Can anyone tell me the difference between the paypal world elite mastercard and the paypal credit card with the mastercard logo?
I recently got a paypal world elite mastercard but the limit was very low. I requested a limit increase within the first month and was turned down. But less than a week later a mastercard pre qualification popped up on my app. I clicked it and was approved and the limit was nearly 4 times higher! This seemed very odd to me but I accepted it. Anyone have similar experiences?
Pay Pal Mastercard approval algorithms
byu/Old-Football3534 inCreditCards
Posted by Old-Football3534
3 Comments
Your world elite is 3 % on paypal and 1.5 % on everything else ….. the other is a credit line no interest for six months on certain balances…. you can’t request a Credit line increase after the first month you have to wait six months for the world Elite Mastercard.
I got approved for the PayPal credit and then I got approved for the PayPal Mastercard. The PayPal Mastercard limit was $1500 when I got approved for it and now it’s at $11,000.
That kind of thing happens more than it seems since different offers can run on different approval models. Pre qualified offers use a fresh internal check and early increase requests often get auto denied so timing plays a big role.