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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

+45 Deal Score
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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!
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Created 07-05-2020 at 12:11 AM by PocketsThick
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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.

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Joined Mar 2019
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laurenashleyshapiro
07-05-2020 at 02:30 AM.
07-05-2020 at 02:30 AM.
I literally confirmed my address and agreed to some terms and conditions and apparently the card is being sent. Cool, thanks!
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nirvanaguy
07-05-2020 at 05:35 AM.
07-05-2020 at 05:35 AM.
Do you need to actually have a business to get this debit card?

What if you are a landlord and collect rental income?
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Joined Oct 2011
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NoPieForU
07-05-2020 at 06:09 AM.
07-05-2020 at 06:09 AM.
And... if the phone slips out of your hand and you click the wrong offer (I'm not spending $1000 right now) then you can't go back and click the correct offer. Super! Frown

EDIT: So I called them and they would not correct the reward to the 1.25%, but they would remove the reward entirely so that I may receive my normal cashback amount (hopefully?). It still shows the $20 per thousand active, so shrug.
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Last edited by NoPieForU July 5, 2020 at 06:56 AM.
Joined Jul 2018
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QuaziArts
07-05-2020 at 06:15 AM.
07-05-2020 at 06:15 AM.
Quote from nirvanaguy :
Do you need to actually have a business to get this debit card?

What if you are a landlord and collect rental income?

You can be a sole proprietor but need a Paypal Business account. It has different verification requirements than a personal account. They check identity, business structure and that you have a bank account as a business.
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Joined Nov 2005
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Thedictator
07-05-2020 at 06:22 AM.
07-05-2020 at 06:22 AM.
Anyway to double dip this with anothe credit card cash back?

Perhaps use Paypal to pay down another card's spending?
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Joined Apr 2012
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the18thtee84
07-05-2020 at 06:47 AM.
07-05-2020 at 06:47 AM.
The 1.25% doesn't show up for me, just the standard 1% and $1000/$20 offer
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Joined Jan 2014
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k6tcher
07-05-2020 at 06:54 AM.
07-05-2020 at 06:54 AM.
Quote from the18thtee84 :
The 1.25% doesn't show up for me, just the standard 1% and $1000/$20 offer

Same for me.
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Joined Jul 2018
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QuaziArts
07-05-2020 at 10:51 AM.
07-05-2020 at 10:51 AM.
Might be a targeted offer. I don't have any option to activate 1.25%.
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Joined Aug 2009
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PocketsThick
07-05-2020 at 12:20 PM.
07-05-2020 at 12:20 PM.
Quote from nirvanaguy :
Do you need to actually have a business to get this debit card?

What if you are a landlord and collect rental income?
You'd only get the cashback if you were spending the money, not receiving it.

For instance, my June Ebay bill is over $6,000. I'm going to pay for my Ebay bill with this card (I activated the $20 per $1,000) and I'll get $120 back just for paying my Ebay bill. Not bad! I've used this card in the past to collect 1% CB by paying my ebay bill, so I know that works. I had to pay my bill anyways. I'm just getting free money back by doing it.
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Joined Dec 2010
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SD-Logic
07-05-2020 at 02:06 PM.
07-05-2020 at 02:06 PM.
This PayPal application is weird, I just confirmed my address and click next page, it already showed they gonna mail me the card. I didn't even look at any term or accept the agreement yet. Wth~ I want to see what's the protection? Credit card can drawback if there is a fraud. How about this?
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Joined Oct 2017
Deal or No Deal
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essix8
07-05-2020 at 02:30 PM.
07-05-2020 at 02:30 PM.
Get a secured credit card instead. Youll build your credit and not have to worry about fraud.
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Joined Apr 2018
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krnprogamer
07-05-2020 at 02:41 PM.
07-05-2020 at 02:41 PM.
I'm not sure why this is a deal? Isn't using credit card with higher % better? Unless I'm missing something.
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imlkrsfn2
07-05-2020 at 02:47 PM.
07-05-2020 at 02:47 PM.
Quote from krnprogamer :
I'm not sure why this is a deal? Isn't using credit card with higher % better? Unless I'm missing something.
Some things you can only pay with a debit card.
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