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Paypal Business Debit Card - 1.25% Cashback (No Limit) or $20 Cashback per $1,000 Spent (No Limit) - MUST ACTIVATE OFFER
Link: https://www.paypal.com/myaccount/...v2/summary
^^ That link should bring you to your Paypal Business Debit homepage. You should see the offer there.
Anyone with a Paypal Business Debit card can get some pretty sweet cashback rewards that you must activate in your Paypal account. Either unlimited 1.25% CB or $20 CB for every $1,000 spent (2% CB). Whatever offer you choose will pause your normal unlimited 1% CB until September 30th.
I'm guessing this is the most generous CB reward given for a debit card currently. Nice!
^^ That link should bring you to your Paypal Business Debit homepage. You should see the offer there.
Anyone with a Paypal Business Debit card can get some pretty sweet cashback rewards that you must activate in your Paypal account. Either unlimited 1.25% CB or $20 CB for every $1,000 spent (2% CB). Whatever offer you choose will pause your normal unlimited 1% CB until September 30th.
I'm guessing this is the most generous CB reward given for a debit card currently. Nice!
Created 07-05-2020
at 12:11 AM
by PocketsThick
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.
Community Wiki
Last Edited by PocketsThick
July 6, 2020
at
12:15 AM
Terms from Paypal for these 2 offers:
1. Cash back offer valid from July 2, 2020 through September 30, 2020. Valid only on a chip-enabled PayPal Business Debit Mastercard. Your account with PayPal must be in good standing through the reward deposit. $20 cash back will be earned when you make $1,000 in purchases with your PayPal Business Debit Mastercard. An additional $20 cash back will be earned for each subsequent $1,000 in purchases. For example, spend $1,000 earn $20. Spend $2,000 earn $40. Transactions that are not eligible for the cash back offer include, but are not limited to: purchase of cash equivalents including gift cards, travel checks, cash withdrawals, cash advances, and the cash-back portion of any point-of-sale purchase, reloadable cards and/or transactions with financial institutions. There is no cap on cash back earned based on required spend thresholds. Cash back will be added to the PayPal Business account or PayPal Cash Plus account associated with the PayPal Business Debit Card that completed the required purchase amounts within 30 days of achieving required purchase amounts. PayPal reserves the right to cancel, suspend, or modify this cash back offer in part or in its entirety at any time without notice, for any reason at its sole discretion.
2. 1.25% cash back on all purchases cash back offer valid from July 2, 2020 through September 30, 2020. Valid only on a chip-enabled PayPal Business Debit Mastercard. The PayPal account must be in good standing through the reward deposit. Transactions eligible for bonus cash back include: credit transactions which you sign for and which are processed by Mastercard; online transactions processed by Mastercard; purchases processed via a debit network (including PIN-less debit transactions); and phone transactions processed by Mastercard. Transactions that are not eligible for bonus cash back include, but are not limited to: purchase of cash equivalents including gift cards, travel checks, cash withdrawals, cash advances, and the cash-back portion of any point-of-sale purchase, reloadable cards and/or transactions with financial institutions. Bonus cash back will be added to the PayPal account associated with the PayPal Business Debit Card that completed the eligible transaction(s) within 30 days of qualifying purchase settlement. PayPal reserves the right to cancel, suspend, or modify this promotion in part or in its entirety at any time without notice, for any reason at its sole discretion.
3. Additional activation to receive this cash back offer is required. Please click to verify or complete activation of the cash back offer. You'll receive unlimited 1.0% cash back on eligible purchases when your PayPal Business Debit Mastercard purchase is completed as a credit transaction by phone, online, or in stores. Transactions eligible for bonus cash back include: credit transactions which you sign for and which are processed by Mastercard. Transactions that are not eligible for the cash back offer include but are not limited to: transactions processed as cash withdrawals, cash advances, or those using a PIN or transactions that the merchant processes as PIN-less debit. Additionally, you'll only receive cash back when your monthly earned cash back is at least $1.00. Cash back earned that's less than $1.00 that month will not be awarded and will not carry over to the next month. See Cardholder Agreement [paypal.com] for complete details.
4. Once a cash back offer is chosen, the standard 1.0% cash back benefit will be paused through September 30, 2020.
5. Must have or open a PayPal Business or PayPal Cash Plus account to qualify for the PayPal Business Debit Card and to maintain and use a balance with PayPal.
The PayPal Business Debit Mastercard is issued by The Bancorp Bank pursuant to a license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Card may be used everywhere Mastercard is accepted. The Bancorp Bank is issuer of the Card only and not responsible for the associated accounts or other products, services, or offers from PayPal.
1. Cash back offer valid from July 2, 2020 through September 30, 2020. Valid only on a chip-enabled PayPal Business Debit Mastercard. Your account with PayPal must be in good standing through the reward deposit. $20 cash back will be earned when you make $1,000 in purchases with your PayPal Business Debit Mastercard. An additional $20 cash back will be earned for each subsequent $1,000 in purchases. For example, spend $1,000 earn $20. Spend $2,000 earn $40. Transactions that are not eligible for the cash back offer include, but are not limited to: purchase of cash equivalents including gift cards, travel checks, cash withdrawals, cash advances, and the cash-back portion of any point-of-sale purchase, reloadable cards and/or transactions with financial institutions. There is no cap on cash back earned based on required spend thresholds. Cash back will be added to the PayPal Business account or PayPal Cash Plus account associated with the PayPal Business Debit Card that completed the required purchase amounts within 30 days of achieving required purchase amounts. PayPal reserves the right to cancel, suspend, or modify this cash back offer in part or in its entirety at any time without notice, for any reason at its sole discretion.
2. 1.25% cash back on all purchases cash back offer valid from July 2, 2020 through September 30, 2020. Valid only on a chip-enabled PayPal Business Debit Mastercard. The PayPal account must be in good standing through the reward deposit. Transactions eligible for bonus cash back include: credit transactions which you sign for and which are processed by Mastercard; online transactions processed by Mastercard; purchases processed via a debit network (including PIN-less debit transactions); and phone transactions processed by Mastercard. Transactions that are not eligible for bonus cash back include, but are not limited to: purchase of cash equivalents including gift cards, travel checks, cash withdrawals, cash advances, and the cash-back portion of any point-of-sale purchase, reloadable cards and/or transactions with financial institutions. Bonus cash back will be added to the PayPal account associated with the PayPal Business Debit Card that completed the eligible transaction(s) within 30 days of qualifying purchase settlement. PayPal reserves the right to cancel, suspend, or modify this promotion in part or in its entirety at any time without notice, for any reason at its sole discretion.
3. Additional activation to receive this cash back offer is required. Please click to verify or complete activation of the cash back offer. You'll receive unlimited 1.0% cash back on eligible purchases when your PayPal Business Debit Mastercard purchase is completed as a credit transaction by phone, online, or in stores. Transactions eligible for bonus cash back include: credit transactions which you sign for and which are processed by Mastercard. Transactions that are not eligible for the cash back offer include but are not limited to: transactions processed as cash withdrawals, cash advances, or those using a PIN or transactions that the merchant processes as PIN-less debit. Additionally, you'll only receive cash back when your monthly earned cash back is at least $1.00. Cash back earned that's less than $1.00 that month will not be awarded and will not carry over to the next month. See Cardholder Agreement [paypal.com] for complete details.
4. Once a cash back offer is chosen, the standard 1.0% cash back benefit will be paused through September 30, 2020.
5. Must have or open a PayPal Business or PayPal Cash Plus account to qualify for the PayPal Business Debit Card and to maintain and use a balance with PayPal.
The PayPal Business Debit Mastercard is issued by The Bancorp Bank pursuant to a license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Card may be used everywhere Mastercard is accepted. The Bancorp Bank is issuer of the Card only and not responsible for the associated accounts or other products, services, or offers from PayPal.
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73 Comments
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Right, so every whole $1000 gives you $20 is calculated at the end of each month and not weekly?
Only ask cause it says:
Spend $1,000 on all purchases and get $20
There's no limit to how much cash back you can earn.
It automatically goes to your balance every week.
Only ask cause it says:
Spend $1,000 on all purchases and get $20
There's no limit to how much cash back you can earn.
It automatically goes to your balance every week.
Only ask cause it says:
Spend $1,000 on all purchases and get $20
There's no limit to how much cash back you can earn.
It automatically goes to your balance every week.
Ahh right, slightly convuluted... So $20 added weekly per $1,000 spent but minimum amount / threshold you need to spend each month is $1000 to qualify for the first $20? Alright so payout is weekly, but as you've gotta spend $1000 and upwards $2000, $3000 etc to qualify for the next $20 and so on, just curious if they calculate it by the week or month, sounds likely weekly if they're paying out weekly? So e.g. Week 1 spend $1100, week 2, $1200, week 3 $1300, week 4 before week ends say you spend $400 I assume you qualify for 4*$20 cashback so $80 in total if they calculate monthly or do you only qualify for 3*$20 cashback so $60 in total if they calculate weekly?
Thanks that's a good example for a one off payment. We make heaps of smaller amount payments over the course of a week / month so trying to figure out how to maximise CB if it means timing our spend differently.
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What other two? What about payusatax.com, does it process as debit card?
The PayPal Business Debit Mastercard® is for businesses. No worries—you're eligible for the PayPal Cash Card, our debit card for accounts like yours.". Any idea?
1. It's not a credit card. 2. People who already make payments with Paypal funds can get 1.25% using the card. 3. People who aren't making payments with Paypal may want 1.25%. 4. It's not a big deal, just a practical one.
But why would you pay with PayPal funds when you could pay with a credit card through PayPal? Using PayPal funds is like using cash - none of the benefits. I don't see the point is all