PayPal Credit Reviews
formerly Bill Me Later
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About PayPal Credit
This profile has not been claimed by the company. See reviews below to learn more or submit your own review.
PayPal Credit offers secure access to credit for online shoppers. It acts as a line of credit for any online purchases that accept PayPal. It offers credit access with no annual fees and no-interest financing for purchases above $99 in your first six months. PayPal Credit obscures your personal information when you purchase online and provides benefits like reimbursed shipping costs.
- No annual fee
- No interest over $99 for six months
- Widely accepted online
- Limited rewards
- Unclear requirements
Featured Reviews
What is PayPal Credit?
PayPal Credit is a digital, reusable credit line that can be used to shop online. Known for offering customers the ability to “buy now, pay later,” PayPal helps customers budget in a straightforward way. Because it obscures all personal information when you shop, PayPal is widely considered to be more safe than using a traditional credit card.
How does PayPal Credit work?
With PayPal Credit, customers simply connect their bank account to their PayPal account for secure shopping. While shops must accept PayPal in order to get payment, it’s becoming more ubiquitous across the nation, with millions of stores already accepting it online.
PayPal also offers a few additional benefits when shopping online, like reimbursements for return shipping on certain purchases and purchase protection programs.
PayPal Credit card fee
PayPal Credit does not charge an annual fee for service. All purchases over $99 receive six months of no-interest financing. After six months, interest rates apply. For new accounts, the variable-purchase APR is 23.99% at the time of publishing. No interest will be charged if you buy and pay off your account within a month.
PayPal Credit FAQ
What credit score do you need for PayPal Credit?
PayPal does not indicate what credit score is required on its website.
Does PayPal Credit affect your credit score?
Yes. Because PayPal is considered a line of credit, your credit score will be impacted. Your credit will also be checked for approval.
How do I access my PayPal Credit account?
For management, you can access it via app or on the website. If you’re trying to pay for something using PayPal Credit, you will simply check out using PayPal (if applicable) and select PayPal Credit as your payment method.
Who qualifies for PayPal Credit?
PayPal doesn’t offer information about minimum requirements for approval.
Is PayPal Credit good?
PayPal Credit is a good option for people who have good credit and who shop online a lot. Because it doesn’t give you a credit card number, it won’t replace your credit card, but it provides additional benefits, like security and financing, for shopping online. Most will find that PayPal Credit is a good addition to their current financial situation, but it does require a credit check and will report to credit bureaus.
PayPal Credit Reviews
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- 4,858,738 reviews on ConsumerAffairs are verified.
- We require contact information to ensure our reviewers are real.
- We use intelligent software that helps us maintain the integrity of reviews.
- Our moderators read all reviews to verify quality and helpfulness.
Reviewed April 12, 2026
I wouldn't suggest getting this card to build credit. They gave me a 1500.00 limit. And was using and paying it down. Then one day I paid it down under a 1000. Then they lowered my limit to 990. And hit me with interest that went and made balance above 1010. So on credit report it looks like I went over the limit. Couple more months on I paid it down to 230. And they dropped the limit again to 230 and reported I was over limit.
Reviewed March 26, 2026
I was tricked by their credit card they sent me in the mail unrequested. It said "Enjoy the same benefits as the PayPal credit you’ve been using for 25 years." It has always been 6 months no interest. They started charging me interest on a $5200 charge I made. I called them and I was told the supervisor authorized a one time only no interest period and it would take 30/60 days to show up on bill. It hasn’t so I called again and now they say, "So sorry. It was declined. Nothing we can do. We don’t care that you’ve been a customer for 25 years." On top of that I found out it’s at 30% interest rate. Are they insane. I have an 820 credit score.
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Reviewed March 25, 2026
There are so many things in the fine print of the "terms and conditions" that using the credit card is like walking through a mine field. If you make one misstep one does not get the 6 month zero interest like they promise. First, I used the card in a retail store. BLAM. When talking to the agent they said, Oh you have to make the purchase on-line. On-line transactions count, in store do not. Ok I can abide by that. BUT I used the card on-line (a store that is only on-line so no chance it was a mistake of retail. BLAM just talked to an agent, OH you have to go through the whole pay-pal check out process to get the financing deal. Apparently PayPal Credit is totally different from actual PayPal.!? Since some web-sites use the quick check out I am now gun shy (mine shy) of using this thing. What will be the next BLAM?
Reviewed March 22, 2026
PayPal credit card would be a cool feature if it was 6 months interest free. Any way you check out and use your card - DO NOT use this card without checking out with special feature or else you will get killed on interest.
Reviewed March 20, 2026
I bought a phone on October 10th, 2025 using PayPal credit, which is funded by Synchrony Bank. I have been paying every month, yet they are still charging me late fees as I had set the payment date inadvertently a few days after the due date. The phone was bought for $351.17 and to date I have now paid this full amount.
Yet, I still have a large balance of because of late fees that have been added to my account. These late fees are charges of $30 on 11/15/25, $41 on 12/15/25, $41 on 1/15/26, $41 on 2/15/26, and $41 on 3/15/26. This is in addition to interest charges of $2 on 12/23/25, 1/23/26, and 2/20/26. I did not notice the mistake until now.
However, PayPal credit has been receiving my payments every month, and should have alerted me more clearly that the payment date I set was after the due date. This was an innocent mistake I made as I was simply adjusted the auto pay into manual payments to make sure the phone was paid off in time. I spoke to customer service and they refused to waive anymore than 2 of these 5 late fees, giving $82 back of the $200. They even told me I made my first payment before a balance had ever been posted - meaning that should have counted towards the first payment due date, and every payment after would cover the next billing due date. Instead, I was slapped with late charges and interest fees I never should have had.
I am not willing to pay anymore on this account at this time, as I have paid the balance and full and within less than 6 months. The credit was given with the terms that no interest would be collected if paid in full within 6 months, and that is what I have done. I am looking for an adjustment on the remaining amount of money on my account. I believe the account should be paid in full based on my history of paying every month and that all late fees and interest charges should be waived.
Reviewed March 19, 2026
Do not use PayPal's credit system. Their bank Synchronicity charges usury fees. I paid over 100% in late fee and interest charges for a payment less than 30 days late. Outrageous. An honest mistake as I did not see any reminders of payment date. DO NOT USE OR BE AWARE PREDATORY PRACTICES BY PAYPAL CREDIT!!!!
Reviewed March 18, 2026
I bought a phone on October 10th, 2025 using PayPal Credit. I have been paying every month, yet they are still charging me late fees as I had set the payment date inadvertently a few days after the due date. The phone was bought for $351.17 and to date I have now paid this full amount. Yet, I still have a large balance of because of late fees that have been added to my account. These late fees are charges of $30 on 11/15/25, $41 on 12/15/25, $41 on 1/15/26, $41 on 2/15/26, and $41 on 3/15/26. This is in addition to interest charges of $2 on 12/23/25, 1/23/26, and 2/20/26.
I did not notice the mistake until now. However, PayPal credit has been receiving my payments every month, and should have alerted me more clearly that the payment date I set was after the due date. This was an innocent mistake I made as I was simply adjusted the auto pay into manual payments to make sure the phone was paid off in time. I spoke to customer service and they refused to waive anymore than 2 of these 5 late fees, giving $82 back of the $200. I am not willing to pay anymore on this account at this time. I am looking for an adjustment on the remaining amount of money on my account. I believe the account should be paid in full based on my history of paying every month and that all late fees and interest charges should be waived.
Reviewed March 6, 2026
I disputed a $2,014.19 PayPal Credit charge for merchandise that was never received. The dispute was later denied, but I was never notified of the decision. The only letters I received stated that the dispute was under review and then referenced a promotional balance. I only learned the dispute had been denied after calling customer service. Because of the lack of communication, the balance has now been moved into promotional financing with a short payment deadline while my CFPB complaint is still pending. As a customer, I feel this process lacked transparency and did not provide a fair opportunity to respond before the dispute was closed.
Reviewed March 6, 2026
January,2026, initially approved for PayPal Mastercard (PPM). Minimum payment due March 17,2026= $58. Went in PayPal app, March 3, 2026, and went thru steps for making a payment ($409.79-Statement Balance). Pop-Up Message advising must "Sign In" to app... Signed in-Proceeded thru steps "AGAIN" to make payment. Did NOT receive any type of flag to signal a payment is already PENDING, etc, with option to proceed. Therefore, I made a DUPLICATE PAYMENT. I just happened to start looking thru app, to become more familiar with the PPM and the app, in general.
That's when I realize there are two payments pending, $409.79 each. Immediately contacted Customer Service, at the phone number listed on my PPM. Was advised that "CANCELLING" the accidental duplicate payment was NOT an option; but once BOTH payments posted, I could call back and request a refund!😡 RIDICULOUS!!! PPM received two payments, made erroneously, and immediately requested a cancellation of duplicate payment; but proceeded to withdraw those funds from my bank account!!
I was advised by PPM to allow AT LEAST 15 days for refund of erroneous duplicate payment of $409.79 to be refunded to me, via a check. Several CSR's, including one Supervisor, I spoke with from Synchrony, advised me they MUST follow instructions given to them by PayPal--they are NOT authorized to "Cancel" any payments or "return any consumer's monies to them"!! I believe this is very "shady" and unfair business practices by PPM!! Is this business practice/procedure even LEGAL???? I will no longer use this PPM!! Have cut it up and will let it remain inactive until PayPal cancels for "inactivity"; so my EXCELLENT CREDIT SCORE will NOT be affected. SHAME ON PAYPAL!!!!😡
Reviewed March 3, 2026
Had issues with my bank where the payment was returned and they closed my account without any explanation or notice. I opened this account in 2013. -l-
PayPal Credit Company Information
- Company Name:
- PayPal Credit (formerly Bill Me Later)
- Website:
- www.billmelater.com