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PayPal Cashback Mastercard®: Earn 3% Cash Back on PayPal Purchases

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PayPal is offering 3% cash back on PayPal purchases¹ and 1.5% everywhere else with their PayPal Cashback Mastercard®. No Annual fee².

Card Details:
  • Earn 3% cash back on PayPal purchases and 1.5% on all PayPal purchases with the PayPal Cashback Mastercard.
  • With the PayPal Cashback Mastercard, earn unlimited cash back at millions of merchants.
  • No restrictions. No rotating categories. No annual fee.²
  • Shop at millions of brands with PayPal to earn unlimited 3% cash back.¹
  • Earn rewards without the wait. Cash back is earned daily on completed purchases posted to your account.
  • Redeem it to your PayPal balance, and spend it however you want.³
  • Enjoy peace of mind with Mastercard benefits from Tap & Go® to 24/7 Identity Theft Protection®.⁴
  • Penalty APR is 35.99%. rate accurate as of September 1, 2024

(1) Purchases are subject to credit approval, and the PayPal Cashback Mastercard must be used for payment. See Rewards Program Terms for details and restrictions.

(2) See Terms and Rates for New Accounts.

(3) Important information on redeeming Cash Rewards: You need to have a PayPal Balance account to use your redeemed rewards in your balance. If you do not have that account, you can only transfer your Cash Rewards to your bank account or debit card linked to your account with PayPal.

(4) The benefits and services as further described in the Mastercard Guide to Benefits are provided solely by Mastercard International Incorporated. PayPal and Synchrony Bank do not endorse, recommend, warrant or take responsibility for these offered benefits.
  • Applications are subject to credit approval. You must be at least 18 years old and reside in the US or its territories to apply.
  • The PayPal Cashback Mastercard is issued by Synchrony Bank pursuant to a license by
  • Mastercard International Incorporated.
  • Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.
  • The Contactless Indicator mark, consisting of four graduating arcs, is a trademark owned by and used with permission of EMVCo, LLC.


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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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Joined Jan 2024
Typing Cat
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WolfTheCat
07-31-2024 at 07:22 PM.
07-31-2024 at 07:22 PM.
I have this card.

Dumping it soon.

- They dropped recently from 2%cb to 1.5% on non PayPal purchases.
- It doesn't integrate with Quicken correctly like other credit cards do.

I'm going with BofAs silver card. 2.65% cb on everything if I let Merrill Lynch hold my IRA (requires $100k of assets under Merrill and/or BofA to get 2.65%)
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