How Do I Decrease My PayPal Credit Limit?

How do I change my PayPal credit limit?

It is recommended you wait at least three months after you are approved for the card before you request a credit limit increase.

To make a request, visit the Service Site and request a credit limit increase.

If you are eligible, you will receive an immediate increase.

How can I decrease my credit card limit?

Here are some steps you can take if your credit limit has dropped.

  • Call your credit card company and ask for an explanation. Call your credit card issuer’s customer service department and ask why your credit limit was decreased.
  • Check your credit scores and credit reports.
  • Use your card responsibly for small purchases.

Can I go over my PayPal credit limit?

If you request to pay with PayPal Credit, but the transaction amount would cause your balance to go over your provided credit limit, the system immediately looks to see if they can approve you for a credit limit increase so you can make the purchase.

What happens if I exceed my PayPal credit limit?

If you request to pay with PayPal Credit, but the transaction amount would cause your balance to go over your provided credit limit, the system immediately looks to see if they can approve you for a credit limit increase so you can make the purchase.

Is PayPal credit a credit card?

PayPal Credit is an open end (revolving) credit card account that provides a reusable credit line built into your account with PayPal giving you the flexibility to pay for your purchases right away or pay over time. PayPal Credit is subject to credit approval and is offered by Synchrony Bank.