PayPal Credit Finance

  • What is Paypal Credit?

    What is PayPal Credit?

    PayPal Credit is like a credit card, without the plastic. It’s a credit limit that’s attached to your PayPal account which you can use for your online purchases.

  • How do I Apply

    • At Checkout, choose - log in to your Paypal account.
    • Select 'PayPal Credit' as payment option.
    • Complet the short application form which only take a few minutes. PayPal will run a credit check and if approved, the credit limit is linked to your PayPal account as soon as you accept the Credit Agreement.

  • How much interest will I pay?

    Every time you spend between £99 and £299 with PayPal Credit, you will automatically get 0% interest for 4 months on that purchase.*


    Plus, if you want to spread the cost of your purchases over longer than 4 months, you will be charged at the standard variable rate of interest (currently 21.9% PayPal for current interest rate) after the interest free period has ended.


    * The minimum payment due still applies to 0% offer balances. Any remaining balance due after the 4-month promotional period will be charged interest at 21.9% p.a. (variable). In order to maintain the 0% offer, you need to keep up monthly repayments and stay within your credit limit.

  • What do I do if my application is unsuccessful?

    If you have been declined for PayPal Credit, PayPal will send you more information about why your application was unsuccessful. You can still use PayPal to complete your purchase.

  • Who can apply?

    • You must be a UK Resident ages 18 years or older
    • You must have a good credit history
    • You must have not recently been declared bankrupt

    Go to Paypal account for further information.

* The minimum payment due still applies to 0% offer balances. Any remaining balance due after the 4-month promotional period or any transactions under £99.00 will be charged interest at 21.9% 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. Deemed authorised and regulated by the Financial Conduct Authority. The nature and extent of consumer protections may differ from those for firms based in the UK. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website.

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