Smart Connect to Paypal Credit

memcgill27106
New Community Member

Greetings Friends,

I recently got approved for a $2000 line of credit with Paypal Credit (formerly Bill Me Later). I already have Paypal Smart Connect of $850 and it is tapped out. Since finding out that I can link only one of these accounts with my paypal account (which I think is so foolish) I would like to replace the Smart Connect with Paypal Credit becuase the credit limit is higher and has a much better interest rate. Is there a way to transfer the balance from one to the other and then cancel the Smart Connect and add the Paypal credit account? 

 

If anyone has had any luck with this, or knows how to do this please let me know. 

 

Thanks in advance!

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1 REPLY 1

pjtessy
Contributor
Contributor

You will be unable to close your Smart Connect account with a balance on it.

In order to use your Paypal Credit you need to open another PayPal account just to use it.

It is what is recommended on the PayPal site.

I have a second account for the same reasons.

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