ChimneyPots
PayPal Credit Example of a £500 purchase
Instalments
6 Months (over £99)
- Minimum Spend: £99
- Monthly Instalment: £86.87
- Instalment Rate: 14.9% APR
- Cost of Purchase: £500.00
- Total inc. Interest: £520.57
12 Months (over £99)
- Minimum Spend: £99
- Monthly Instalment: £44.89
- Instalment Rate: 14.9% APR
- Cost of Purchase: £500.00
- Total inc. Interest: £538.64
24 Months (over £199)
- Minimum Spend: £199
- Monthly Instalment: £24.00
- Instalment Rate: 14.9% APR
- Cost of Purchase: £500.00
- Total inc. Interest: £575.98
36 Months (over £499)
- Minimum Spend: £499
- Monthly Instalment: £17.09
- Instalment Rate: 14.9% APR
- Cost of Purchase: £500.00
- Total inc. Interest: £614.93
0% for 4 Months
4 Months (over £99)
- Minimum Spend: Over £99
- Monthly Instalment: min monthly payment
- Instalment Rate: 0% APR
- Cost of Purchase: £500.00
- Total inc. Interest: £500.00
Representative Example
Purchase rate: 23.9% p.a. (variable)Representative: 23.9% APR (variable)
Assumed Credit Limit: £1,200
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