What is PayPal Credit?

PayPal Credit is an open end (revolving) credit card account that provides a reusable credit line built into your account with PayPal giving you the flexibility to pay for your purchases right away or pay over time. It’s easy to apply, easy to use and there whenever you need it. PayPal Credit is subject to credit approval and is offered by Synchrony Bank.

About PayPal Credit?

PayPal Credit is a reusable credit line available on purchases at millions of stores that accept PayPal. Plus, it comes with the same security and flexibility you trust from PayPal.

If approved, we start you off with a minimum credit line of at least $250. See FAQs for more info.

For New Accounts: Variable Purchase APR is 23.99%. The APR is accurate as of 3/1/2022 and will vary with the market based on the Prime Rate (as defined in your credit card agreement). Minimum interest charge is $2.00. See Terms and Conditions Tab for more info.

If you miss a payment your late fee could be up to $41, even less if it’s your first time. See FAQs for more info.

Apply for PayPal Credit - How do I apply for PayPal Credit?

When you apply for PayPal Credit, you’ll be asked to provide your date of birth, your income after taxes, the last 4 digits of your Social Security number, and agree to the Terms and Conditions. You’ll know within seconds if you are approved. And here’s the cool thing: your PayPal Credit account will be linked to your account with PayPal and you’ll see it as a payment option every time you check out with PayPal.

What if I do not currently have an account with PayPal?

You will need an account with PayPal to apply for PayPal Credit. Once you've signed up for PayPal, you can begin the application for PayPal Credit. Signing up for PayPal is free.

Sign up for PayPal and apply for PayPal Credit.

What does ' Subject to Credit Approval' mean?

Synchrony Bank will review and consider your credit report and other information prior to opening your account and establishing your credit line. This process usually happens in a matter of seconds as part of the PayPal Credit application process.

How do I use PayPal Credit?

To use PayPal Credit, simply checkout using PayPal and select PayPal Credit as your payment method.Learn more about how to use PayPal Credit.

Where can I use PayPal credit?

You can use PayPal Credit at millions of stores online where PayPal is accepted.

Why should I use PayPal Credit for my PayPal purchases?

Enjoy No Interest if paid in full in 6 months on purchases of $99.00 or more when you check out with PayPal and pay with PayPal Credit. Interest will be charged to your account from the purchase date if the balance is not paid in full within 6 months. Minimum monthly payments are required.See terms, Learn more about the benefits of PayPal Credit.

Can I use PayPal Credit for purchases less than $99.00?

Yes, PayPal Credit is a reusable credit line and can be used for purchases less than $99.00.

If you pay your balance in full each month by the payment due date that is on your statement, you can avoid paying interest.

We’ll send you email reminders when your payments are due. You can also keep track of your account and view your statements online at any time.

You can also make minimum monthly payments, or any additional amount of your choosing until you’ve paid off your balance according to your standard account terms. Please note, that interest charges may apply.

Purchases of $99+ - Interest will be charged to your account from the purchase date if the balance is not paid in full within 6 months.

A minimum monthly payment is required and may or may not pay off the promotional purchase by the end of the 6 month period.

No interest will be charged on the purchase if you pay it off in full within 6 months. If you do not, interest will be charged on the purchase from the purchase date at the Purchase APR applicable to your account.

For New Accounts: Variable Purchase APR is 23.99%. The APR is accurate as of 3/1/2022 and will vary with the market based on the Prime Rate (as defined in your credit card agreement). The minimum interest charge is $2.00.

Individual items that are less than $99 qualify for special financing when combined for a total of $99 or more in a single transaction.

Multiple separate transactions of less than $99 per transaction cannot be combined to meet the minimum purchase amount.

Current PayPal Terms & Conditions

Can I use PayPal Credit to send money?

Yes! When you use the PayPal to send money, select PayPal Credit as the payment method. You may need to change the payment method if PayPal Credit isn’t already set as your preferred payment method. When you use PayPal Credit to send money in US dollars (USD), you’ll be charged the same fee that’s charged when you use a debit or credit card to send money with PayPal. Learn more about our fees.

How do I link my PayPal Credit account to my account with PayPal?

Linking your account is easy. You can link your PayPal Credit account to an existing account with PayPal if you have one. Don't have an account with PayPal? Signing up for PayPal is free.

How do I pay my PayPal Credit bill?

At any time, you can choose to make a one-time payment or schedule automatic payments towards your balance due. You can pay from either your PayPal Balance Account, or your linked bank account conveniently on PayPal.com.

You can also mail your payments to:
PayPal Credit
P.O. Box 960006
Orlando, FL 32896-0006

Or, you can call our customer service department at 1-844-373-4961 to make a payment.

Note: When mailing a payment, please make sure you include your PayPal Credit account number or payment stub.

Learn more about making a payment.

Is there a fee for late payments?

Yes, you will be charged a late fee for each month the minimum payment is not paid by the payment due date. An explanation of the Late Payment Fee is provided in the current version of the PayPal Credit Terms and Conditions.

The Late Fee is equal to:

• $30.00, if you have paid your minimum payment due by the due date in each of the prior six billing cycles; OR
• $41.00, if you have failed to pay your minimum payment due by the due date in any one or more of the prior six billing cycles.

However, the Late Fee will never be more than the minimum payment that was due.

See the current PayPal Credit Terms and Conditions

Does PayPal Credit protect me from liability for unauthorized charges?

You will not be liable for unauthorized use on your account, but you will be responsible for all use by anyone you allow to use your account. If your account is used without your consent, call us immediately at 1-844-373-4961

What is Payment Security?

Payment Security is an optional purchase that can cover your minimum monthly payments or entire PayPal Credit balance up to $10,000 after certain qualifying life events. You may cancel at any time. Whether or not you purchase Payment Security will not affect your credit terms of any existing credit card agreement you have with us. See Payment Security Program Agreement for more details.