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Paypal credit

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Comments

  • Doctor_Duke
    Doctor_Duke Posts: 303 Forumite
    It's really useful, four months interest free on one transaction not just an item over £150. Ideal for a basket of goodies at John Lewis, as long as the items add up to £150 it gets the offer.
  • bengal-stripe
    bengal-stripe Posts: 3,357 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    How many times a year would you buy something over £150 like a washing machine online?......just seems to me Paypal missed a trick in not offering a full (all purchases) 'free for X days' revolving credit account.

    It is a revolving credit account (like any other CC). You get an invoice once a month and payment is due same three weeks later. If you pay in full, you'll have had up to 50-52 days of interest free credit.

    If you spend £150 or more in a single transaction (not a single item, a shopping basket with many low-value items will qualify) you have four months interest-free as long as you pay the monthly minimum.
  • Marcio45
    Marcio45 Posts: 240 Forumite
    Ninth Anniversary 100 Posts
    Found paypal credit handy for booking flights. Currently ryanair and monarch accept paypal and if over £150 you get 4 months free. If you see that flight for summer but dont have enough money at the moment, paypal it!!!
  • It is a revolving credit account (like any other CC). You get an invoice once a month and payment is due same three weeks later. If you pay in full, you'll have had up to 50-52 days of interest free credit.

    If you spend £150 or more in a single transaction (not a single item, a shopping basket with many low-value items will qualify) you have four months interest-free as long as you pay the monthly minimum.

    Ahhhhh - I stand corrected! I think I took it *very* literally to mean 4 months free or nowt! :o

    Does do what I initially thought then! :)
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