PayPal Cashback Mastercard®
PayPal Cashback Mastercard®
PayPal Cashback Mastercard®
Card details
With the new PayPal Cashback Mastercard®, earn unlimited cash back at millions of merchants. No restrictions. No rotating categories.
Earn unlimited 3% cash back on PayPal purchases and unlimited 2% on all other purchases. Be one of the first to know when it's available.
If you are an existing 2% Cashback Mastercard holder, you do not need to join the list. You will automatically receive this exciting new upgrade.
Redeem 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.
Enjoy peace of mind with Mastercard. From Tap & Go® to 24/7 Identity Theft Protection™, earning cash back is simple and secure.
Rates, fees & offers
Annual fee
$0
Rewards rate
2%
Bonus offer
None
Intro APR
N/A
Ongoing APR
APR: 18.74%, 27.74%, or 30.74%, Variable APR
Cash Advance APR: 30.74%, Variable
Foreign transaction fee
3% of each transaction
Recommended credit score
Compare to other cards
| Learn more | Learn more | |
Annual fee$0 | Annual fee$99 | Annual fee$95 |
Regular APR19.24%-27.24% Variable APR | ||
Intro APRN/A | Intro APR0% intro APR for 15 billing cycles on balance transfers made within 45 days of account opening. | Intro APRN/A |
Recommended Credit Score |
Recommended Credit Score |
Recommended Credit Score |
NerdWallet review
By Gregory Karp
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Rating details
4.3
Editor's overall rating
Pros and cons
Pros
No annual fee
High rewards rate
Cons
Must be a member/customer
No 0% intro APR
Foreign transaction fee
The PayPal Cashback Mastercard® offers an unlimited 2% cash back on everything you buy with the card. That’s an elite rewards rate for a flat-rate card in an industry where 1.5% cash back is more common.
The allure of the card is that it’s simple and rewarding. You don’t have to remember different rewards for different purchases or activating quarterly reward categories every quarter like some cards require. It has an annual fee of $0.
A potential downside is you must have a PayPal account to apply, and rewards are tightly tied to that account. But if you already have a PayPal account or don’t mind signing up for a free one, this is an excellent choice as a cash-back credit card.
For more information, see NerdWallet's full review of this card.
