Finance Options
Enjoy greater flexibility at checkout with PayPal Pay in 3 and PayPal Credit. Spread the cost of your purchase with secure and reliable payment options.
Buy now. Pay over time. With
Paying for tech with finance via PayPal Credit will help you spread the cost, making your large purchases easier to manage! Pay monthly instalments over 6 or 12 months for purchases over £99 and 18 or 24 months for purchases over £199.
How do I apply for PayPal Credit?
Applying for PayPal Credit is easy. Simply complete our short application form here and, if approved and once you accept the Credit Agreement, you'll have a credit limit linked to your PayPal account almost straight away.
Choose Paypal at checkout and select Paypal Credit.
Complete the application via PayPal and get an instant decision.
Choose your payment terms.
To check that you are eligible to apply for a PayPal Credit limit please ensure that you: Are a UK resident aged 18 years or older. Have a good credit history and have not been declared bankrupt. Have an income greater than £7,500 per year. For more information on PayPal Credit, please visit PayPal's FAQ page here.
Pay in 3 interest-free payments
Available for purchases of £30 to £2000. No sign-up fees or late fees.
Example of a £90 purchase
How do I apply for PayPal Pay In 3?
Choose PayPal at checkout to pay later with Pay in 3.
Apply for Pay in 3 and get a decision instantly
Make 1st payment (Remaining payments are taken automatically)
PayPal Pay in 3: PayPal Pay in 3 is not regulated by the Financial Conduct Authority. Pay in 3 eligibility is subject to status and approval. UK residents only. Pay in 3 is a form of credit, may not be suitable for everyone and use may affect your credit score. See product terms for more details.
For more information on PayPal Pay in 3, please visit PayPal's FAQ page.
Representative Example
Representative
23.90% APR (variable)
Purchase Interest Rate
23.90% p.a (variable)
Assumed Credit Limit
£1,200.00
Your actual interest rate and credit limit may vary depending on your circumstances. Subject to status. T&Cs apply. UK residents only.
Start Shopping
Pay in 3 FAQs
PayPal Pay in 3 is an interest-free loan that lets you split your purchase into three interest-free payments. The first payment is due at checkout, and the next two are due monthly on the same date. It's a handy way to spread the cost of bigger purchases or cover emergencies. Just remember, it's a form of credit, so make sure you can manage the repayments to avoid any negative impact on your finances.
There are no fees for using PayPal Pay in 3.
PayPal Pay in 3 is available to an increasing number of UK customers. It's not available for certain merchants and goods. PayPal may not offer it in some cases, such as potential fraud risks or if data suggests you may not be eligible. Checks are done with an external credit reference agency, visible only to you and won't affect your credit score. If you choose PayPal Pay in 3 at checkout, you'll go through an application process and get an instant decision, though not everyone will be approved based on the checks.
Your plan will last 2 months in total. The first payment will be due at the time of purchase, followed by 2 further payments due each month after that.
To apply for PayPal Pay in 3, you’ll need to provide your:
- Title
- Phone number
- Address
- Date of birth
- Payment details
Our decision-making process is automated. We assess your financial position using a combination of the information you provided within your application, and information about your usage and history with PayPal to decide whether PayPal Pay in 3 is suitable for you at this time. We may also run a “soft” credit check with an external credit reference agency when you apply if we need more information to make our decision. This search will only be visible to you and will not affect your credit score.
For more information about PayPal Pay in 3, visit the PayPal FAQ page.
PayPal Credit FAQs
PayPal Credit is a regulated credit product that works similarly to a credit card. It provides you with a credit limit that can be used to make purchases online at the standard variable rate or to take advantage of promotional financing offers.
If your application is approved, PayPal Credit will appear as a funding option within your PayPal Wallet. You can then select it at checkout when shopping online at most retailers that accept PayPal, just like you would with a traditional credit card.
Payments will reflect on your PayPal Credit account the same day you make them, however, will show as pending. It can take up to 5 Business days for the funds to leave your bank account and be applied to your PayPal Credit account.
The application form takes minutes to complete. We'll 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 contact PayPal Customer Services to change your business account to a personal account to apply for PayPal Credit. Alternatively, you can create a new personal account to apply.
The first stage of the PayPal Credit application process will ask you to sign into your PayPal account or offer you the opportunity to sign up for one. Once you’ve signed up for a PayPal account, you can begin the application for PayPal Credit. 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 our User Agreement.
To determine the size of your credit line we use the information you provide in the application form along with internal PayPal data and an external credit check.
For more information about PayPal Credit, visit the PayPal FAQ Page.