What is PayPal Credit?
Shop with PayPal Credit’s digital, reusable credit line to get No Interest if paid in full in 6 months on purchases of $149 or more. Plus, no impact to your credit score if declined.
What credit offers are available?
If approved, purchases of $149+ qualify for the No Interest if paid in full in 6 months offer. If you pay the balance on a deferred interest purchase in full within 6 months, PayPal will not charge any interest for that purchase.
If you do not pay the full balance within 6 months or if you make a purchase that does not qualify for promotional financing, you will be charged accrued interest at the New Account variable Purchase APR that applies to your account from the date of purchase. Minimum monthly payments are required. For the current APR, see Terms and Conditions. Existing cardholders: Check your statement for applicable rates.
How do I apply?
Applying for PayPal Credit is easy. Just click on the PayPal Credit button on our checkout page.
The application form takes minutes to complete. PayPal will then run a credit check and, if approved, you’ll have a credit limit linked to your PayPal account as soon as you accept your Credit Agreement.
You can use the credit limit granted to pay for today's purchase and future purchases at thousands of online stores where PayPal is accepted, up to your credit limit.
Further Information
Does MPB offer its own finance option?
Currently, the only finance option available is through PayPal.
Do I need to reapply if I already have PayPal Credit?
If you already have PayPal Credit, you do not need to reapply; just select PayPal Credit as your payment option at checkout.
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.
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. You can still use PayPal to complete your purchase.
What happens if I want to return the item I bought using my PayPal Credit?
Just return your purchase as normal, and the money will be refunded to your PayPal Credit account.
For more information, please visit the PayPal Credit FAQ page.