|Special Offer: Get $5 back, plus No Payments or Interest if paid in full within 6 months.|
|Complete your purchase before midnight ET on April 30, 2012 to receive this limited-time offer. This offer is non-transferable.|
|You'll receive $5 back as a statement credit for your first Bill Me Later® purchase through PayPaltm.
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|How does Bill Me Later work with PayPal?
When you pay with PayPal on eBay or at any of your favorite stores, do the following:
|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. You must pay with Bill Me Later to get the offer. Offer not valid on previous purchases, returns, or exchanges.
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|What is Bill Me Later?|
|Here's what you'll want to know:|
Bill Me Later FAQs:
How do I start using Bill Me Later?
Just select Bill Me Later as your payment choice when you check out. You'll give your Date of Birth and the last 4 digits of your Social Security number, accept the terms, and you're done. Approval takes only seconds. Once you've started using Bill Me Later, you'll see it as a payment option when you check out with PayPal.
What if I want to use Bill Me Later every time I check out with PayPal?
During checkout, go to the "More Funding Options" page and make Bill Me Later your preferred payment source for future PayPal transactions. Or, at any time, log in to your PayPal account, click on "Profile," select Bill Me Later, then click on "update preferences."
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.
I saw a Bill Me Later promotion at an online store. Why didn't I see it when I checked out with PayPal?
Many online stores offer exclusive Bill Me Later promotions such as free shipping, dollars off, and more time to pay. To take advantage of those deals, you need to select Bill Me Later directly from the online store. If you choose the Bill Me Later option when checking out with PayPal, you may see a different promotion that is exclusive to PayPal customers.
How do I pay my Bill Me Later bill?
You will receive monthly statements and can choose to pay in full or over time (interest charges apply). For your convenience, you can pay your bill on BillMeLater.com.
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.
Is there an annual fee to use Bill Me Later?
No. There is no annual fee for using Bill Me Later.
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 pay no finance charges.
If I pay late, will there be a fee?
Bill Me Later will charge a late fee for each month a minimum payment is not paid in full by the payment due date on your statement. The amount of the late fee will be the amount of the missed payment, up to $25, the first time you are late. If you're late again, the late fee will be up to $35.
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 Date of Birth and the last four digits of your Social Security number. This means there is no account number that can be lost or stolen.
Do I have a credit line and how much is it?
Yes. Once you open a Bill Me Later account you will have a credit line, which we call your "buying power."
Once you have completed your first purchase using Bill Me Later, we at WebBank open a Bill Me Later account with buying power equal to the amount of your purchase or $250, whichever is greater. You can now use Bill Me Later to make additional purchases. If those purchases would cause your outstanding balance to go above your buying power, then we will evaluate if you are eligible for more buying power and increase your buying power if you are. This happens seamlessly during the checkout process. You don't need to do anything and it won't slow down your checkout.
On an ongoing basis, your buying power will be either the highest total of balances you have had outstanding on your account at any time or a lower amount of which you have received notice, but will not be less than $250. Here's an example of how this works:
What does "Subject to Credit Approval" mean?
Bill Me Later is a credit account that you can use to make purchases. WebBank will review and consider your credit report and other credit related information prior to opening your account and establishing your buying power. Creditworthiness is determined by WebBank. This process happens in a matter of seconds as part of the Bill Me Later checkout process. Once you are a Bill Me Later customer, you can rely on your buying power to make purchases. If you make a purchase that would cause your outstanding balance to go above your buying power, we will review your credit history and history with Bill Me Later to instantly determine whether to increase your buying power.
Do you check my credit report every time I make a purchase?
No, we pull a credit report on your first purchase and occasionally when you ask us to increase your buying power. We do periodically get updates to this report but these updates have no impact on your credit score. We review your account quarterly. If for any reason we reduce your buying power, we will notify you in writing of the reason.
How do I increase my Buying Power with Bill Me Later?
You increase your buying power by attempting a purchase that is above your buying power. We will treat that as a request to increase your buying power. We will take into account your credit history and history with Bill Me Later to instantly increase your buying power if you are eligible. This happens seamlessly during the checkout process. You don't need to do anything and it won't slow down your checkout.
Where else can I use Bill Me Later?
Bill Me Later is available at thousands of online stores that accept PayPal. It is also available on eBay and exclusively on thousands of other online stores that accept Bill Me Later.
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