PayPal Cashback Mastercard® Review
2022.5 Update: The newly improved cashback structure is: earn 3% cashback if you make the payment via PayPal; and earn 2% cashback on all other purchases! There’s also a new $100 welcome offer.
Application Link
Benefits
- $100 offer: earn $100 after spending $500 in the first 90 days.
- Earn 3% cashback if you make the payment via PayPal; and earn 2% cashback on all other purchases!
- Redeem Cash Rewards right to your PayPal balance and use them whenever you want. No redemption threshold.
- No annual fee.
Disadvantages
- It has foreign transaction fee, so it's not a good choice outside the US.
Summary
Previously this card is a simple no annual fee 2% cashback card. After the improvement in 2022, it can also earn 3% cashback if you make the payment via PayPal! This is a very strong cashback structure. If you spend a lot on websites supporting PayPal, then this card is very useful. If you don’t spend a lot on PayPal, then there’s other no annual fee 2% cashback cards to consider, such as: Citi Double Cash (DC).
Historical Offers Chart
Application Link
Share this post with friends
If you like this post, don't forget to give it a 5 star rating!
[Total: 3 Average: 4.7/5]