PayPal Business Cashback Mastercard®
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The PayPal Business Cashback Mastercard® is a business card designed for business owners who prefer to pay with PayPal. If you do that, you’ll earn an unlimited 3% cash back on every purchase. All other purchases earn 2% cash back. Other benefits include cell phone protection and ID theft protection. There is no welcome offer, nor is there a 0% introductory APR offer. There are a few requirements to apply for this card. You need a PayPal Business account, minimum annual revenue of $5,000, and own a business that’s at least a year old. We dive into the details and your approval odds in this PayPal Business review.
Our Rating
4.0/5.0
Welcome Offer
None
Annual Fee
$0
0% on Purchases
N/a
Reward Rate
2% to 3% cash back
0% on Balance Transfers
N/a
Welcome Offer
None
Features & Benefits
| Security | EMV Chip Enabled, Fraud Monitoring, Zero Liability, Alerts, Identity theft protection |
| Contactless Payments | Tap to Pay, Apple Pay, Google Pay, Samsung Pay, PayPal |
| Benefits | Cell Phone Protection, Extended Warranty Coverage, 24/7 customer service |
| Travel Perks | Auto Rental Collision Damage Waiver |
Rewards
Interest Rates & Fees
| Annual Fee | $0 |
| Foreign Transaction Fee | None |
| Regular APR | 18.49% to 29.99% (V) APR |
What Credit Score Is Required to Get the PayPal Business Cashback Mastercard®
The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use numerous factors in their underwriting process, and these factors can change at any time.
Lowest Approved Credit Score: 680
Average Approved Credit Score: 707
| App Status | Date | Credit Score | Bureau | Credit Limit |
|---|---|---|---|---|
| Approved | 04/14/2023 | Not Provided | ||
| Approved | 03/10/2023 | TransUnion | ||
| Approved | 02/03/2023 | Experian |
Pros & Cons
- No annual fee
- No foreign transaction fee
- 3% cash back on PayPal purchases
- No welcome bonus
- High APR
- Requires good credit
What Are the Best Alternatives?
Ink Business Cash® Credit Card
Rating
4.8
Rewards Range
1%-5%
Annual Fee
$0
The American Express Blue Business Cash™ Card
Rating
4.6
Rewards Range
1% - 2%
Annual Fee
No annual fee
Capital One Spark Cash Plus
Rating
4.8
Rewards Range
2% to 5%
Annual Fee
$150