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PayPal Cashback Mastercard® review

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Advertiser Disclosure

Annual Fee
Interest Rate: Purchases
20.24% ‐ 32.24% (Variable)
Interest Rate: Purchases
20.24% ‐ 32.24% (Variable)
Balance Transfer
Balance Transfer
2% cashback (cashback rewards*)
2% cashback (cashback rewards*)
Signup Bonus
$100 after spending $500
Signup Bonus
$100 after spending $500

Informr score
The PayPal Cashback Mastercard® currently has an Informr score of 8.2 out of 10. This score is based on our evaluation of 11 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...

The Ascent
The Ascent

This card doesn't offer a bonus or intro APR, but getting up to 3% cash back makes up for it.

- Lyle Daly, The Ascent
Money Crashers
Money Crashers

PayPal Cashback Mastercard® is not a particularly complicated credit card. It earns up to 3% cash back on eligible purchases (specifically, PayPal purchases) and unlimited 2% back on eligible purchases wherever Mastercard is accepted. If that sounds like a good deal, this card should be at or near t...

- Brian Martucci, Money Crashers

The PayPal Cashback Mastercard is a solid cash-back credit card for consumers looking for simplicity and a way to save on their purchases. However, it’s light in other benefits and features.

- Brett Holzhauer, CNBC

It's one of the best flat-rate cash-back cards on the market — as long as you're willing to have and use a PayPal account.

- Gregory Karp, NerdWallet

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 gamechanger for this...

- Nick Cole, Clark


Interest Rates
Regular APR Interest Rate 20.24% ‐ 32.24% (Variable)

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

Balance Transfer Interest Rate

Cash Advance Interest Rate 32.24% (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 5%

Minimum of $10

Foreign Transaction Fee 3%
Over Limit Fee $0.00
Late Payment Fee $40.00


Sign up bonus $100 after spending $500

On purchases within the first 90 days

All Purchases 2% cash back

3% cash back when you check out with PayPal

Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty No
Purchase Protection No
Zero Liability No
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection No
Free Credit Scores No
Wireless Payments Apple Pay, Google Pay
Virtual Cards Yes
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
Additional comments

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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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