PayPal Cashback Mastercard
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The PayPal Cashback Mastercard is a cash back card designed for anyone seeking decent cash back rewards and no annual fee. It offers 3% cash back on PayPal purchases and 2% cash back on everything else: no rotating categories, nothing to keep track of. However, you won’t get a welcome bonus or an 0% introductory APR, and it’s a little skimpy on other rewards.
Our Rating
4.9/5.0
Welcome Offer
None
Annual Fee
$0
0% on Purchases
Reward Rate
2% to 3%
0% on Balance Transfers
Welcome Offer
None
Features & Benefits
| Security | EMV Chip Enabled, Fraud Monitoring, Zero Liability, Identity theft protection |
| Contactless Payments | Tap to Pay, Google Pay, Samsung Pay, PayPal |
| Benefits | Purchase Protection, 24/7 customer service |
| Travel Perks | None |
Rewards
Interest Rates & Fees
| Annual Fee | $0 |
| Foreign Transaction Fee | 3% of each transaction. |
| Regular APR | 20.24% to 32.24% (V) APR |
What Credit Score Is Required to Get the PayPal 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: 650
Average Approved Credit Score: 789
| App Status | Date | Credit Score | Bureau | Credit Limit |
|---|---|---|---|---|
| Approved | 01/19/2023 | Not Provided | ||
| Approved | 04/14/2023 | Not Provided | ||
| Approved | 09/29/2023 | TransUnion | ||
| Approved | 02/02/2024 | Equifax | ||
| Approved | 02/02/2024 | Experian | ||
| Approved | 02/02/2024 | Experian | ||
| Approved | 02/02/2024 | Equifax | ||
| Approved | 02/02/2024 | TransUnion | ||
| Approved | 02/02/2024 | TransUnion | ||
| Approved | 12/30/2023 | Not Provided |
Pros & Cons
- No annual fee
- Up to 3% cash back
- No welcome bonus
- High APR
- Foreign transaction fee
- Requires good credit
What Are the Best Alternatives?
Citi® Double Cash Card - 18 month BT offer
Rating
4.9
Rewards Range
1% to 2%
Annual Fee
$0
Synchrony Premier World Mastercard®
Rating
4.6
Rewards Range
2%
Annual Fee
$0
Capital One Spark Cash Select for Excellent Credit
Rating
4.7
Rewards Range
1.5% - 5%
Annual Fee
$0