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PayPal Cashback Mastercard®

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Our rating
Min. credit level: Fair
Annual Fee: $0
Regular APR: 22.24%, 26.24% or 29.24% Variable

PayPal Cashback Mastercard®

Our rating
Fair Min. credit level
$0 Annual Fee
Apply Now Read Our Review

Highlights & Features


Spending Rewards
  • 2% cash back on all purchases

Balance Transfers

A balance transfer is a way to move debt from one card to another with the goal of saving money on interest.

Intro Balance Transfer APR N/A
Regular Balance Transfer APR N/A
Balance Transfer Fee N/A
How to Transfer a Balance on a Credit Card


Penalty APR N/A
Late Fee Up to $38
Returned Payment Fee N/A
Additional Cards Annual Fee N/A
Foreign Transaction Fee 3%
Learn About Types of Credit Card Fees

Cash Advances

Borrowing cash on your card is a cash advance. Cash advances usually come with very high fees. Even worse, cash advances can signal to lenders that you’re being irresponsible with money.

Cash Advance APR 29.24% Variable
Cash Advance Fee 3%, $5 minimum
How to Get a Cash Advance with a Credit Card

Card Benefits

  • Zero Liability on Unauthorized Charges
PayPal Cashback Mastercard®


  • Earn 2% cash back* every day, every time you make a purchase with your card. No exceptions. No rotating categories to keep track of.
  • Redeem Cash Rewards right to your PayPal balance^ and use them however you want. No redemption threshold.
  • Use your PayPal Cashback Mastercard to shop everywhere Mastercard is accepted. No purchase restrictions.
  • No Annual Fee**

*Purchases subject to credit approval. See Rewards Program Terms for details. To earn Cash Rewards, you must have an open PayPal Account in good standing to which your Card Account is linked. If your PayPal Account is closed for any reason, or if your Card Account is no longer linked to your PayPal Account, your Card Account will be closed and any Cash Rewards earned, but not redeemed, will be forfeited.

**See Rates and Fees for details.

^Important information on redeeming Cash Rewards to your PayPal balance: You need to have a PayPal Cash or PayPal Cash Plus account to have a balance. If you do not have one of those accounts, you can only transfer your Cash Rewards to your bank account or debit card linked to your PayPal account.

The PayPal Cashback Mastercard is issued by Synchrony Bank pursuant to a license by Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.



Synchrony has several card types depending on your needs.

Manage your Account & Pay your Bill

You can usually pay your bill online on your

Credit card issuer's website

Speak to Customer Service

1-888-221-1161 or

Try a different phone number
See all Issuer Cards

The PayPal Cashback Mastercard is a rewards card issued by Synchrony Bank that offers an unlimited 2% cash back rate for every purchase you make.

This rewards program has no redemption threshold, and you can redeem cash back rewards at any time for a statement credit, among other options. If you want to redeem cash rewards to your PayPal balance, you’ll need to either have a PayPal Cash or PayPal Cash Plus account.

This PayPal credit card has no annual fee, and comes with a purchase APR of 22.24%, 26.24% or 29.24% Variable.

This card has no signup bonus and doesn’t allow balance transfers, but comes with Identity Theft Protection and other Mastercard benefits.

To apply for this card you’ll need a PayPal account in good standing. If you close your PayPal account or if your card becomes unlinked, your account will be closed and your cash rewards will be forfeited.

The only other fee-free rewards credit card that provides a flat-rate unlimited 2% cash back is the Citi® Double Cash Card – 18 month BT offer, which is a cash back credit card that comes with a balance transfer intro APR offer and some decent perks (you must pay at least the minimum due on time to earn rewards).

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