![]() No Annual Fee: Some of the major cards in the rewards category require an annual fee.As long as it’s a purchase of a good or service, you should get at least 2% cash back. I checked the fine print for what types of transactions would be prohibited from earning the cash back, and there were no surprises. An unlimited 3% back on purchases made with PayPal either in person or online, plus an unlimited 2% everywhere else Mastercard is accepted, is very strong. Cash Back Rewards: The selling point for this card is this cash back rewards program.PayPal Cashback Mastercard®: Card Specs and Perksīefore we get too far into whether or not this card might be the right choice for you, let’s take a look at some of the perks and drawbacks of the card from the fine print. We determined that the 2% unlimited cash back offering alongside the 3% back earned using PayPal is attractive enough to warrant consideration alongside the Citi Double Cash, which we have ranked as the top “everyday cash back card” based on its unlimited 2% cash back rewards.Īs you’re making your decision on whether the PayPal cash back credit card is a fit for you, please use Team Clark’s review of the card in conjunction with money expert Clark Howard’s 7 Rules for Using Credit Cards. The PayPal Cashback Mastercard is one of the options we evaluated. Team Clark has spent some time reviewing the cash back rewards credit card market. ![]() Difference Between PayPal Cashback Mastercard® and Citi® Double Cash Card – 18 month BT offer.What Is the PayPal Cashback Mastercard®?.Team Clark explored the viability of the PayPal Cashback Mastercard in this review by digging into the fine print, exploring the cash back rewards program and completing a head-to-head comparison with the Citi Double Cash card. This number matches the 2% (1% as you spend, 1% as you pay for those purchases) offered by the card_name, which is one of money expert Clark Howard’s favorite credit cards.Ī card overhaul in June 2022 now offers up to 3% back on purchases made with the card through PayPal. The PayPal Cashback Mastercard®has long offered a competitive unlimited 2% cash back rewards on everyday purchases. If you’re in the market for a cash back credit card, online payment giant PayPal has a contender worth considering in 2023. ![]()
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