What is PayPal Credit?

PayPal Credit is a line of credit from Comenity Capital Bank that gives you the flexibility to pay for your purchase now, or pay over time. It's easy to apply and easy to use.

Do I need to do anything to change my Bill Me Later account to a PayPal Credit account? Not a thing. Your existing Bill Me Later account will automatically transition to a PayPal Credit account. However, to get even more out of your PayPal Credit account, link it to your PayPal account (or sign up for a PayPal account if you don’t have one) and you can manage both of these in one convenient location at PayPal.com.

How can I get PayPal Credit?

Simply log in to PayPal.com and apply for a PayPal Credit account—it takes just a few seconds. Just enter your birth date and the last 4 digits of your Social Security number and accept the terms. Approval takes only seconds. Don’t have a PayPal account? No problem—you can apply for PayPal Credit here. https://creditapply.paypal.com/apply?guid=9I4VCP0C&assetId=faqs

How does PayPal Credit work with PayPal?

The next time you check out with PayPal, select PayPal Credit as your payment method. A window will appear on your screen asking for your birth date and the last 4 digits of your Social Security number. Once you accept the terms, approval takes just seconds; PayPal Credit will then be added to your PayPal account automatically. Have an existing PayPal Credit account? It'll be added to your PayPal account as soon as you complete your purchase.

I just used PayPal Credit. Now what?

Shortly after your first purchase, you'll receive a welcome email. (If you didn't receive this email, please update your spam filters to accept PayPal Credit messages.) Then, about 10 to 14 days after your purchase ships from a retailer or your travel is ticketed, you'll receive an email notification that your billing statement is available online.

If I pay late, will I be charged a fee?

Yes, we'll charge a late fee for each month that the minimum payment isn't paid by the payment due date. The first time you're late, the amount of the late fee will be the same amount as the missed payment, up to $25. If you're late again, the late fee will be up to $35.

How are my payments applied?

Your minimum monthly payments are generally applied in the order below, depending on the financing options you selected for your online purchases, as applicable. Monthly plan payments on Easy Payment purchases. Deferred Interest Purchases where the promotional period will end in the next 2 billing cycles. Deferred Interest Purchases include balances for purchases made using our "No Payments + No Interest if Paid in Full" or "No Interest if Paid in Full" options. 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. Interest, then fees, then existing standard purchases and cash advance balances in order from lowest to highest Annual Percentage Rate (APR). Deferred Interest Purchases expiring more than 2 billing cycles from the date we receive your payment, in order of their expiration date. If you pay more than your minimum monthly payment, the excess amount beyond your minimum monthly payment (also known as "prepayment") will be generally applied in the following manner, as applicable:
Deferred Interest Purchases where the promotional period will end in the next 2 billing cycles. Interest, then fees, then existing standard purchases and cash advance balances in order from highest to lowest APR. Deferred Interest Purchases expiring more than 2 billing cycles from the date we receive your payment, in order of their expiration date. Monthly plan payments on Easy Payment purchases. Activity that has occurred on your account since your last statement date.

Restrictions
Not applicable for hotel + flight.

I’m having trouble making my payment—can you help?

If you need assistance, please call Customer Service at 866-528-3733 7 AM to 1 AM ET, Monday-Friday and 9 AM to 11 PM ET, Saturday-Sunday.