Paypal Credit

As long as you're disciplined about making the payments IN FULL and ON TIME when they are due then it's a nice way to get access to funds without paying any interest. I've used it over the last couple of years for several thousand dollars worth of purchases and haven't yet pay a single dime in interest. I've also made every single payment on time. Each purchase is counted separately and typically will get you either 6 months or 12 months of no interest depending on the total spent at once. I think it's 6 months for purchased between $99 and $499. And then 12 months for purchases of $500 or above.

Now on the other hand if you're the type to string payments out then the interest will be quite large as it's retro-active to the beginning of the purchase if you don't pay it in full when it comes due. So for anyone that thinks they may end up doing that then I would definitely stay away from Paypal credit.