When you open a PayPal account, you’re given a credit limit of $1,000. You can also increase your credit limit by opening a PayPal Credit account. PayPal Credit allows you to borrow up to $2,500 in total, with a minimum credit limit of $500. You can also use your PayPal Credit account to make payments and withdraw funds from your bank account. To increase your PayPal Credit limit, go to your account settings and click on the Credit tab.
You’ll need to provide your credit history, bank information, and other information to increase your limit. You can also add a credit card to your PayPal account to increase your limit even further. When you’re ready to increase your PayPal Credit limit, simply click on the Add Credit Card button and enter your information. You’ll receive a notification when your credit limit has been increased.
