PayPal CashBack MasterCard Review

The PayPal Cash Back Mastercard offers good rewards rate on all of your purchases. A 2% cashback on every executed purchase at any MasterCard approved station.
Analysis of Paypal Cashback Mastercard benefit

  • PayPal Cashback Mastercard offers high rate cashback rewards on every item purchased with the card. 2% cash back reward coupled with $0 annual fee is highly robust and competitively in the industry. Some cashback MasterCard offers 1 to 1.5% reward to its users, while some charge their users on a monthly or yearly basis.
  • Enjoy unlimited 2% cashback whenever you shop or purchase anything with your PayPal Cashback Mastercard, everywhere Mastercard is accepted. You can set your card as your preferred payment method so as to not miss any reward. You can use cashback MasterCard to pay your monthly bills and subscriptions to maximize your earnings. There is no exception on PayPal when it comes to earnings.
  • Most competitors charge their users as high as 3% on their foreign transaction, PayPal Cashback Mastercard won’t charge a dime regardless of where the merchant is based.
  • PayPal cashback Mastercard Cardholders automatically receive zero liability for any unauthorized charges that take place on their account. PayPal identity theft protection is quite solid.
  • There is no redemption threshold, you don’t have to achieve a certain amount before you can redeem your earnings, unlike other competitors. You can redeem your reward whenever you want to your PayPal account, there is no limit to it, and it doesn’t expire.
  • Paypal cashback MasterCard features allow users to share their Mastercard with family. You can add anybody of your choice as an authorized to your account and earn rewards on all of their purchases, as well, this will help you maximize your earnings.
  • There is no annual fee, it is quite rare to find a cashback MasterCard with no annual fee coupled with 2% cash back reward on all users purchases.
  • Customer Service representative for PayPal Cashback Mastercard is available around the clock. You can contact them for any kind of assistance via – 866-780-6221, 24 hours/day, 7 days/week.
  • Paypal cashback Mastercard offers microchip Technology ( EMV Chip ) that makes shopping more secure at any chip-enabled terminals around the world.
    Cons
  • No signup bonus: There‚Äôs no welcome bonus, unlike many other rewards credit card that offer huge sign-up compensation to their users, this attracts a lot of people. PayPal does not offer any sort of sign-up reward, but it offers 2% cashback which is very rare in the industry. Therefore, a card with high earning rate with no sign-up bonus will be more preferable to a card with a low earning rate coupled with a huge sign-up bonus in the long run.
  • PayPal cashback MasterCard is issued by Synchrony Bank, which is quite strict for the cardholder, Synchrony Bank does not want to find any issue with your credit history. You must have a healthy credit score and also your account must be in good standing.
  • PayPal account is essential: The Pay Pal cashback Mastercard requires you to have a PayPal account where you can transfer your rewards to as credit. You Can only redeem rewards as statement credits to your PayPal account while other credit cards allow you to transfer your rewards to other cards, use them for a variety of rewards such as cash back, merchandise and vacation.
  • The APR is relatively high, which means if you don’t have a healthy credit the APR could be as high as 28.74 per cent, which is extremely high.
  • 3% fee may apply to any cash advances, also there’s is a fee applied to late payment.

Also read https://techyrevs.com/paypal-personal-account-vs-paypal-business-account-vs-paypal-premier-account/