PayPal Credit

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.

What credit offers are available?

0% for 4 months Offer

A 0% interest offer you can use again and again: PayPal Credit's 0% interest offer is better than just an introductory offer. Every time you spend £99 or more, you will automatically get 0% interest for 4 months on that purchase.*

Plus, you can spread the cost of purchases under £99 at the standard variable rate of interest, currently 19.9% p.a.

* The minimum payment due still applies to 0% offer balances. Any remaining balance due after the 4-month promotional period or any transactions under £99 will be charged interest at 19.9% p.a. (variable). In order to maintain the 0% offer, you need to keep up monthly repayments and stay within your credit limit.

Instalments with PayPal Credit Offer

If your basket is eligible, a selection of 0% instalment offers will be displayed enabling you to spread the cost of your purchase across a number of monthly payments.

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

How do I apply?

Applying for PayPal Credit is easy. For PayPal 0% for 4 months Offer, just click on the PayPal Credit button on our checkout page. Simply 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.

For PayPal Instalments, just click on Pay By Finance on our checkout page. A selection of instalment offers will be displayed, enabling you to calculate spreading the cost of your purchase across several payments. Click on the PayPal Credit button within the calculator.

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.

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 basket are eligible for PayPal Credit and that you have a minimum spend of £99 within your basket.

We do not offer PayPal Credit on our Pre-Owned collection. Interest Free Credit cannot be used in conjunction with any discount, promotional codes or cashback websites unless specified otherwise.

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 19.9% p.a. (variable)
  • Representative 19.9% APR (variable)
  • Assumed Credit Limit £1,200

For more information, visit PayPal Credit's FAQ page.


Finance provided be PayPal Credit, Terms and Conditions apply. Credit subject to status. UK residents only. Watches of Switzerland Company Limited acts as a broker and offers finance from a restricted range of finance providers. PayPal Credit is a trading name of PayPal (Europe) S.à r.l. et Cie, S.C.A., 22-24 Boulevard Royal L-2449, Luxembourg.

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