored what I was actually asking and provide a rote reply. It's been a cluster#$%^ with an unbelievable amount of wasted time. Can't wait to extract the last of my money and press that cancel account button.
Richard, I've just cancelled the auto-recurring Gold subscription on Paypal along with others I have on there. However there's nowhere I can find to update that payment to Stripe on here. Sorry, I haven't seen an answer in this thread either. Will I get an email to update if/when it bounces this September? Cheers.