- The PayPal Cashback Mastercard can be used for purchases on PayPal, as well as in stores and online – everywhere Mastercard is accepted.
- Earn 2% cash back* on everything you buy – all while enjoying no annual fee**. Simply shop, earn and redeem. See Rates and Fees
- Redeem your Cash Rewards at any time – no redemption threshold
- No rotating rewards categories and no restrictions on purchase types
- Zero fraud liability
- *Purchases subject to credit approval. Learn more about Rewards Program Terms and important information on redeeming Cash Rewards to your PayPal balance.
- **For New Accounts: Variable Purchase APR is 22.24%, 26.24% or 29.24%. The APRs are accurate as of 1/1/2019 and will vary with the market based on the Prime Rate (as defined in your credit card agreement). Minimum interest charge is $1.50 for all types of cards in any billing cycle in which you owe interest.
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