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PayPal: PayPal Credit reviews

Name: PayPal Credit
Rating: 4.92 (30761 reviews)

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4.92

Based on 30,761 reviews, last reviewed 18th Feb 2025

100% decrease in 5 star reviews

in the past 90 days

300% increase in 1 star reviews

in the past 90 days

93%

Latest highest rating:

5

Better commissions honestly I made an account with them! At least they're charging less than regulars thieves banks.. I've sent some money I owed to a friend that's currently in ... Read more Reviewed on: 8th October 2024

Latest lowest rating:

1

2 Weeks for Payment to Reflect in Available Credit I escalated to customer service manager, and he said "it's in the terms and agreement," while mentioning the 48-72 is for it to reflect in balance, bu... Read more Reviewed on: 18th February 2025

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About this product

PayPal Credit is a virtual credit card.

PayPal Credit can be added to your PayPal wallet and is accepted at thousands of online stores. Your purchases are protected by PayPal’s 24/7 security and encryption. You also get Buyer Protection on eligible purchases.

PayPal Credit reviews help you find out what it’s really like to be a customer. If you’ve used PayPal Credit before, you can also leave a review and share your experience.

PayPal PayPal Credit reviews (30761)

Review of the PayPal, PayPal Credit:

Flexible alternative form of credit

There are a few flexible options for both interest free and Apr payments meaning that items can often be paid for without paying extortionate interest on a credit card. The option to buy cryptocurrency was very good but is no longer available in UK. Reviewed on: 24th May 2024

Friendly to use service with many different options

Friendly to use service with many different options Reviewed on: 17th June 2024

I use PayPal wherever possible.

I use PayPal wherever possible. I like the way they protect my purchases and step in when things don't go so well. I've been a customer since they started out and the ease of use is impressive. Reviewed on: 17th June 2024

N/A very easy to use and love the app

N/A very easy to use and love the app Reviewed on: 17th June 2024

Excellent credit option

Excellent credit option to buy, easy to use. Reviewed on: 17th June 2024

The only credit facility I will use for its ease of...

The only credit facility I will use for its ease of access and its payment plans. Reviewed on: 17th June 2024

An honest review

As a long-term user of PayPal Credit, I've had a nuanced experience that showcases both its strengths and weaknesses. Here’s my detailed review: Pros: 1. Convenience: - PayPal Credit integrates seamlessly with the PayPal platform, making it incredibly convenient for online shopping. It's widely accepted on numerous e-commerce sites, which adds to its versatility. 2. Interest-Free Offers: - One of the standout features is the frequent interest-free financing options. For purchases over a certain amount, PayPal often provides a 6-month window to pay off the balance without incurring interest. This is particularly useful for budgeting larger purchases. 3. Security: - PayPal Credit benefits from the same robust security features as the PayPal platform. Transactions are secure, and there’s added buyer protection which can be a lifesaver in case of disputes. 4. Ease of Use: - The user interface is intuitive. Managing payments, viewing statements, and keeping track of promotional balances is straightforward. The integration with PayPal’s main site means you don’t have to juggle multiple accounts or websites. Cons: 1. High Interest Rates: - Once the promotional period ends, the interest rates are quite high compared to other credit options. This can make carrying a balance expensive, so it’s crucial to pay off promotional balances before they accrue interest. 2. Customer Service: - While PayPal Credit’s customer service is decent, it isn’t always the most responsive. There have been instances where resolving issues took longer than expected, which can be frustrating. 3. Credit Limit Increases: - Obtaining a credit limit increase isn’t always straightforward. The criteria for increases can be opaque, and some users report difficulty even with strong credit scores and payment histories. 4. Impact on Credit Score: - As with any credit product, misuse or missed payments can negatively impact your credit score. It’s essential to use PayPal Credit responsibly, keeping track of due dates and managing balances effectively. Summary: PayPal Credit is a solid option for those who shop online frequently and can take advantage of the promotional interest-free periods. Its integration with the PayPal platform adds a layer of convenience and security that’s hard to beat. However, the high interest rates post-promotion and occasional customer service issues are notable drawbacks. For users who can manage their finances well and avoid carrying a balance, PayPal Credit is a valuable tool in their financial arsenal. For others, particularly those who might struggle to pay off balances quickly, it might be better to explore other credit options with lower interest rates. Reviewed on: 17th June 2024

Very easy to use and a very helpful customer service...

Very easy to use and a very helpful customer service Reviewed on: 17th June 2024

Never no problem with paying and refunds

Never no problem with paying and refunds Reviewed on: 17th June 2024

I find PayPal so easy to use and feel secure when pu...

I find PayPal so easy to use and feel secure when purchasing items online, also their repayment schemes are great, which usually means I pay off my credit without any interest whatsoever. Reviewed on: 17th June 2024

Fast and easy

Fast and easy,Im very happy with this payment method Reviewed on: 17th June 2024

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