Get more time to pay with PayPal Credit.
With PayPal Credit, you have an instant credit limit to buy the things you love. It gives you an additional payment option in your PayPal wallet to choose whenever you check out with PayPal. It’s like a credit card, but without the plastic.
Spread the cost of day to day purchases.
Purchases under £99 will be charged at the standard variable rate. You choose how you want to pay your balance, but the minimum monthly payment applies. Like a credit card, if you pay the balance off in full on or before the payment due date, you won’t pay any interest.
Easy to use.
It’s quick and easy to apply for PayPal Credit – all you need to do is apply at checkout and complete a short application form. We’ll give you a decision instantly and, if approved and you accept, you’ll have a credit limit attached to your PayPal account to use instantly for eBay and thousands of other online stores.
0% interest for 4 months when you spend £99 or more.*
When you spend £99 or more in one go with PayPal Credit, you’ll get 0% interest for 4 months on that purchase. The great thing is, you can use this offer again and again – every time you spend £99 or more.
You can choose how to pay the balance – but you’ll still need to make the minimum payment each month. You’ll pay no interest if you pay the purchase off in full within 4 months.
PayPal Credit frequently asked questions.
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.
Any remaining balance due after the 4-month promotional period or any transactions under £99 will be charged at the standard variable rate, currently 19.9%. If you fail to make minimum repayments on time or in certain other circumstances, PayPal may remove your offer. Please see the Credit Agreement for more details.
- At checkout, choose to pay with PayPal
- Simply change the payment source to PayPal Credit
- Confirm and Pay
However, if you’re late with a payment, PayPal may charge you a late payment fee of £12. You may be charged a return payment fee of £12 if you have insufficient funds to cover the payment.
We also charge a fee of £5 if you request that we send you a printed copy of a previous statement. All statements are available to download or view online within the PayPal Credit section of your PayPal account.
For more information on how these fees apply, please refer to the Outline of Credit, the Standard European Consumer Credit Information document or the Credit Agreement.
The Representative Annual Percentage Rate for a PayPal Credit account is 19.9% APR (variable) per annum.
The standard variable rate is the interest rate that applies to purchases not subject to a promotional offer and is currently 19.9% p.a. Sometimes we’ll run promotional offers with a lower rate of interest (such as 0% interest per annum for 4 months). Your standard variable rate will not apply to transactions charged at a lower interest rate during the promotional offer period. See your Credit Agreement for more details.