PayPal Buy Now, Pay Later
Buy now, pay later with PayPal Credit
PayPal Credit is like a credit card without the plastic. And with 0% interest for 4 months on all purchases of £150 or more, it’s the perfect way to spread the cost of larger online purchases.*
0% interest for 4 months is available on single transactions of £150 or more. It applies automatically to any purchase made using PayPal Credit in excess of this value, except those to which another Promotional Purchase Offer (such as an instalment offer) applies. You can use this offer as many times as you like as long as you have an available credit limit.
Any remaining balance due after the 4-month promotional period or any transactions under £150 will be charged at 17.9% p.a (variable). If you fail to make minimum repayments on time or in certain other circumstances, PayPal may remove your offer. Please see the Credit Agreement for more details.
How to Apply
Applying for PayPal Credit is easy. Simply complete the short application form on PayPal and, if approved and once you accept the Credit Agreement, you’ll have a credit limit linked to your PayPal account almost straight away.
What if I don’t have a PayPal account?
The first stage of the PayPal Credit application process will ask you to sign into your PayPal account or offer you the opportunity to sign up for one. Once you’ve signed up for a PayPal account, you can begin the application for PayPal Credit.
How long does it take to apply for/receive PayPal Credit?
The application form takes minutes to complete. We’ll 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.
How do instalment offers with PayPal Credit work?
With selected merchants, when you check out with PayPal Credit, we’ll show you a selection of instalment offers, enabling you to spread the cost of your purchase across a number of payments.
Subject to application, merchant and status, these instalment offers allow you to choose a set number of monthly payments of differing amounts and at varying interest rates. 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.