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Over my credit limit by accident

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Over my credit limit by accident

I went over by $20. Am I going to get hammered with penalty fees?
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Re: Over my credit limit by accident

@ccowan810 

 

No penalty fees for exceeding your credit limit. If a purchase goes through, your credit line may increase and the added $20 will be your new credit line limit should that be the case. PayPal's credit line is opened ended in that sense.

 

See fees section, no mention of exceed credit limit fee: 

https://www.paypal.com/us/webapps/mpp/ppcterms


Kudos & Solved are greatly appreciated. 🙂

View solution in original post

1 REPLY 1
Esteemed Advisor

Re: Over my credit limit by accident

@ccowan810 

 

No penalty fees for exceeding your credit limit. If a purchase goes through, your credit line may increase and the added $20 will be your new credit line limit should that be the case. PayPal's credit line is opened ended in that sense.

 

See fees section, no mention of exceed credit limit fee: 

https://www.paypal.com/us/webapps/mpp/ppcterms


Kudos & Solved are greatly appreciated. 🙂

View solution in original post