Paypal Buyer Credit Card

Note: This is a virtual credit card. You will not receive an actual credit card!

 What is PayPal Buyer Credit?
PayPal Buyer Credit is a personal credit account exclusively for PayPal members. It lets you make low monthly payments on PayPal purchases, so you can shop now and pay later. PayPal Buyer Credit is an additional way to fund your purchases through your PayPal account.

What are the benefits of having PayPal Buyer Credit?
PayPal Buyer Credit is a secure, convenient, and flexible way to fund your purchases made with PayPal, allowing you to shop now and pay later:

• Makes any PayPal purchase more affordable with low monthly payments
• Offers convenient, money-saving opportunities with promotional financing
• Increases your purchasing power by adding another funding option
• Covers your purchases with full buyer protection from PayPal
• Lets you shop with ease anywhere PayPal is accepted
• Saves money with no annual fees
• Increases your total PayPal sending limit

How do I apply for PayPal Buyer Credit?
Applying for PayPal Buyer Credit is fast, easy, and secure; you can get your credit decision in as soon as 30 seconds!

How high of a credit account can I receive?
Your credit account is determined by your credit history. Once you are approved for credit, you will be told the amount of your credit account. Get your credit decision in as soon as 30 seconds!

Where can I use PayPal Buyer Credit?
You can use PayPal Buyer Credit to fund purchases on eBay listings that accept PayPal and anywhere else PayPal payments are accepted.

Does PayPal Buyer Credit have a rewards program?
At this time, PayPal Buyer Credit does not have a rewards program.

I applied for the PayPal Plus Credit Card but was approved for PayPal Buyer Credit – why?
Your account type is determined by a number of credit factors at the time you apply. PayPal Buyer Credit provides you the same level of protection as PayPal Plus, and you’re also eligible to receive special promotional financing offers, with no annual fee.

Is PayPal Buyer Credit available outside the U.S.?
At this time, only buyers residing in the U.S. with a U.S. PayPal account can apply and be approved for PayPal Buyer Credit.

Do I make payments to the seller?
No. The seller gets paid in full by PayPal right away. You make payments to the financial entity behind PayPal Buyer Credit, GE Money Bank.

Why would I want to use PayPal Buyer Credit instead of another credit card?
PayPal Buyer Credit is an additional credit account that buyers can use to fund their PayPal account. In addition, you may be able to take advantage of promotional financing offers. When you purchase an item with promotional financing, you can take advantage of deferred-interest or fixed-payment promotions.

What is promotional financing?
Promotional financing refers to financing programs that offer deferred interest (and in some cases, no payments for a number of months), or fixed payments. The promotional financing offers that may be available include:

• No interest if paid in 3 months and no payments for 3 months for total purchases over $199.00 USD
• No interest if paid in 6 months for total purchases over $199.00 USD. Monthly payments required 
• No interest if paid in 12 months for total purchases over $199.00 USD. Monthly payments required
• 12 fixed monthly payments at 12.9% APR for total purchases over $999.00 USD
• 24 fixed monthly payments at 12.9% APR for total purchases over $1,999.00 USD 

Promotional financing may be offered by qualified sellers. If you purchase more than one item from a seller, at least one of which qualifies for a promotional financing offer, your total purchase will receive the same promotional financing offer.

Who is the financial entity behind PayPal Buyer credit?
Financing is provided by GE Money Bank, one of the leading providers of consumer credit. (Caution read my story and complaints about GE Money Bank)

Where can I find more information about PayPal Buyer Credit?
You can learn more about PayPal Buyer Credit on eBay by visiting http://www.ebay.com/paypalbuyercredit.