no monthly fee, and you just enroll through paypal-usually theres a link to follow. I know if you just type in paypal the inquiry will bring up the site. you do need either a checking account, or a credit card to have a pay pal account. good luck with it.o monthly fee, and you just enroll through paypal-usually theres a link to follow. I know if you just type in paypal the inquiry will bring up the site. you do need either a checking account, or a credit card to have a pay pal account. good luck with it.