With Tap & Go® payments, cardholders can pay quickly and safely anywhere contactless payments are accepted. The PayPal Cashback Mastercard also features other perks, such as EMV chip technology and contactless payments. Save money with exclusive offers, earn cash back and spend your rewards on things you want. And keep earning rewards as you shop with us. While you might be a little disheartened to see so few redemption options, the truth is that the PayPal Mastercard is impressive in what you can do with that money! With rewards automatically added as cash to your PayPal balance, you can send that cash back to your bank, use it to help split a dinner tab with friends, pay for merchandise from your favorite team, or pretty much anything else you can imagine with PayPal. Save money with deals, cash back, and coupons in the app from some of your favorite brands. Without this, the only redemption option is for transferring funds to an external account. Keep in mind that redeeming rewards to a PayPal account (the default option) requires a PayPal Cash or PayPal Cash Plus account. Here’s how the PayPal Cashback Mastercard stacks up against another digital wallet juggernaut – the vaunted Apple Card:Ĭash back rewards with the card apply towards statement credits to an existing PayPal account or transfer to another linked bank account. This means that with the PayPal Cashback Mastercard, you can expect your card to be accepted no matter where you shop. If youre interested in upping your income. Plus, merchants in over 212 countries rely on the Mastercard payment network – that’s more nations than Visa or American Express. PayPal Cashback decision depends on factors such as redemption options, APRs, fees and how much you use PayPal. PayPal is accepted in over 200 countries and 25 different currencies. And, even more impressive, that 3% back on PayPal is unlimited! Cardholders earn their 3% back when using their card anywhere in the world where either PayPal is accepted, both in-store, online, and via mobile wallet transactions. The PayPal Mastercard now provides an impressive 3% cash back on PayPal purchases. For additional details on rewards, see the PayPal Cashback Mastercard Rewards Program Terms. Unlike Double Cash, however, the PayPal Card now has a new 3% back category to match the unlimited 2% rewards. The PayPal Cashback Mastercard account offers you the ability to earn 3 cash back when you check out with PayPal and choose your PayPal Cashback Mastercard and earn 2 cash back on all other purchases where Mastercard is accepted. ![]() The PayPal Cashback Mastercard’s lucrative reward structure previously matched cards like the Double Cash Card from Citi in that it earned an unlimited 2% cash back on all eligible purchases. The PayPal Cashback Mastercard® is an enticing cash back credit card that offers exceptional value for no annual fee.
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