I recently got my hands on a PayPal Mastercard and I have to say, I’m impressed. For those who don’t know, the PayPal Mastercard is a credit card that can be used anywhere Mastercard is accepted. It’s linked to your PayPal account, so you can use it to make purchases online and in-person, as well as withdraw cash from ATMs.
One of the standout features of the PayPal Mastercard is the cashback rewards program. You can earn 2% cashback on every purchase you make with the card, which is a great way to save money on everyday expenses. Plus, there are no annual fees or foreign transaction fees, making it a great option for frequent travelers.
Overall, I think the PayPal Mastercard is a solid choice for anyone looking for a credit card with good rewards and no annual fees. If you’re already a PayPal user, it’s a no-brainer to add this card to your wallet.
Overview of PayPal Mastercard
As someone who frequently uses PayPal for online transactions, I was excited to learn about the PayPal Mastercard. This credit card is designed to work seamlessly with your PayPal account, making it easy to manage your finances all in one place. In this section, I’ll provide an overview of the PayPal Mastercard, including the different types available and the key features that make it a great choice for PayPal users.
Types of PayPal Mastercard
There are two types of PayPal Mastercard: the PayPal Cashback Mastercard and the PayPal Extras Mastercard. The Cashback Mastercard is a straightforward cashback credit card that offers 2% cash back on every purchase you make. The Extras Mastercard, on the other hand, offers points for every purchase you make, which can be redeemed for things like gift cards, merchandise, and travel rewards.
Key Features
One of the biggest advantages of the PayPal Mastercard is that it’s designed to work seamlessly with your PayPal account. This means you can easily manage your credit card and PayPal balance all in one place. You can also use your PayPal Mastercard to make purchases anywhere Mastercard is accepted, which is pretty much everywhere.
Another great feature of the PayPal Mastercard is that there’s no annual fee. This means you can enjoy all the benefits of a credit card without having to pay extra just for the privilege of using it. Additionally, the Cashback Mastercard offers a generous 2% cash back on every purchase, which can add up quickly if you use your credit card frequently.
Overall, the PayPal Mastercard is a great choice for anyone who frequently uses PayPal for online transactions. With its seamless integration with your PayPal account, generous rewards program, and no annual fee, it’s definitely worth considering if you’re in the market for a new credit card.
Applying for a PayPal Mastercard
As a PayPal customer, you may be interested in applying for a PayPal Mastercard to enjoy exclusive benefits such as cash back rewards and fraud protection. Here is what you need to know about applying for a PayPal Mastercard.
Eligibility Criteria
To apply for a PayPal Mastercard, you must meet the following eligibility criteria:
- You must be a PayPal account holder in good standing.
- You must be at least 18 years old.
- You must have a valid Social Security number or Individual Taxpayer Identification Number (ITIN).
- You must have a U.S. mailing address.
- You must not have any unresolved issues with PayPal.
If you meet these criteria, you can apply for a PayPal Mastercard online or through the PayPal app.
Application Process
To apply for a PayPal Mastercard, follow these steps:
- Log in to your PayPal account.
- Click on the “PayPal Extras Mastercard” link under the “Products & Services” section.
- Click on the “Apply Now” button.
- Fill out the application form with your personal information, income, and employment details.
- Review and submit your application.
Once you submit your application, you will receive a decision within seconds. If approved, you will receive your PayPal Mastercard in the mail within 7-10 business days.
In conclusion, applying for a PayPal Mastercard is a simple and straightforward process that can be completed online or through the PayPal app. By meeting the eligibility criteria and following the application process, you can enjoy the benefits of a PayPal Mastercard, such as cash back rewards and fraud protection.
Benefits of Using PayPal Mastercard
As an avid user of the PayPal Mastercard, I can confidently say that there are several benefits to using this card. Here are a few reasons why I believe the PayPal Mastercard is a great choice for anyone looking for a reliable credit card:
Cashback and Rewards
One of the most significant benefits of using the PayPal Mastercard is the cashback and rewards program. Cardholders can earn up to 2% cashback on all purchases, which is a great way to save money on everyday expenses. Additionally, the card offers rewards for specific purchases, such as 3% cashback on gas and restaurant purchases and 2% cashback on PayPal and eBay purchases. These rewards can add up quickly and can be redeemed for statement credits or PayPal balance.
Security and Protections
Another benefit of using the PayPal Mastercard is the security features and protections that come with the card. The card has a chip and PIN technology, making it more secure than traditional magnetic stripe cards. Additionally, the card offers zero liability protection, which means that cardholders are not responsible for unauthorized purchases made with their card. The PayPal Mastercard also offers fraud protection and identity theft resolution services, which can help protect cardholders in the event of fraud or identity theft.
Conclusion
Overall, the PayPal Mastercard is a great choice for anyone looking for a reliable credit card with cashback and rewards programs and robust security features.
If you are interested in applying for the PayPal Cashback Mastercard, you can do so on the PayPal website or through the PayPal app.