How will my PayPal Credit payments be applied?

When you submit a payment to PayPal Credit it will be applied as follows:

Minimum Payments:

  1. Monthly plan payments on Easy Payments purchases.
  2. Deferred Interest Purchases where the promotional period will end in the next two billing cycles. If you have multiple promotions expiring in the same billing cycle, we'll apply your payment to the oldest promotion first, based on the purchase date.
  3. Interest then fees.
  4. Balances with a lower than standard Annual Percentage Rate (APR) (e.g. "90 Day Grace" and "Balance Prior To") in order of low to high APR, or in case of multiples with the same APR, in order of low to high balance.
  5. Existing standard purchases and cash advance balances in order from lowest to highest APR.

Excess Payments:
  1. Deferred Interest Purchases where the promotional period will end in the next two billing cycles
  2. Standard purchases in order from highest to lowest APR
  3. Monthly plan payments on Easy Payments purchases in order from highest to lowest APR
  4. Deferred Interest Purchases expiring more than two billing cycles from the date we receive your payment, in order of their expiration date
  5. Standard purchases that have occurred on your account since your last statement date
  6. Deferred Interest Purchases made during the current billing cycle in expiring order, then oldest to newest
  7. Promotions with a 0% APR until the balance is paid in full in expiring order
  8. Amounts in dispute
 
  • If multiple promotional purchases posted on the same day and have the same expiration date, payments are applied to purchases in the order that they appear on the statement (valid for statements printed on or after June 20, 2013).
  • Balances from recently expired Deferred Interest promotions are itemized on the statement as separate standard balances for up to 1-2 billing cycles. Payments will follow normal payment hierarchy and expired Deferred Interest promotions are treated as part of the standard balance even when itemized separately on the statement.