Okay I got the expanded use# finally now I was going over the terms and what exactly does this mean all of this worries me that I will be charge when ever I use the debit card to pay something in the store anybody that has the card already do you get charge any fees or % over purcheses please let me know thanks alot
THE KEY CREDIT TERMS
PAYPAL PLUS CREDIT CARD
Annual Percentage Rate (APR) for Purchases 14.24% 17.24% 20.24% 23.24%
Delinquency Rate* 32.24%
Cash APR 26.24%
Variable Rate Information The Annual Percentage Rate for Purchases may vary and will equal the prime rate plus (i) 5.99%, but not less than 12.24% for Account Type 1; (ii) 8.99%, but not less than 15.24% for Account Type 2; (iii) 11.99%, but not less than 18.24% for Account Type 3; or (iv) 14.99%, but not less than 21.24% for Account Type 4. The Annual Percentage Rate for Cash Advances may vary and will equal the prime rate plus 17.99%, but not less than 20.99%. The Delinquency Rate may vary and will equal the prime rate plus 23.99%, but not less than 26.99%.
The 'prime rate' for a billing period is the highest bank prime loan rate as published in The Wall Street Journal in its Money Rates section on any business day of the three calendar months preceding the first day of the billing period.
Grace Period for Repayment of
the Balance for Purchases 25 days, if there is no previous balance or balance is paid in full, otherwise none.
Method of Computing the
Balance for Purchases Average Daily Balance (including New Purchases)
Minimum Finance Charge $1.50 USD
Transaction Fee for Convenience
Checks or Cash Advances The greater of $5.00 USD or 3.0% of the amount of the Convenience Check or Cash Advance
Transaction Fee for Balance Transfers The greater of $5.00 USD or 3.0% of the amount of the Balance Transfer, but no more than $75.00 USD
Foreign Transaction Fee 3.0% of the Transaction
Late Payment Fee: The Late Payment Fee will be $19.00 USD for a Balance of $200.00 USD or under and $39.00 USD for a Balance over $200.00 USD. (Balance means Previous Balance on the statement that shows the Late Fee.)
THE KEY CREDIT TERMS
PAYPAL BUYER CREDIT
Annual Percentage Rate (APR) for Purchases 23.75%
Delinquency Rate* 27.75%
Variable Rate Information Your Annual Percentage Rate for Advances may vary and will be equal to (i) the highest bank prime loan rate ('Prime Rate') as published in The Wall Street Journal in its Money Rates section on the last business day of the calendar month preceding the first day of the billing period plus (ii) 15.5%, but in no event less than 20.8%. The Delinquency Rate may vary and will be equal to the Prime Rate plus 19.5%, but in no event less than 24.75%.
Grace Period for Repayment of
the Balance for Purchases 26 days, if previous balance is zero or balance is paid in full, otherwise none.
Method of Computing the
Balance for Purchases Average Daily Balance (including New Advances)
Minimum Finance Charge $1.00 USD
Transaction Fee for Convenience
Checks or Cash Advances Not Applicable
Transaction Fee for Balance Transfers Not Applicable
Foreign Transaction Fee Not Applicable
Late Payment Fee:$20.00 USD for a balance of $50.00 USD-$99.99 USD; $25.00 USD for a balance of $100.00 USDâ$299.99 USD; $29.00 USD for a balance of $300.00 USDâ$999.99 USD; $35.00 USD for a balance of $1,000.00 USD or above. However, if your delinquent Minimum Payment was calculated on a New Balance of less than $50.00 USD, the Late Payment Fee we may impose will not exceed $15.00 USD.