How To Cancel PayPal Credit? Easy Steps!

Cancel PayPal Credit

Paypal is considered a safe and fast way to make online payments in this modern digital era and many people opt the PayPal mode for their regular payments. PayPal now also provide credit card facility to their customers. Many people are already making payments with their credit cards and canceling them when they no longer want to use them.

PayPal Credit includes a revolving credit line in your PayPal Account. It gives you the option of paying for your purchases later. It can be used almost anywhere PayPal is online acceptable. You just need to use PayPal to complete your purchase and then choose PayPal Credit as your payment mode and apply it right away. The best part is that canceling your PayPal Credit is also very easy, here is what you need to do to cancel your PayPal Credit. 

In order to cancel your PayPal Credit Account, you need to call on their customer service number at (844) 373-4961 or the number written on the back side of your card. 

Do you know How To Cancel PayPal Credit Online? There are still so many doubts about canceling PayPal Credit online. Read the entire article up to the end to clear up your confusion.

Also, read How To Cancel Subscription?

How Do I Apply For PayPal Credit?

To open a PayPal Credit account, you must meet certain requirements, including being a US-based customer, being of legal age in your state of residence, and passing the PayPal credit check. 

After being eligible for PayPal Credit, you need to visit PayPal Website and click on the “Apply Now” blue button and log in to your PayPal Account after done with all the instructions, you will submit your application for credit and as soon as your application is approved by PayPal, they automatically open a PayPal Credit Account for you and linked it to your PayPal Account. 

Can You Cancel Your PayPal Credit At Any Time?

Yes, you can cancel your PayPal Credit at any time. Just make sure to clear any due balances on your account before canceling it. 

How To Cancel PayPal Credit?

How to cancel your PayPal Account online? Well!! After applying for PayPal Credit online from the PayPal website, many people think that you can also cancel your PayPal Credit online as well. But that’s not the case.

We must tell you that you can apply for PayPal Credit online but you can not cancel it online. The only way to cancel your PayPal Credit is by getting in contact with the PayPal customer support service team by calling them on their number and then following the instructions to cancel your PayPal Credit. 

Follow these simple steps to cancel your PayPal Credit:

Step 1: Check The Balance And Pay The Remainder

As we mentioned above, you need to pay all of your remaining dues before canceling your PayPal Credit Account. For this, check out the balance in your account by logging in to your PayPal Account and if any amount is pending, pay it by clicking on “Make a Payment”. After you are done with this step, you can proceed further with the second step. 

Step 2: Log On And Gather Account Info

Before contacting their customer support service team, you need to get ready with all your account information which you will need at the time of canceling your credit account. The information includes the following:

  • Your Credit Card Number
  • The Email Address On the File
  • The Billing Address On File
  • Your Username 
  • Answer To Your Security Questions 

If you are ready with this information in your hand, then jump to the third step. 

Step 3: Contact Customer Service

Contact the PayPal Customer Support Service team by calling on their number from Monday to Friday 8 am to 11 pm and Saturday-Sunday 9 am to 9 pm. Follow these steps:

  • Call (844) 373-4961 
  • Click “1” to continue with your call
  • Type your phone number linked to your PayPal Credit Account or enter your social security number
  • When you asked for help from an automated system, then say “More Options” and then “Close Account”
  • One of their team representatives will connect with you on the call

You will then need to talk with their member to close your account. After done with all the formalities, they will close your PayPal Credit Account. 

Step 4: Check For Confirmation Email

Within 48 hours of closing your account, you will receive an email confirming that your PayPal Credit Card has been canceled. 

How Do I Cancel A Scheduled PayPal Credit Payment?

To cancel your scheduled PayPal Credit payment, follow these steps:

  • Log in to your PayPal Account
  • Tap on “PayPal Credit”
  • Select “View Payments”
  • Click on “Cancel” next to the scheduled payment
  • Tap on “Cancel Payment”
  • You will receive a confirmation email for canceling your payment 

Also, read How To Cancel TuneIn Radio? Via PayPal, Website, And Phone!

How Do I Remove Payment Method From PayPal Credit?

Follow these steps to remove your card from your PayPal Account.

  • Tap on your Wallet
  • Select the card for removal
  • Select Remove Card

Steps to remove your card from PayPal App.

  • Go to Wallet
  • Select the card
  • Click on Remove

How To Close Your PayPal Account?

Follow these steps to close your PayPal Account from your mobile:

  • Open your PayPal App
  • Tap on your profile icon from the left side
  • Tap on “Close Account” by scrolling down the page

Follow these steps to close your PayPal Account from your desktop:

  • Open PayPal website
  • Tap on “Settings” and then “Log out”
  • Find “Account Options”
  • Select “Close your Account”
  • Enter your bank account
  • Tap on “Close Account”

How Long Does It Take For A PayPal Credit Refund?

It usually takes up to 5 working days to refund your money back to your PayPal Credit Account. Some refunds can take up to 30 days. 

Frequently Asked Questions

How To Freeze PayPal Credit?

If you don’t want to use your PayPal Credit Account for some time, then you can lock or freeze your card temporarily with the following steps.

  • Click on Wallet
  • Select the card you want to lock or unlock
  • Tap On or Off

Does Closing A PayPal Account Affect Credit?

Well!! Canceling your PayPal Credit may temporarily harm or affect your credit score. Because there is no annual fee, it is recommended to keep it open even without a balance. You can check your credit score Wallet’sHub free credit score simulator after canceling your PayPal Credit. 

Should I Close My PayPal Credit Account With Balance?

If PayPal Credit Account closed with balance, then that balance does not simply disappear, you must still pay it off and make your credit card balance zero. 

Why Is My PayPal Credit Card Deactivated?

If you ever found yourself in a situation where you can not use your PayPal Credit Card on your purchases, then maybe your card is deactivated by PayPal. The reasons for deactivating your PayPal Credit Card are:

  • You are not logged in with your PayPal Account, with whom your credit card is linked
  • Your card was linked to a PayPal Account that has been deactivated
  • You have not confirmed your PayPal Account which is linked to your PayPal credit card account
  • You have reached your PayPal system’s card limit
  • The problem is associated with your registered email id 

Also, read How To Cancel Simply Gym Membership?

How Long Does It Take To Close a PayPal Credit Account?

It will take up to 48 hours to close or cancel your PayPal Credit Card Account. 


One thing you should keep in mind before canceling your PayPal Credit Card Account is to cancel it with a zero balance. After that, canceling it is very easy with the help of their customer support service team. 

Aiden is an entertainment enthusiast who loves to explore different online apps/ sites. As she is frugal, she knows how to spend money wisely. Instead of buying costly subscriptions, she proceeds with free trail first. She also knows when and how to cancel subscriptions. Writing is her hobby, so she shares how to cancel tutorials on via blogs.

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