PayPal Cashback Mastercard® review

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Advertiser Disclosure

Interest Rate: Purchases
21.49% ‐ 28.49% (Variable)
Balance Transfer
2% cashback (cashback rewards*)
Signup Bonus

Informr score
The PayPal Cashback Mastercard® currently has an Informr score of 7.9 out of 10. This score is based on our evaluation of 7 sources including reviews from users and the web's most trusted critics.

Am I eligible?

PayPal Cashback Mastercard® is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


If you are looking for a straightforward cash back card, the PayPal Cashback Mastercard could definitely fill that role in your wallet. The unlimited 2% cash back on all purchases, ease of redemption of cash back rewards and lack of an annual fee are all real positives. But the perks are kind of spa...

- Nick Cole, Clark

Though the PayPal Cash Back Mastercard offers good rewards rate, cardholders who are not regular PayPal users may find the redemption options too cumbersome.

- Robin Ratcliff,

If you already have a PayPal account and don’t mind redeeming cash rewards into it — or an associated bank account — you have cleared the biggest hurdles for getting and using the PayPal Cashback Mastercard. The upside is a simple and valuable 2% unlimited cash back on all purchases that few other c...

- Gregory Karp, NerdWallet

While the PayPal Cash Back Mastercard may make sense for some frequent PayPal users, some of the best cash back credit cards on the market may offer lower interest rates and better terms. If the customer reviews are true, this card has room to offer better customer service. The PayPal credit card is...

- Jeff Gitlen, LendEDU

The PayPal Cashback Mastercard® is a great credit card for consumers to consider. The 2% rewards rate on all purchases beats most competitors when it comes to everyday spending.

- Robert Harrow, ValuePenguin


Interest Rates
Regular APR Interest Rate 21.49% ‐ 28.49% (Variable)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate

Cash Advance Interest Rate 28.49% (Variable)

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $0.00
Balance Transfer Fee
Cash Advance Fee 3%

Minimum of $5 (Either $5 or 3% of the amount of each cash advance, whichever is greater)

Foreign Transaction Fee $0.00
Over Limit Fee $0.00
Late Payment Fee $39.00


Sign up bonus No
All Purchases 2% cash back
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees Yes
Emergency Assistance Yes
Concierge Service Yes
Price Protection Yes
Fraud Protection Yes
Free Credit Scores No
Wireless Payments No
Virtual Cards No
Additional Benefits
  • Airport lounge access
  • Roadside assistance
  • Baggage delay insurance
  • Hotel/motel burglary insurance
  • Lost or damaged luggage insurance
  • Trip cancellation insurance
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
Additional comments

Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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