Over my credit limit by accident

ccowan810
Contributor
Contributor
I went over by $20. Am I going to get hammered with penalty fees?
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sharpiemarker
Esteemed Advisor
Esteemed Advisor

@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. 🙂

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1 REPLY 1
Solved

sharpiemarker
Esteemed Advisor
Esteemed Advisor

@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. 🙂
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