PayPal's New Credit Card Offers Interest-Free Financing for Travel. But Watch Out for This Pitfall

PayPal/CNET If you've got your eye on travel this summer, PayPal's new credit card -- a physical version of its digital credit line, called the PayPal Credit Card -- can help you spread the cost out over several months. The PayPal Credit Card, which lets you finance purchases over $149, will be rolled out in the US over the next few weeks. The company also announced a special, limited-time financing offer for travel purchases posted to your account by Jan. 31, 2026. So, you can finance a travel purchase -- think hotels, airfare, trainfare, rental cars, etc. -- and pay it down over six months without any interest accruing. "PayPal Credit is one of our most popular products, and customers have long been requesting the ability to use it on the go," Scott Young, senior vice president and global head of consumer financial services at PayPal, said in a statement. The PayPal Credit Card could help finance a summer trip by allowing you to spread the expense across six months, but it lacks ... Read full article.