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.

When you apply, PayPal Credit completes an initial credit check that does not impact your credit score if declined. An approved PayPal Credit application will result in a hard credit inquiry, which may impact your credit score. If approved, your PayPal Credit account is added to your PayPal Wallet, so you can make purchases and enjoy special financing without having to apply again.

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.

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.

PayPal Credit is linked to your account with PayPal, so you can use it every time you shop with PayPal. At checkout, simply select PayPal Credit as your payment method, and complete your purchase.

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

PayPal Credit gives you the power to buy what you need, when you need it, and pay over time.

Yes, PayPal Credit is a reusable credit line and can be used for purchases less than $149.

Yes! When you use 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.

To manage your account, log in to PayPal and click PayPal Credit. You can also manage your account using the PayPal app on your smart phone or tablet.

We periodically review your PayPal Credit account, and providing your annual income after taxes will help determine if you are eligible for future credit line increases. If we don't have this information, we may not be able to increase your credit line.

You can request a credit line increase by calling the customer service number on your monthly statement. Approval of a transaction that makes you go over your credit limit is not treated as an increase to your credit limit. However, Synchrony Bank, the issuer of the PayPal Credit account, may, from time to time, increase your credit line, including after approval of such a transaction. Keeping your account profile and income information up to date may help you qualify for future credit line increases.

New PayPal Credit accounts are automatically linked to your PayPal account. If your account is not already linked, 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.

Linking your accounts means you’ll be able to use PayPal Credit at millions of online stores where PayPal is accepted. You can also easily manage both accounts—pay your bill, view recent activity, set payment reminders, and much more at PayPal.com.

If your account with PayPal is blocked or closed, you will not be able to go through the online linking process. Please call PayPal Customer Service at 1-888-221-1161.

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

PO Box 71707

Philadelphia, PA 19176-1707

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.

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, if you have paid your minimum payment due by the due date in each of the prior six billing cycles; OR
• $41, 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.

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.

We will charge a “return check fee” or “non-sufficient funds fee", for any returned payment, such as if any check, other instrument, or electronic payment authorization you provide us in payment on your account is not honored, returned unpaid or cannot be processed for any reason. This fee is equal to:

1. $30, if you have not had a returned payment fee in each of the prior six billing cycles. OR

2. $41, if you have had a returned payment fee in any one or more of the prior six billing cycles.

The returned payment fee will not be more than the amount permitted by applicable law. We may represent any returned payment. A returned payment fee may be charged even if your payment is honored on a subsequent representment.

PayPal Credit also has a Paper Statement Fee. We will charge a $1.99 monthly Paper Statement Fee to your account in any billing cycle in which your balance is greater than $2.50 and you are sent a monthly billing statement in paper form, even if you also are provided it in electronic form.

You can avoid the fee if you elect to receive and are sent your statements in electronic form only for each billing cycle. To change your statement preference, go to the "Activity" tab, and choose "Statements". Click “Stop Paper Statements” to stop receiving paper statements.

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.

There are seven events covered by the optional Payment Security program:

• Unemployment
• Hospitalization
• Leave of Absence
• Disability
• Nursing Home Care
• Terminal Illness
• Loss of Life

You’re covered for most events right away, as long as they occur after your sign-up date. For a job loss or leave of absence, coverage starts 30 days after you sign up.

Payment Security costs $1.66 per $100 of your last statement balance. For example, if you had a $300 balance, you’d pay $4.98 for that month. The fee will automatically be billed to your PayPal Credit account statement.

Your purchase of this Program is optional. You may cancel at any time. If you cancel within 90 days of your enrollment Effective Date, you will receive a refund of any program fees you may have been charged.

To cancel, log in to your account with PayPal, and access the Payment Security site the same way you enrolled or call 1-866-323-3462.