6 Months No Interest, No Payments for Orders Over $100!
Paypal has extended an offer to all of our customers – 6 Months No Interest, No Payments – but we make 1 important recommendation....
Pay your balance off before 6 months – else you will get a pretty high interest rate charge at the beginning of the 7th month. We want to be up-front about this offer. We've copied PayPal's terms and conditions of credit below.
With all credit, it is wise to use the creditor's promotional offer to your advantage. Pay your PayPal credit balance off within 6 months – and this offer won't cost you 1 dime in interest.
Paypal credit location #1: In your Isolator Shopping Cart.
Paypal credit location #2: In the "Payment Methods" section of Checkout
PayPal Credit Basics
What is PayPal Credit?
PayPal Credit is a line of credit from Comenity Capital Bank that gives you the flexibility to pay for your purchase now, or pay over time. It's easy to apply and easy to use.
How is PayPal Credit different from Bill Me Later?
PayPal Credit is simply the new name for Bill Me Later. You will still enjoy all of the benefits of Bill Me Later, including great savings with special financing offers and the ability to buy now and pay over time.
Do I need to do anything to change my Bill Me Later account to a PayPal Credit account?
Not a thing. Your existing Bill Me Later account will automatically transition to a PayPal Credit account. However, to get even more out of your PayPal Credit account, link it to your PayPal account (or sign up for a PayPal account if you don’t have one) and you can manage both of these in one convenient location at PayPal.com.
How can I get PayPal Credit?
Simply log in to PayPal.com and apply for a PayPal Credit account—it takes just a few seconds. Just enter your birth date and the last 4 digits of your Social Security number and accept the terms. Approval takes only seconds. Don’t have a PayPal account? No problem—you can apply for PayPal Credit here.
How does PayPal Credit work with PayPal?
The next time you check out with PayPal, select PayPal Credit as your payment method. A window will appear on your screen asking for your birth date and the last 4 digits of your Social Security number. Once you accept the terms, approval takes just seconds; PayPal Credit will then be added to your PayPal account automatically. Have an existing PayPal Credit account? It'll be added to your PayPal account as soon as you complete your purchase.
It's a smart idea to link your PayPal and PayPal Credit accounts—you'll be able to speed through checkout, manage your accounts in one place at PayPal.com, and even pay your PayPal Credit bill with your PayPal balance. You can also keep track of all your purchases. Link now.
I just used PayPal Credit. Now what?
Shortly after your first purchase, you'll receive a welcome email. (If you didn't receive this email, please update your spam filters to accept PayPal Credit messages.) Then, about 10 to 14 days after your purchase ships from a retailer or your travel is ticketed, you'll receive an email notification that your billing statement is available online.
If you haven't already linked your PayPal account with your PayPal Credit account, take a moment to link them now to get the most from PayPal Credit. Here's why:
You’ll be able to use PayPal Credit at most places PayPal is accepted.
You’ll get 6 months to pay for purchases of $99 or more through PayPal Credit.
You can also score deals such as free shipping, valuable discounts, and promotional offers.
You can manage both accounts at PayPal.com – pay your bill, see recent activity, set payment reminders, and much more.
If you have linked your accounts, you can log in to PayPal.com at any time to see your purchases and keep track of when your payments are due. Otherwise, you can check your account here.
Do I get promotional financing on all of my PayPal Credit purchases?
Offers will vary depending on where you shop and how much you spend. Thousands of merchants that accept PayPal Credit offer extended payment options. To view a list of current offers, click here.
With these additional offers, you can still take longer than the usual monthly billing cycle to pay for purchases that aren’t eligible for special financing. If you choose to do so, interest will apply.
To help you understand how much time you have to pay, you can view your statement to see promotional financing purchases and payment information. Just log in to your account and click Statements. You can also view this information on your monthly billing statement. For more information about promotional financing offers or your specific promotional purchases, Contact Us.
Bottom line: You're in control with promotional financing from PayPal Credit. Even when your purchases qualify for promotional financing, you can choose to pay your balance in full by the promotion expiration date to avoid interest, or you can take more time (with interest)..
Is there an annual fee to use PayPal Credit?
There is no annual fee for using PayPal Credit.
What is my Annual Percentage Rate (APR)? - ISOLATOR CUSTOMERS - PLEASE NOTE THIS!
The Annual Percentage Rate is 19.99%, although some special offers have a lower promotional APR. The Minimum Interest Charge is $2.00.
Of course, you can choose to pay your entire balance by the payment due date to avoid interest charges. Learn more about the interest rate.
If I pay late, will I be charged a fee?
Yes, we'll charge a late fee for each month that the minimum payment isn't paid by the payment due date. The first time you're late, the amount of the late fee will be the same amount as the missed payment, up to $25. If you're late again, the late fee will be up to $35.
What is my credit line and how can I increase it?
Once you've been approved for an account, Comenity Capital Bank will open a PayPal Credit account with a credit line equal to the amount of your purchase or $250, whichever is greater.
You can continue to use PayPal Credit for purchases. If those purchases cause your outstanding balance to exceed your credit line, we'll evaluate you for a credit line increase. We determine your eligibility for a credit increase by your credit history and customer history with PayPal Credit, along with our Terms and Conditions.
This will happen automatically during checkout, so you don't even need to ask. Best of all, it doesn't slow down your checkout! You won't need to do a thing except enjoy the extra time to pay for your purchases.
What does “subject to credit approval” mean?
PayPal Credit is a credit account that you can use to make purchases. Comenity Capital Bank will review and consider your credit report and other credit-related information before opening your account and establishing your credit line.
Creditworthiness is determined by Comenity Capital Bank. This process happens in a matter of seconds as part of the PayPal Credit checkout process. Once you're a PayPal Credit customer, you can use your credit line to make purchases. If you make a purchase that would cause your outstanding balance to go above your credit line, we'll look at your credit history and history with PayPal Credit to determine instantly whether to increase your credit line.
Do you review my credit report every time I make a purchase?
No. We review your credit report when you apply for PayPal Credit and occasionally when you attempt to increase your credit line. We'll receive periodic updates of your report, but these updates have no impact on your credit score. If we decrease your credit line for any reason, we'll notify you in writing and tell you why.