Paypal Mastercard Credit Card Comparison and Review Guide

Paypal Mastercard credit cards offer a range of benefits, including no foreign transaction fees.

The cards are designed for frequent travelers, with rewards programs that earn points on every purchase.

One key feature of the cards is the ability to earn 3% cash back on gas and 2% on dining purchases, making them a great option for those who spend a lot on these categories.

These cards also offer a 0% introductory APR for 6-12 months, which can be a huge help for those who need to finance a large purchase.

The PayPal Cashback Mastercard is a credit card that offers cash back rewards, but it's not just any ordinary credit card. You can earn 3% cash back when you check out with PayPal and choose your PayPal Cashback Mastercard for payment.

One of the unique benefits of this card is that you can earn 1.5% cash back on all other purchases where Mastercard is accepted.

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To redeem your cash rewards, you'll need to have a PayPal Balance account, which allows you to use your rewards in your balance. If you don't have that account, you can only transfer your cash rewards to your bank account or debit card linked to your PayPal account.

Your card will be mailed within 7-10 business days, and it's essential to activate your credit card immediately to ensure your full credit line is available to you.

Once you're approved, you can start using your virtual card and temporary credit line right away through your PayPal account, wherever PayPal is accepted.

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The Paypal Cashback Mastercard earns 3% cashback on any purchase paid with Paypal online or in-store. This is a great incentive for those who frequently use Paypal for their transactions.

The card also offers 2% cashback on all other purchases, making it a versatile option for everyday spending. This means you can earn rewards on a wide range of purchases, not just those made through Paypal.

There's no annual fee to worry about, making this card a cost-effective choice for those who want to earn rewards without added expenses.

The PayPal Cashback Mastercard is a great option for those looking to earn cashback rewards. It earns 3% cashback on any purchase paid with PayPal online or in-store and 2% cashback on all other purchases.

One of the best things about this card is that it has no annual fee, making it a very affordable option for anyone looking to earn cashback rewards. You can also earn a $100 signup bonus for new card applicants.

To apply for the PayPal Cashback Mastercard, you'll need to have a PayPal account. If you don't have one, you can sign up for it on the PayPal homepage. Once you're logged in, follow the prompts to apply for the card.

The application process is relatively straightforward, and you'll need to provide some basic information such as your name, address, social security number, and annual salary. Be prepared to review and agree to the terms and conditions, including a card security option that charges $1.66 per $100 on the balance per month.

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Here's a breakdown of the cashback rewards you can earn with the PayPal Cashback Mastercard:

After you submit your application, it's subject to credit approval. PayPal will let you know if you've been approved and at what APR – annual percentage rate.

The PayPal Cashback Mastercard and PayPal Extras Mastercard are two popular options for frequent PayPal users. Both cards offer rewards and cash back, but they work differently.

The PayPal Cashback Mastercard gives you 2% cash back on every purchase, with no annual fee. This card is perfect for those who want a straightforward cash back rewards program.

The PayPal Extras Mastercard, on the other hand, offers a point system with three tiers: 1 point per $1 spent on most purchases, 2 points per $1 spent on PayPal and eBay purchases, and 3 points per $1 spent on gas and restaurants. You can redeem these points for gift cards, merchandise, cash back, or travel vouchers.

Both cards have a Regular APR of 19.99%, 23.99%, or 26.99%, and neither has an annual fee. However, the PayPal Extras Mastercard has a foreign transaction fee of 3% of every transaction.

Here's a quick comparison of the two cards:

Remember, both cards offer no annual fee, but the PayPal Extras Mastercard has a foreign transaction fee.

To apply for a PayPal Mastercard, you'll need a PayPal account, which you can sign up for if you don't already have one. The application process is entirely online and can be managed through your PayPal login.

You can choose between the PayPal Cashback Mastercard and the PayPal Extras Mastercard, both of which are issued by Synchrony Bank. To get started, go to the PayPal homepage and click on the personal tab at the top of the page.

The application process involves filling out and confirming your application information, including your name, address, social security number, and annual salary. This information is used to determine your creditworthiness and will be pulled from your Transunion credit report.

The credit line offered on PayPal Mastercards can vary greatly, ranging from a few hundred dollars to as much as $10,000 or more. You can expect automatic credit limit increases early on after you're in good standing for a few months.

If you're considering applying for the PayPal Cashback Mastercard, you'll want to know about the signup bonus. New cardholders can get a cash back reward after meeting a specific spending requirement within a certain timeframe.

The PayPal Cashback Mastercard offers a $100 cash back reward after spending $500 within 3 months. However, a targeted email I received offered a $150 sign-up bonus on $500 spend, which is a more generous offer.

To qualify for the signup bonus, you'll need to spend the required amount within the specified timeframe. Make sure to review the terms and conditions to understand the exact requirements and any potential restrictions.

To apply for a PayPal Mastercard, you'll need to have a PayPal account, which is a straightforward process. You can create one if you don't already have one.

The application process is entirely online, and you can manage your card through your PayPal login. This means you'll need to log in to your PayPal account to apply, and you can do this by going to the PayPal homepage and clicking on the personal tab.

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Synchrony Bank issues the PayPal Mastercard, and they're responsible for customer service. You can expect them to pull your Transunion credit report as part of the application process.

Most people with credit scores above 630 are approved for the card, although there are some exceptions. Synchrony cards are generally considered easier to get approved for.

You can expect your credit line to vary, ranging from a few hundred dollars to as much as $10,000 or more. You'll also be eligible for automatic credit limit increases after a few months of being in good standing.

The regular spending rewards rate is currently 1.5%.

The PayPal Mastercard credit card is a useful option for those who regularly use PayPal and eBay. It offers a solid management system, making it easy to see, redeem, and transfer cash back to your bank account.

Both the PayPal Cashback Mastercard and the PayPal Extras Mastercard have no annual fees, and Mastercard is a globally accepted payment option.

One of the benefits of the PayPal Cashback Mastercard is that you'll get 2% cash back on every single purchase, with no minimum to redeem. This is a great perk for frequent PayPal users.

However, if you don't use PayPal often, there are drawbacks to consider. Other credit cards may offer higher cash back rates and more enticing perks.

The PayPal Extras Mastercard offers great rewards for frequent users at gas stations, restaurants, or through PayPal and eBay. But hitting the minimum requirements for redemption may take a long time, especially for other purchases.

Here's a breakdown of the reward points system for the PayPal Extras Mastercard:

I'm excited to share with you the special offers that come with the PayPal Mastercard credit card.

You can earn 2% cashback on all purchases, which is a great way to save money on your daily expenses.

The card also offers a 0% introductory APR for 6 billing cycles, giving you some breathing room on your payments.

With the PayPal Mastercard, you can also enjoy purchase protection, which covers your purchases against theft or damage.

Plus, there are no foreign transaction fees, making it a great option for international travel.