How Can I Close a PayPal Plus Credit Account?

1. Check your PayPal Credit account online. Access the main PayPal website (see 'Resources' section for link). Logon to your account. Click on your PayPal Credit account. If your account has an outstanding balance, you cannot close the account yet. (You can, however, close the credit line.)
2. Contact PayPal either via email or through their customer service number. Request a payoff on your credit account. This will come with a total amount due, an expiration date and a per diem (a dollar amount required daily in addition to the total amount due).
3. Payoff the PayPal credit account. This can be done online, with a check or through an e-bill payment system at your bank. Confirm the payment went through by logging on a few days later.
4. Contact PayPal again. You may want to call to close the account. Speak to an account servicing representative. Explain that you wish to close your account and cancel the credit line. Ask for a paid-in-full letter that shows a zero balance and no credit access.
5. Retain this letter in your financial records.