Bill Me Later, a PayPaltm service, is trusted by millions of customers and accepted at thousands of stores.
THE BENEFITS OF BILL ME LATER |
|
ADDITIONAL INFORMATION |
Gain flexibility and control.
Pay now or later – the choice is yours. |
|
Easily manage purchases.
View purchases on your monthly statement - or online, at any time. |
|
Checkout is faster.
No credit card required. |
|
It's safer - and more secure.
Eligible purchases are backed by PayPal purchase protection. (See eligibility) |
|
• |
You'll start with an available Credit Line of at least $250. Not too much, not too little - just what you need. See FAQ below
|
• |
The Annual Percentage Rate (APR) is 19.99% and the Minimum Interest charge is $2.00. See terms
|
• |
If you happen to pay late, you could receive a late fee of up to $35. See FAQ below |
|
Click here to view the Bill Me Later Terms and Conditions.
Bill Me Later
® is subject to credit approval as determined by the lender, WebBank, Salt Lake City, Utah and is available to US customers who are of legal age in their state of residence.
Promotional offers may not be available for purchases made on a mobile device.
How do I start using Bill Me Later?
Simply select Bill Me Later as your payment choice during checkout. You'll give your birth date and the last 4 digits of your Social Security number, accept the terms, and you're done. Approval takes only seconds. And here's the cool thing: once you've started using Bill Me Later, you'll also see it as a payment option when you log in to PayPal during checkout.
Back to top
How do I pay for my Bill Me Later purchases?
To make a payment toward your Bill Me Later balance, simply log in to your Bill Me Later account at
www.BillMeLater.com and you can choose to pay in full or over time (interest charges apply). Plus, if you use Bill Me Later through PayPal, you can also view your purchases and pay your bill on
PayPal.com. Even though your purchases appear in both places, you will only be charged once.
Back to top
Are Bill Me Later and PayPal the same company?
Bill Me Later was acquired by PayPal in November 2008. Both Bill Me Later and PayPal are committed to providing customers with the fastest, most convenient buying experience online.
Back to top
How does Bill Me Later work with PayPal?
The next time you check out with PayPal, simply select Bill Me Later as your funding source. A window will appear on your screen asking for your birth date and the last 4 digits of your Social Security number. Approval takes only seconds. Once approved, Bill Me Later will automatically be added to your PayPal account.
Back to top
How does the "No Payments + No Interest if paid in full in 6 months" offer work?
Make no payments for 6 months. You will receive monthly statements and can make payments at any time. As long as you pay in full by the promotion expiration date, you will not be billed Interest. If you do not pay in full, Interest will be billed from the date of purchase.
Back to top
Is there an annual fee to use Bill Me Later?
No. There is no annual fee for using Bill Me Later.
Back to top
What is the Annual Percentage Rate?
The Annual Percentage Rate is 19.99%. The Minimum Finance Charge is $2.00. Of course, you can choose to pay your entire balance by the payment due date and avoid interest charges.
Back to top
If I pay late, will there be a fee?
If a minimum payment is not received by your payment due date (found on your statement), you will be charged a late fee in the amount of the missed payment, up to $25 the first time you are late. Subsequent late payments will be charged a late fee up to $35.
Back to top
Does Bill Me Later protect me from liability for unauthorized charges?
Yes, Bill Me Later provides "zero fraud liability" protection; the same protection provided by most major credit cards. This means you are not responsible for unauthorized charges. And your identity is validated with top-of-mind information such as birth date and the last 4 digits of your Social Security number. This means there is no account number that can be lost or stolen.
Back to top
Do I have a credit line and how much is it?
Yes you do. Here's how it works: after you've been approved, WebBank will open a Bill Me Later account with a credit line equal to the amount of your purchase or $250, whichever is greater.
You can continue using Bill Me Later to make purchases. If those purchases cause your outstanding balance to exceed your credit line, then you will be evaluated for a credit line increase. This evaluation happens seamlessly during the checkout process. You don't need to do a thing. Best of all, your checkout won't be slowed down.
Here's an example of how this works:
- If your first purchase using Bill Me Later is $150, your initial credit line will be $250.
- If you make another purchase for $300 before your bill is paid, Bill Me Later will determine during checkout if your credit line can be adjusted to $450.
- If you then pay $350 toward your first bill, you will have $350 remaining on your credit line. If you want to make another purchase using Bill Me Later for more than $350, Bill Me Later will determine during checkout if your credit line can be adjusted again.
You can always continue to make additional purchases up to your outstanding credit line, and we will consider increasing your credit line when your purchase goes above it.
Back to top
What does "Subject to Credit Approval" mean?
Bill Me Later is a line of credit provided by WebBank, an FDIC insured Utah chartered industrial bank located in Salt Lake City, Utah. WebBank will review and consider your credit report and other credit-related information prior to opening your account and establishing your credit line. Creditworthiness is determined by WebBank and only takes a matter of seconds as part of the checkout process.
Back to top
Do you review my credit report every time I make a purchase?
No, a credit report is reviewed when you apply for a Bill Me Later account and occasionally when you ask for an increase in your line of credit. Periodically, updates of your report are obtained but these updates have no impact on your credit score. Your account is reviewed quarterly. If for any reason your credit line is reduced, you will be notified of the reason in writing.
Back to top
How do I increase my credit line with Bill Me Later?
When you attempt to make a purchase for an amount above your credit line, it will be treated as a request for a credit line increase. Your eligibility for a credit increase is determined by your credit history and customer history with Bill Me Later. This request happens seamlessly during the checkout process. You literally don't do anything on your end, and best of all, it won't slow down your checkout.
Back to top
Where else can I use Bill Me Later?
Bill Me Later is available at thousands of online stores.
Back to top