Top PayPal FAQs

• What is PayPal pay in 3?

  PayPal pay in 3 is an interest-free loan that lets you split your basket into 3 payments, with the first due at time of purchase and subsequent payments due every month on the same date. It's a great way to spread the cost of larger items or to cover emergencies, and is a helpful tool to manage your budget more effectively. Pay in 3 is an unregulated credit agreement, so you will have fewer protections under this agreement than you would under a regulated credit agreement. Carefully consider whether the purchase is affordable and how you will make the repayments. Be aware of the possible impact of using Pay in 3 and of missing payments, including making other borrowing more difficult or more expensive.
• How long will my PayPal pay in 3 plan last?

  Your plan will last 2 months in total. The first payment will be due at the time of purchase, followed by 2 further payments due each month after that.
• Can I have multiple PayPal Pay in 3 plans at the same time?

  Yes, you can. As long as you see the option for PayPal Pay in 3 at checkout, you can choose a new PayPal Pay in 3 plan. You'll see all of your PayPal Pay in 3 plans in one place in your PayPal account under PayPal Pay in 3, including plans you completed in the past 12 months.
• Can I apply for a refund if I've used PayPal Pay in 3?

  As soon as Argos has confirmed with PayPal that your cancellation/return has been accepted, PayPal will cancel any future scheduled payments as well as refund any amounts due.
• What is PayPal Credit?

  PayPal Credit is like a credit card, without the plastic. It's a credit limit that's attached to your PayPal account which you can use for your online purchases.

  If your application is successful, PayPal Credit will be available as a funding source within your PayPal wallet and can be used for purchases on argos.co.uk. You can make purchases in the same way as you would with a normal credit card, by choosing PayPal Credit as your funding source at checkout.

• How do I apply for PayPal Credit?

  Applying for PayPal Credit is easy. Simply complete the short application form at checkout and if approved and once you accept the Credit Agreement, you'll have a credit limit linked to your PayPal account almost straight away.

  Before applying, ensure you:

  • Are a UK resident aged 18 years or older
  • Have a good credit history
  • Have not recently been declared bankrupt
  • Are employed and have an income greater than £7,500 per year
• How long does it take to apply for/receive PayPal Credit?

  The application form takes minutes to complete. PayPal will then run a credit check and if approved, you'll have a credit limit linked to your PayPal account once you've accepted your credit agreement. This approval process will only take a few seconds and then you're ready to go. There can be a time lag between approval and when you can view your PayPal Credit account online but this should update within a few days.
• What happens if I return an item, I paid for using PayPal Credit?

  You can return the goods to receive the refund, if eligible, direct to your PayPal Credit account. The refund will be displayed in the amount you paid in GBP.