Sunday, May 26, 2013
About PayPal Credit Cards
Function
A PayPal credit card is a MasterCard issued through GE Money Bank and works just like a regular credit card. It has an APR, PIN and can be used wherever MasterCard is accepted. Balances from other credit cards can be transferred to the PayPal card by calling 1-866-300-6432.
Time Frame
The application process takes just a few minutes to complete online and the application is accepted or denied within 30 seconds. If the applicant is approved, they can begin shopping with a temporary card immediately. 7 to 10 business days later, a permanent card will be sent to the applicant.
Benefits
A PayPal MasterCard has no annual fees. Purchases with the card earns points that can be used to buy future purchases. Another benefit is that there is zero liability to the cardholder when the card is used for unauthorized purchases.
rewards and MasterCard Platinum benefits.
PayPal credit users are also be given special offers and discounts that are available only to card users.
Warning
The PayPal MasterCard is not available to applicants outside the United States. It is also not available for PayPal users that already have a line of credit through PayPal, such as PayPal Buyer's Credit. You also must be a PayPal member to be eligible for a credit card.
Considerations
PayPal MasterCard card activity can be viewed by accessing your regular PayPal account, making it easier to keep track of purchases. This information can be accessed by clicking on the 'See Credit Activity' link on your account page.
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