PayPal

PayPal Credit is like a credit card, without the plastic. It’s a credit limit that’s attached to your PayPal account which you can use for your online purchases.

If you have PayPal Credit it will be available as a funding source within your PayPal wallet and can be used for purchases in most places where PayPal is accepted.

You can make purchases in the same way as you would with a normal credit card, by choosing PayPal Credit as your funding source at checkout.

No, PayPal Credit is only available to customers over 18 living in the United Kingdom (excluding Channel Islands and the Isle of Man). PayPal also have to assess a customer’s creditworthiness, so you should have a good credit history to apply.

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. Before you apply, please make sure you:

• Are a UK resident aged 18 years or older
• Have a good credit history
• Have not recently been declared bankrupt
• Are employed and have an income greater than £10,000 per year

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, Click here to apply. 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.

The application form takes minutes to complete. PayPal run a soft credit check and if approved, you’ll have a credit limit linked to your PayPal account once you’ve accepted your credit agreement. This approval process will only take a few seconds and then you’re ready to go.

To determine the size of your credit line PayPal use the information you provide in the application form along with internal PayPal data and an external credit check.

You can visit PayPal.com and view more FAQ’s on the link below.

PayPal Credit | Frequently Asked Questions | PayPal UK

PayPal Pay in 3 is an interest‑free loan that allows customers to split their purchase into three payments.

The first payment is taken at the time of purchase, with the remaining payments collected automatically on the same date each month. It can be a useful way for customers to spread the cost of larger items or manage unexpected expenses more easily.

PayPal Pay in 3 is an unregulated credit agreement, meaning it offers fewer protections than regulated credit products. Customers should carefully consider whether the purchase is affordable and ensure they can meet all repayment dates. Missing payments may affect their ability to borrow in future or increase the cost of other credit.

Wheelbase offers PayPal Pay in 3 to a growing number of customers in the UK. However, availability depends on a range of factors determined by PayPal.

PayPal Pay in 3 is not available for certain merchants or specific types of goods. In some circumstances, PayPal may choose not to offer Pay in 3 as a payment option—such as when their checks indicate an increased risk of fraud or when the information they hold suggests the customer may not be eligible.

To assess eligibility, PayPal carries out checks using an external credit reference agency. This search is visible only to the customer and does not affect their credit score.

If a customer selects PayPal Pay in 3 at checkout, they will be guided through a quick application process within PayPal. A decision is provided instantly, but approval is not guaranteed and depends on the results of PayPal’s checks.

When a customer applies for PayPal Pay in 3, PayPal may carry out a soft credit check if additional information is needed to make a lending decision. A soft check is only visible to the customer and has no impact on their credit score.

More information is available in Pay in 3 Terms & Conditions.

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

PayPal’s decision‑making process is fully automated. Each application is assessed using a combination of the information the customer provides and the data PayPal already holds about their account history and usage. This helps determine whether PayPal Pay in 3 is suitable for the customer at that time.

If additional information is required to make a decision, PayPal may also perform a soft credit check with an external credit reference agency. This type of search is visible only to the customer and does not affect your credit score

There are no fees for choosing to pay with PayPal Pay in 3.

Visit the PayPal help pages to find the answers you’re looking for

Pay in 3 FAQ

For full product terms, check the PayPal T&C’s page