Banks make their.......

[Junky]

Seems that the banks, and in this instance PayPal ( The lender for PayPal Credit accounts is Synchrony Bank ) are making their money the old fashioned way. In the old days it was called "usury". I guess that the usury laws have all fallen away, and they can charge whatever rate that they like, without running afoul of the banking laws.

PayPal Credit offers No Interest if paid in full in 6 months on purchases of $99 or more.

If you do not pay the promotional purchase in full within 6 months, interest will be imposed from the purchase date at the variable Annual Percentage Rate (APR) that applies to new purchases made on your account when the promotional purchase is made, which, as of July 15, 2019, is 26.24%. This APR will vary with the market based on the prime rate. Minimum monthly payments are required with this promotional offer.

Usury is, as defined today, the practice of making unethical or immoral monetary loans that unfairly enrich the lender. Originally, usury meant interest of any kind. A loan may be considered usurious because of excessive or abusive interest rates or other factors.Wikipedia

 

[1958 delivery]

I suggest you pay within the 6 month "free" interest period.