Yes, PayPal does offer a business credit card, the PayPal Business Credit Card. This card offers unlimited 2% cash back on every purchase you and your employees make. On top of that, the PayPal Business Credit Card has a $0 annual fee. At least good credit is required for high chances of approval.
Keep in mind, though, that you can link any major credit card to your PayPal account. To add a business credit card to PayPal:
You can get a PayPal Cashback Credit Card by applying for one online, but you need at least good credit to qualify for approval. The issuer will also take into account your income, debt and number of open accounts, among various other factors when considering your application.
Log in to your PayPal account to access the application.
Fill out and submit the application, making sure all your personal information is correct.
Wait for a decision. You could be approved instantly, or it might take up to 30 days.
Keep in mind that you don’t need a PayPal Cashback Credit Card to use a credit card on PayPal. For example, the PayPal Cashback Credit Card doesn’t offer a 0% introductory APR, so it’s not ideal for financing. You might benefit more from a card like the Wells Fargo Active Cash® Card that awards cardholders with 2% cash rewards on all purchases. This card also offers a 0% intro APR on purchases for 15 months from account opening (18.74% - 28.74% Variable regular APR).
The biggest differences between PayPal and Visa are their roles in the payment process as well as where and how they are used. While PayPal is an online service that secures virtual payments using end-to-end encryption, Visa is a card network that facilitates transactions by connecting consumers, banks, and merchants. PayPal is almost always used online, while Visa transactions usually involve a physical card and can be made both in-person and online.… read full answer
Advanced authorization security, zero fraud liability
U.S. Merchant Acceptance
Accepted at 712 of the top 1,000 online retailers
Accepted at 980 of the top 1,000 online retailers
Thanks to their different roles, PayPal and Visa can be used together for online transactions. By linking a Visa card to your PayPal account, you will still get Visa’s advanced authorization security system and zero liability policy, plus extra security from PayPal’s end-to-end encryption. Visa cardholders won’t miss out on credit card rewards or network benefits when paying through PayPal, either. By linking Visa with PayPal, consumers can take advantage of all that both companies have to offer.
Getting your first business credit card is beneficial because it often comes with a higher credit limit than a personal credit card. Business cards also come with better rewards; you can make the same purchases you normally would for your business and earn more points. Businesses can also distribute credit cards to employees as expense accounts. All eligible spending on an employee’s business card earns rewards toward your account.… read full answer
5 Steps for Getting Your First Business Credit Card
Check your credit, because most issuers will decide about your application partly based on your personal credit score
Keep in mind that even a side hustle or freelancing makes you eligible for a small business credit card
Find the business credit card that best suits your needs. Maybe you want travel rewards, or rewards you can redeem for business related purchases like office supplies. Weigh your options, but also your needs. By having higher credit limits, rewards business cards could be very lucrative
Pay attention to the requirements and apply for the business card of your choice
Be responsible by always paying your bills on time and possibly in full
Another great advice about business credit cards is to try to use them for business expenses only. It’s best to keep personal and business spending separate.Whatever your needs may be, you have plenty of good business cards to choose from.
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