Credit Cards

Earn up to 3% cash back: PayPal Cashback Mastercard® review

Earn unlimited cash back on all your purchase and pay $0 annual fee! Keep reading and learn more about the PayPal Cashback Mastercard®!


Find out if this is the perfect Paypal card for you

PayPal Cashback Mastercard®
Earn up to 3% cash back: PayPal Cashback Mastercard® review. Source: PayPal

The PayPal Cashback Mastercard® review, A valuable cash-back card with no annual fees and unlimited rewards.

PayPal Cashback Mastercard®

Apply for PayPal Cashback Mastercard®

Discover how to apply for the PayPal Cashback Mastercard®, PayPal lover's favorite card – up to 3% cash back on purchases! Read on and learn!

Is it worth adding to your wallet? What are the pros and cons? Further, let’s find out.

  • Credit Score: 690-850 (Good – Excellent);
  • Annual Fee: $0;
  • Purchase APR: 19.99%, 28.99%, or 31.99% (variable); 
  • Cash Advance APR: 31.99% (variable);
  • Welcome Bonus: N/A;
  • Rewards: Earn 3% cash back on Paypal purchases and unlimited 2% on all other purchases.

PayPal Cashback Mastercard®: how does it work?

The PayPal Cashback Mastercard® is an excellent credit card option that provides a very appealing cashback program when it’s used for PayPal payments.

This card requires a PayPal account, which is easy to set up, use, and manage.

So let’s see how it stacks up. 


One of the key advantages of this card is its simplicity and flexibility.

Unlike many other credit cards with rewards limitations, the PayPal Cashback Mastercard® offers unlimited cashback rewards at millions of stores.

When using PayPal, cardholders earn 3% cash back on eligible purchases, including popular platforms like eBay, Netflix, Airbnb, American Airlines, and United Airlines.

Additionally, all other purchases earn an unlimited 2% cash back.

It’s important to note that authorized users do not qualify for the 3% cashback, as they are not required to have a PayPal account.


One of the appealing features of this card is the ease of redeeming cashback rewards.

Cardholders can easily redeem their earned rewards to their PayPal account balance and use them wherever they prefer.


The Tap & Go® functionality provides convenient and secure payments.

Also, the 24/7 Identity Theft Protection™ offers peace of mind against potential identity theft.

Multiple personalized credit card offers

Applying won't hurt your credit score

You will be redirected to another website


There is a foreign transaction fee of 3% for each transaction, as well as a cash advance fee of $10 or 5%, whichever amount is greater. 

Late payments may incur a fee of up to $40, and returned payments may result in a $29 fee.

PayPal Cashback Mastercard®: should you get one?

PayPal Cashback Mastercard®
Discover PayPal Cashback Mastercard® main features. Source: The Mad Capitalist

If you’re already a PayPal user and do a lot of shopping through PayPal, this card might be a good fit for you.

Here are some pros and cons to review before applying for the PayPal Cashback Mastercard®.


  • No annual fee;
  • Online management;
  • High cashback rate;
  • Earn cash back on every purchase.


  • No sign-up bonus;
  • No intro APR period;
  • Requires membership.

Credit score required

The recommended credit score for the  PayPal Cashback Mastercard® is 690-850 (Good – Excellent).

PayPal Cashback Mastercard® application: how to do it?

If you want to apply for the PayPal Cashback Mastercard®, check out our post below and get a guide to simplify the process. So read on and learn more!

PayPal Cashback Mastercard®

Apply for PayPal Cashback Mastercard®

Discover how to apply for the PayPal Cashback Mastercard®, PayPal lover's favorite card – up to 3% cash back on purchases! Read on and learn!

About the author  /  Suzana Brito

I'm a Language Studies graduate and have always been interested in writing and sharing knowledge. By creating content about finances and related products, I believe in contributing to people achieving financial freedom and their goals in life.

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