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.

Instalments with PayPal Credit Offer - 0% for 6 or 12 months  

If your order is £199 or more, 6 months 0% instalment option will be available to you. If your order is £199 or more, a selection of 6 and 12 months 0% instalment options will be available to you, enabling you to spread the cost of your purchase accordingly.

With instalment offers from PayPal Credit you get:
•    Regular monthly payments - you pay the same amount each month to help you plan better
•    A credit limit linked with your PayPal account that makes it easier to buy everything you need

Is PayPal Credit Available To Everyone?

No, PayPal Credit is only available to customers over 18, with good credit history, and living in the United Kingdom (excluding Channel Islands and the Isle of Man). Customers applying for PayPal Credit must be employed, must have an income greater than £7,500 per year, and must not have recently been declared bankrupt.


How do I apply?

Applying for PayPal Credit is easy. Just click on the PayPal box on our checkout page and then click on PayPal Credit button. Simply login to PayPal or create an account, following this you will then need to complete the 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.


Do I need to reapply if I already have PayPal Credit?

If you already have PayPal Credit, you can take advantage of these offers without having to reapply as long as you have enough available credit limit. Just select one of the available instalment offers and check out with PayPal Credit.


Do I need to have a PayPal account?

Yes, however if you don't have a PayPal account, you can create one as part of the PayPal Credit 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 PayPal's User Agreement.


I do not see PayPal Credit as a payment option?

For PayPal Credit to show as a payment option, you will need to ensure that the items in your shopping basket are eligible for PayPal Credit and that you have a minimum spend of £199 in your shopping basket.


What do I do if I am unsuccessful in applying for PayPal Credit?

If you have been declined for PayPal Credit, PayPal will send you more information about why your application was unsuccessful. Alternate methods of payment are available.


What happens if I want to return the item, I bought using my PayPal Credit?

Providing your purchase meets the returns criteria, just return as normal and the money will be refunded to your PayPal Credit account.


What is the cost of PayPal Credit outside of instalment offers?

The Representative Example below shows the typical costs of using a PayPal Credit limit, not including instalments or other offers.

Representative Example:
•    Purchase rate 23.9% p.a. (variable)
•    Representative 23.9% APR (variable)
•    Assumed Credit Limit £1,200


More Information

For more information on PayPal Credit’s terms and conditions and recently asked questions, visit PayPal Credit's FAQ page

Finance provided by PayPal Credit. Terms and conditions apply. Credit subject to status, UK residents only