$300 Credit Limit

[mattotastic]

Hi everyone,

Just received my PayPal MasterCard Credit Card and I'm loving the 2-3% cashback (and hoping to get the welcome offer reward soon too!) but I don't know why my credit limit is so low ($300). If I continue to use the card, I basically will have to pay the balance off immediately after every week so I don't use too much credit (keep below 40%, I've been told).

I've never requested a credit increase and thus don't know how the process works, is there a way to have an increase in credit for the card with PayPal?

[sharpiemarker]

@mattotastic 

Contact their customer services or call phone number on back of card:

https://www.paypal.com/us/smarthelp/article/how-do-i-contact-paypal-cashback-mastercard-customer-ser...

https://www.paypal.com/us/webapps/mpp/cashback-faq

The cardholder agreement says:

”Credit Limit. You will be assigned a credit limit and cash advance limit on your account that we may increase or decrease from time to time. If we approve a transaction that makes you go over your credit limit or your cash advance limit, we do not give up any rights under this Agreement and we do not treat it as an increase in either limit.”

Don’t see any “over the limit fees”:

https://files.consumerfinance.gov/a/assets/credit-card-agreements/pdf/Synchrony_Bank/PayPal_Cashback...