topic Pay Pal Credit vs. Pay Pal MC in Credit Cards

Pay Pal Credit vs. Pay Pal MC

Irv02 — Mon, 22 Nov 2021 00:52:14 GMT

What's the difference between PP Credit and PP MC? I already have the PP MC and now I'm getting emails to apply for PP Credit.

Re: Pay Pal Credit vs. Pay Pal MC

AMJ50 — Mon, 22 Nov 2021 01:38:03 GMT

The PPC is if you need to make purhases and spread the payments out with zero interest. I used PPC allot when I first got the credit, but I always paid the balance in full. I didn't need to spread out the payments. It's a virtual credit, so you don't get an actual credit card or anything. It's with Synchrony Bank, so tread lightly.

Re: Pay Pal Credit vs. Pay Pal MC

xenon3030 — Mon, 22 Nov 2021 02:03:49 GMT

I guess, unlike real CC, PPC would not get reported to credit bureaus as a credit line. If it would be the case, it has some pros/cons (from my personal view, PP is a bit buggy platform sometimes and for the moment, I would not consume a HP to add PPC).

Re: Pay Pal Credit vs. Pay Pal MC

FinStar — Mon, 22 Nov 2021 03:22:28 GMT

@xenon3030 wrote:
I guess, unlike real CC, PPC would not get reported to credit bureaus as a credit line. If it would be the case, it has some pros/cons (from my personal view, PP is a bit buggy platform sometimes and for the moment, I would not consume a HP to add PPC).

@xenon3030, PayPal Credit reports to the CRAs.

When it was known as BillMeLater and eventually rebranded to PPC under Comenity, it did not report. Once SYNCB acquired it, it reported for all (i.e. revolving tradeline).

Re: Pay Pal Credit vs. Pay Pal MC

collics — Mon, 22 Nov 2021 22:41:15 GMT

Paypal Credit is essentially a line of credit (no card). Still reports like a credit card. Basically anywhere paypal is accepted online, I'll have the PP credit option at checkout.

No cash back like the mastercard, however offers 0% financing on purchases over 6 months or so.

Also has special promos VERY offten. I recently took advantage of this one as we use DD every other day.