Am I eligible?
To get this card, you must also:
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...
- Nick Cole, ClarkIf 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...
- Robin Ratcliff, CreditCards.comThough the PayPal Cash Back Mastercard offers good rewards rate, cardholders who are not regular PayPal users may find the redemption options too cumbersome.
- Gregory Karp, NerdWalletIf 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...
- Jeff Gitlen, LendEDUWhile 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...
- Robert Harrow, ValuePenguinThe 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.
Details
| 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 Maximum |
| Promotions | |
| Sign up bonus | No |
| Rewards | |
| 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 |
|
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments |
|
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.
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.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.
Use this card?
Help inform others by sharing your experience with PayPal Cashback Mastercard®