Is Paypal Courtesy Credit A Scam?

Is Paypal Courtesy Credit A Scam?

  • Finance
  • December 9, 2022
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PayPal is a popular platform for sending and receiving money online. It’s easy to use and often used in tandem with other platforms such as Amazon Payments or Venmo. But PayPal also has another side: the company offers the ability to rent items from third parties, like your neighbor’s lawnmower or car, for short periods (and even longer if it’s not being used). And if your account is linked with a credit card, you can get an instant approval for small loans up to $1,000 (though you’ll have to pay them back). In this article, we’ll explore PayPal credit and whether it’s worth using as an alternative funding source—or even worse!

1.You have to pay for the courtesy credit.

To qualify for courtesy credit, you must pay a one-time fee of $2.99 or 3.99 per month. Your pay depends on how much money is in your PayPal account. For example, if your balance is $100 at the time of purchase and two months are remaining on the month-to-month subscription for $3.99, then the total would be $4.97 ($2.99+$3.99). This amount will be deducted from your PayPal account immediately after payment has been processed by PayPal and will not be recharged unless it expires before then (which is unlikely).

2.PayPal Credit is a separate product from courtesy credit.

You might have seen an offer for PayPal’s Courtesy Credit when you log in to your account. The offer promises a credit of up to $250 if you purchase within the next 30 days.

You can think of this as similar to a cash-back reward program, but with one key difference: For you to get your money back from this “courtesy credit,” all purchases must be made with PayPal—which means that it isn’t giving any money away at all. This makes sense because they’re not offering anything; they’re just taking on a risk that may or may not pay off down the road (depending on whether or not those purchases are made).

3.Enrolling in PayPal credit is only possible if you get an email.

Another thing to remember is that PayPal courtesy credit is a separate product from your main PayPal account. To sign up for it, you’ll need to click on a link inside an email. This doesn’t work out for you if you don’t want or can’t afford to sign up for the BTN card.

You might think this sounds fishy: why would PayPal make it so hard for people to take advantage of their courtesy credit? But if they handed out free money, wouldn’t everyone sign up and then forget about paying back their balance?

4.You must fill out an application and be approved for a credit limit with PayPal Credit.

If you’re approved, the amount of money you can borrow is limited to $500. You also have to pay it back within 6 months.

The application process for PayPal credit takes up to 48 hours. After that time, you won’t get any money from your courtesy credit until they approve your application—so if your emergency comes before then and leaves you needing cash, try applying as soon as possible!

5.The amount of money you can get with the courtesy credit is limited.

The amount of money you can get with courtesy credit is limited. You can get up to $500, which is not enough to cover your emergency. However, if it’s a smaller emergency like having to replace your phone screen or buying groceries for the week, then PayPal (Verified Paypal Account for Sale) may be able to help you out with the courtesy credit offer.

If your emergency requires more than $500, try other cash advance lenders. Such as LendUp or CashNetUSA instead of using PayPal courtesy credit. The amount of money you can get from those sites is usually between $100 – $1,000, and this should be enough for most people who have an emergency expense come up in life.

PayPal “courtesy credit” is a plan that could put you in debt.

The truth? PayPal (Verified Paypal Account for Sale) “courtesy credit” is a plan that could put you in debt.

To use the credit, you must pay interest on it. And if you need to wait before using it again, the interest will accrue on your account until you can use it again. In other words, if you have any amount of courtesy credit at all—even just $1—you’ll have to pay an additional amount of money out-of-pocket after using it before getting your hands on another $1 worth of courtesy credit again.


The bottom line is that we’re unsure if PayPal’s “courtesy credit” is a scam. It sounds like it should be, but if you need the money, trying this out can be worth the risk. If you use PayPal courtesy credit, please let us know about your experience!

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