How does PayPal Credit work?
If you have found the tools you need to get the job done, but want to spread the cost then PayPal Credit is the perfect solution. Enjoy 0% interest for 4 months on any order of £99 (inc vat) or more.The 0% is not just an introductory offer, you'll automatically benefit from 4 months 0% finance every time you spend £99 (inc vat) or more and choose PayPal Credit.
Frequently Asked Questions
How do I apply?
Applying for PayPal Credit is easy. Simply complete our short application form here and if approved and once you accept the Credit Agreement, you’ll have a credit limit linked to your PayPal account almost straight away.
How long does it take to apply for/receive PayPal Credit?
The application form takes minutes to complete. We'll then run a credit check and if approved, you’ll have a credit limit linked to your PayPal account as soon as you accept your credit agreement.
How much will my credit line be?
To determine the size of your credit line we use the information you provide in the application form along with internal PayPal data and an external credit check.
I have a business account. How can I sign up for PayPal Credit?
You can contact PayPal Customer Services to change your business account to a personal account to apply for PayPal Credit. Alternatively, you can create a new personal account to apply.
What if I don’t have a PayPal account?
The first stage of the PayPal Credit application process will ask you to sign into your PayPal account or offer you the opportunity to sign up for one. Once you’ve signed up for a PayPal account, you can begin the application for PayPal Credit.
Signing up for a PayPal account is free and easy; all you need to do is provide your email address, create a password and accept our User Agreement.
Representative: 19.9% APR (variable); Purchase interest rate: 19.9% p.a. (variable); Assumed Credit limit: £1,200
Minimum payment due still applies to 0% offer balances. Any remaining balance due after the 4-month promotional period or any baskets under £99 will be charged interest at 19.9% p.a. (variable). In order to maintain the 0% offer, you need to keep up monthly repayments and stay within your credit limit. Credit subject to status. Terms and conditions apply. UK residents only. PayPal Credit is trading name of PayPal (Europe) S.à r.l. et Cie, S.C.A. Société en Commandite par Actions Registered Office: 22-24 Boulevard Royal L-2449, Luxembourg RCS Luxembourg B 118 349.