Example of a £500 purchase

Monthly Payment

Instalment Rate

Cost of Purchase

Total inc. Interest

6 Months

£87.20

16.9%

£500

£523.17

12 Months

£45.30

16.9%

£500

£543.58

24 Months

£24.42

16.9%

£500

£585.92

Monthly Payment

6 Months

£87.20

12 Months

£45.30

24 Months

£24.42

Instalment Rate

6 Months

16.9%

12 Months

16.9%

24 Months

16.9%

Cost of Purchase

6 Months

£500

12 Months

£500

24 Months

£500

Total inc. Interest

6 Months

£523.17

12 Months

£543.58

24 Months

£585.92

Representative Example

Purchase rate: 19.9% p.a. (variable)

Representative: 19.9% APR (variable)

Assumed Credit Limit: £1,200

Why use PayPal Credit?

Easy regular payments

Pay the same amount each month to help you plan better.

16.9% Interest p.a.

PayPal Credit comes with a fixed rate for your term.

Apply at Checkout

Select PayPal Credit at checkout and follow a few simple steps.

What is PayPal Credit?

PayPal Credit is like a credit card, without the plastic. It’s a credit limit that sits alongside your PayPal account which you can use for your online purchases.

How do I apply?

Applying for PayPal Credit is easy. Just click on the PayPal Credit button on our checkout page. A selection of instalment offers will be displayed, enabling you to spread the cost of your purchase across a number of payments. 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.

Frequently asked questions

If your basket is eligible, a selection of instalment offers will be displayed enabling you to spread the cost of your purchase across a number of monthly payments. BT Shop instalment purchases qualify for 16.9% p.a. for the length of the selected instalment plan.

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
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 £149 within your basket.
Orders over £149, but below £199 will only reflect 6 or 12 month installment offers. Orders over £199 will also show 18 and 24 month installment offers.
Applicants for PayPal Credit must meet the following criteria before attempting an application.
Before you apply, please make sure you:
> Are a UK resident aged 18 years or older
> Have a good credit history
> Have not recently been declared bankrupt
> Be employed and have an income greater than £7,500 per year.
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 available instalment offers and check out with PayPal Credit.
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.
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.
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
Just return your purchase as normal and the money will be refunded to your PayPal Credit account.
If your complaint relates to PayPal credit please click the link below:
For more Frequently Asked Questions, please visit PayPal Credit Help area.

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