How our 0% offer works:

Spend £99.00 or more in one go with PayPal Credit.

Automatically get 0% interest for 4 months on that purchase.*

You get the same offer every time you spend £99.00 or more.

Spread the cost of day to day purchases.

Purchases under £99.00 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.

Representative Example:


21.9% APR

Purchase Interest Rate:

21.9% p.a.

Assumed Credit Limit:


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.

No card. No hassle. Just credit with plenty of benefits.

Instant access

If approved, you can start shopping straightaway with PayPal Credit.

Offer never expires

0% interest to pay for 4 months every single time you spend £99.00 or more in one go.

On your side

We know how busy you can be so we’ll send you payment reminders.

In safe hands

Your details are never shared and PayPal Buyer Protection covers your eligible purchases.

Easy management

Manage your PayPal account anywhere – on your mobile, tablet or PC.

Shop faster

Speed through checkout quicker and easier with just an email address and password.

PayPal Credit frequently asked questions.

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?

Applying for PayPal Credit on eBay is easy. Simply select PayPal Credit at checkout, complete our short application form 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 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.

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.

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.

Can I use PayPal Credit for eBay purchases?

There are some purchases which PayPal Credit can’t be used for. In these cases, it either won’t be shown as a payment method or the payment won’t be authorised. Examples of this include using PayPal Credit to pay for purchases in a foreign currency or purchases of restricted product types. It may also be that some action is needed on your PayPal Credit account, for example if you have missed payments.

How does the 0% for 4 months offer work?

0% interest for 4 months is available on single transactions of £99.00 or more. It applies automatically to any purchase made using PayPal Credit in excess of this value, except those to which another Promotional Purchase Offer (such as an instalment offer) applies. You can use this offer as many times as you like as long as you have an available credit limit.

Any remaining balance due after the 4-month promotional period or any transactions under £99.00 will be charged at the standard variable rate, currently 21.9%. 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.

How do I select PayPal Credit as my way to pay?

  1. At checkout, choose to pay with PayPal
  2. Simply change the payment source to PayPal Credit
  3. Confirm and Pay

How do I manage my PayPal Credit account and make payments?

You can keep track of your PayPal Credit activity and history by logging in to your PayPal account and selecting PayPal Credit. You can also make single payments from your bank account, debit card or PayPal balance or set up a direct debit. We’ll send you monthly statements and payment reminders via email.

Are there any fees?

There is no annual fee for a PayPal Credit account.

However, if you’re late with a payment, PayPal may charge you a late payment fee of £12.00. You may be charged a return payment fee of £12.00 if you have insufficient funds to cover the payment.

We also charge a fee of £5.00 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.

Does PayPal Buyer Protection apply to my PayPal Credit purchases?

Yes. If an eligible item that you’ve bought online doesn’t arrive or doesn’t match the seller’s description, PayPal Buyer Protection will reimburse you. Buyer Protection covers all your PayPal purchases including those paid with PayPal Credit.

What is a Representative APR and what is the Representative APR for PayPal?

A Representative APR (Annual Percentage Rate) is shown on products where you borrow money so that an easier and fairer comparison can be made. It’s the typical total cost of a credit product expressed as a percentage, spread over 12 months.

The Representative Annual Percentage Rate for a PayPal Credit account is 21.9% 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 21.9% 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.

What does subject to approval mean?

We are required to carry out creditworthiness and affordability checks to determine if PayPal Credit is right for you. As part of this process, we review information held on you by credit reference agencies and other relevant information prior to approving you for PayPal Credit.

Where else can I use PayPal Credit?

PayPal Credit is available to use at thousands of stores online where PayPal is accepted. Transactions in GBP Only.