Putting your PayPal purchases on a credit card is a good idea. Not only are you protected by PayPal, but your credit card company also backs you up in case of fraud. You can register multiple credit cards on your PayPal account and select a different one for different types of purchases.

Every time you shop, get 6 months special financing on purchases of $99+ from PayPal Credit. See terms. Start Shopping. No Interest if paid in full in 6 months on purchases of $99+. Interest will be charged to your account from the purchase date if the balance is not paid in full within 6 months. Minimum monthly payments required. PayPal alternatives like Venmo, Dwolla, and Google Wallet let you pay anyone with your phone. PayPal rules for paying online, but some are sick of the fees. Credit Cards What is PayPal Credit? Although PayPal will appear as the merchant on your credit card statement, it is merely an intermediary charged with passing your money on. PayPal does offer its own protection, but this is not PayPal Credit is not a credit card but a revolving line of credit offered by Synchrony Bank. Much like a traditional credit card, the company will charge late payments if necessary.

Your credit line is linked to your PayPal account. You can set it as your default payment method, just like you would a debit or credit card. Unlike PayPal's credit cards, PayPal Credit doesn't offer rewards. But it does offer some special payment deals, like longer interest-free terms.

PayPal credit absolutely reports to the credit bureaus. It's up to them where. It does not show on my Transunion BUT it's on my Experian showing loud and clear. It actually has helped boost my credit score so I'm thankful they do reporteven if it's just on one. I've had it for over 6 months, stayed with a $500 credit limit. This article is about using a debit card to fund purchases you make through PayPal. If you want to get a new debit card issued by PayPal (which might let you spend from your PayPal balance), you will need to learn about PayPal debit and credit card options.

PayPal Credit isn't a card, but rather a digital credit line that provides six months of deferred-interest financing on purchases of $99 or more anywhere PayPal is accepted for payment. You must make minimum payments each month (which vary depending on the purchase amount).

The PayPal Extras Mastercard is a PayPal-branded credit card that automatically enrolls members in its Rewards Program. It carries a variable APR of 21.49%, 25.49% or 28.49% (as of 12/18/2019) based on creditworthiness and is only available to U.S. residents.