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***New: Apply for the PayPal Credit Card***

19 April, 2006 | 01:31PM BST

PayPal is pleased to announce the launch a stand-alone UK credit card with leading finance provider, GE Money. The new credit card makes it easy to shop on the web and on the high street and has a typical 12.9% APR.

The PayPal Mastercard comes with a six month 0% p.a. balance transfer offer and carries no annual fee. The card also offers a free ID theft helpline and an internet fraud guarantee. Applicants also benefit from an instant decision.

Credit Card customers will be able to use their cards to make payments through PayPal’s online money transfer services although customers’ card accounts will stand-alone and separate from users’ existing online PayPal electronic money accounts*.

The first 1,000 customers will also receive entry to the PayPal Vault, with the chance to win one of 1,000 specially created prizes to mark the launch of the product.

For more information on the PayPal Credit Card and to apply for the PayPal Credit Card please visit: http://www.paypalcreditcard.co.uk

For more information on the PayPal Credit Card vault please visit: https://www.paypal.com/uk/cgi-bin/webscr?cmd=xpt/cps/general/UKCreditCard-outside

* Please note that when making purchases online using PayPal (with any registered Credit Card details, including the PayPal Credit Card), you are not protected by Section 75 of the Consumer Credit Act although you may be able to initiate a chargeback through the card issuer, qualify for protection under the PayPal Buyer Protection Policy or be able to invoke the PayPal Buyer Complaints Policy.
The PayPal Credit Card is issued by GE Capital Bank Ltd trading as GE Money. Registered in England 1456283. Registered Office: 6 Agar Street, London, WC2N 4HR.
The advertiser is PayPal (Europe) Ltd. Registered in England 4056498.

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