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

+37 Deal Score
62,005 Views
PayPal is offering 3% cash back on PayPal purchases and 2% on all other purchases with their PayPal Cashback Mastercard®. No Annual fee.(1)

Card Details:
  • Earn 3% cash back on PayPal purchases and 2% on all other purchases. Purchases are subject to credit approval, and the PayPal Cashback Mastercard must be used for payment. See Rewards Program Terms for details and restrictions.
  • With the PayPal Cashback Mastercard®, earn unlimited cash back at millions of merchants.
  • No restrictions. No rotating categories. No annual fee. See Terms and Rates for New Accounts.
  • Shop at millions of brands with PayPal to earn unlimited 3% cash back.
  • Earn rewards without the wait. Cash back is earned daily on completed purchases posted to your account. 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.
  • Redeem it to your PayPal balance, and spend it however you want.
  • Enjoy peace of mind with Mastercard benefits from Tap & Go® to 24/7 Identity Theft Protection™. See Mastercard Guide to Benefits.
  • The PayPal Cashback Mastercard is issued by Synchrony Bank pursuant to a license by Mastercard International Incorporated. Mastercard, Tap & Go and the circles design are registered trademarks of Mastercard International Incorporated.
(1)See Terms and Rates for New Accounts.

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

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.

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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Created 11-27-2023 at 09:51 AM by EfficientGame645
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Deal
Score
+37
62,005 Views
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.

175 Comments

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Joined Apr 2007
L7: Teacher
> bubble2 2,721 Posts
1,105 Reputation
barcode
12-13-2023 at 07:50 PM.
12-13-2023 at 07:50 PM.
Hoping they bring back the $200 back promo on this card.
Reply
Joined Jun 2018
New User
> bubble2 6 Posts
10 Reputation
TheMr.Elliott
01-22-2024 at 02:19 AM.
01-22-2024 at 02:19 AM.
I love this card so much. I use PayPal to purchase almost everything I buy online which using this card gets you 3% back as well as 2% on everything else. The cash back goes straight towards my bill. Honestly my favorite card I use for 90% of my purchases. I have about 10 different store credit cards that get me 5% off every purchase at those specific stores (Amazon card for Amazon, Lowes card for Lowes, Academy for Academy), so any other purchase I'm at least getting 2-3% cashback minimum with this one. I use this card for my utility bills as well, might as well save money on what you have to pay for anyways. No annual fee. 10/10 Would highly recommend.
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Joined Sep 2018
New User
> bubble2 3 Posts
10 Reputation
ArnoldoSaracayJ
01-22-2024 at 02:47 AM.
01-22-2024 at 02:47 AM.
My favority card by far
4
Reply
Joined Jan 2016
L1: Learner
> bubble2 47 Posts
14 Reputation
ChiliDawg78
01-22-2024 at 02:55 AM.
01-22-2024 at 02:55 AM.
Is it still possible to use PayPal for IN-STORE Wal-Mart purchases. Through Wal-Mart Pay or via register interface? TIA
1
Reply
Joined Jul 2010
Expert
> bubble2 4,008 Posts
877 Reputation
mitchflorida
01-22-2024 at 02:57 AM.

Our community has rated this post as helpful. If you agree, why not thank mitchflorida

01-22-2024 at 02:57 AM.
This BofA card is better in every way, and gives 3 percent off on all online purchases, not just eBay. $200 sign up bonus too.

https://www.bankofamerica.com/cre...edit-card/


Online shopping, including cable, internet, phone plans and streaming 3% cash back

Automatic 2% cash back at grocery stores and wholesale clubs
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Last edited by mitchflorida January 22, 2024 at 03:01 AM.
Joined Dec 2014
L4: Apprentice
> bubble2 493 Posts
167 Reputation
hw1234
01-22-2024 at 04:24 AM.
01-22-2024 at 04:24 AM.
This is a really good credit card but the transactions don't import automatically using Plaid, unfortunately.
1
Reply
Joined Jul 2017
L4: Apprentice
> bubble2 470 Posts
618 Reputation
Ejsdad12
01-22-2024 at 04:25 AM.

Our community has rated this post as helpful. If you agree, why not thank Ejsdad12

01-22-2024 at 04:25 AM.
Quote from mitchflorida :
This BofA card is better in every way, and gives 3 percent off on all online purchases, not just eBay. $200 sign up bonus too.

https://www.bankofamerica.com/cre...edit-card/


Online shopping, including cable, internet, phone plans and streaming 3% cash back

Automatic 2% cash back at grocery stores and wholesale clubs

There are more restrictions with this card. The 3% on every PayPal purchase and 2% on everything else is easy and rewarding without restriction.

I am confused why this deal was posted now without the $200 sign up bonus. Can't say it's a deal since it's always available. When I signed up about a year ago I got the sign up bonus. I will also note that with paying for daycare, family expenses, and every day purchases, my cash back for 2023 was over $1800. This includes the sign up bonus. Great card.
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Joined Dec 2014
L4: Apprentice
> bubble2 493 Posts
167 Reputation
hw1234
01-22-2024 at 04:29 AM.

Our community has rated this post as helpful. If you agree, why not thank hw1234

01-22-2024 at 04:29 AM.
Quote from mitchflorida :
This BofA card is better in every way, and gives 3 percent off on all online purchases, not just eBay. $200 sign up bonus too.

https://www.bankofamerica.com/cre...edit-card/


Online shopping, including cable, internet, phone plans and streaming 3% cash back

Automatic 2% cash back at grocery stores and wholesale clubs

The PayPal card is 3% at any merchant where you can use PayPal, not just eBay. It also gives 2% minimum on everything else. The only scenario where the BofA card is better is is someone does a lot of online shopping at stores that don't take PayPal, which isn't common.
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Joined Aug 2018
L3: Novice
> bubble2 130 Posts
49 Reputation
OrangeFlash64
01-22-2024 at 04:44 AM.
01-22-2024 at 04:44 AM.
Quote from ChiliDawg78 :
Is it still possible to use PayPal for IN-STORE Wal-Mart purchases. Through Wal-Mart Pay or via register interface? TIA
I've never known of being able to use PayPal for any in-store purchases.
1
Reply
Joined Nov 2019
VIP Member
> bubble2 14,552 Posts
720 Reputation
Lilyly
01-22-2024 at 05:03 AM.
01-22-2024 at 05:03 AM.
Quote from michaelelliott127 :
I love this card so much. I use PayPal to purchase almost everything I buy online which using this card gets you 3% back as well as 2% on everything else. The cash back goes straight towards my bill. Honestly my favorite card I use for 90% of my purchases. I have about 10 different store credit cards that get me 5% off every purchase at those specific stores (Amazon card for Amazon, Lowes card for Lowes, Academy for Academy), so any other purchase I'm at least getting 2-3% cashback minimum with this one. I use this card for my utility bills as well, might as well save money on what you have to pay for anyways. No annual fee. 10/10 Would highly recommend.
most of utility bills charge certain convenient fee for using credit card as payment though
1
2
Reply
Joined Nov 2019
VIP Member
> bubble2 14,552 Posts
720 Reputation
Lilyly
01-22-2024 at 05:05 AM.
01-22-2024 at 05:05 AM.
Quote from hw1234 :
The PayPal card is 3% at any merchant where you can use PayPal, not just eBay. It also gives 2% minimum on everything else. The only scenario where the BofA card is better is is someone does a lot of online shopping at stores that don't take PayPal, which isn't common.
how does that work? i see lowes or home depot has that paypal option to use paypal on their keypad. but i dont want to enter my paypal credential there. maybe using paypal app with qr code?
1
Reply
Joined Nov 2019
VIP Member
> bubble2 14,552 Posts
720 Reputation
Lilyly
01-22-2024 at 05:07 AM.
01-22-2024 at 05:07 AM.
Quote from Ejsdad12 :
There are more restrictions with this card. The 3% on every PayPal purchase and 2% on everything else is easy and rewarding without restriction.

I am confused why this deal was posted now without the $200 sign up bonus. Can't say it's a deal since it's always available. When I signed up about a year ago I got the sign up bonus. I will also note that with paying for daycare, family expenses, and every day purchases, my cash back for 2023 was over $1800. This includes the sign up bonus. Great card.
2% on everything is still a deal. i am using my well fargo card for 2% on everything now. its like doubling your cash back. why not
Reply
Joined Dec 2014
L4: Apprentice
> bubble2 493 Posts
167 Reputation
hw1234
01-22-2024 at 05:12 AM.
01-22-2024 at 05:12 AM.
Quote from Lilyly :
how does that work? i see lowes or home depot has that paypal option to use paypal on their keypad. but i dont want to enter my paypal credential there. maybe using paypal app with qr code?

You can use the PayPal app Deals tab to shop those merchants and also potentially get additional cashback. Sometimes it's better than other cashback sites, sometime it's not.
Reply
Joined Jun 2008
L4: Apprentice
> bubble2 372 Posts
60 Reputation
darkhunter00
01-22-2024 at 05:24 AM.
01-22-2024 at 05:24 AM.
This is a fantastic card. One of the things I love is the easy of use and interface. A lof of bank websites are just awful and clunky. This card is so simple. The cash back hits your account super quick and you can instantly redeem it to your paypal balance and then instantly use it to pay back down your credit card.

It works fantastic and the 2/3% is great value too.
1
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