PayPal Cashback Credit Card Reviews: Is It Worth It? (2023)Reviews, rates, fees, and rewards details for The PayPal Cashback Credit Card. Compare to other cards and apply online in secondsJohn KiernanWalletHub
Info about PayPal Cashback Credit Card has been collected by WalletHub to help consumers better compare cards. The financial institution did not provide the details.
Rewards%APR38Reviews9Q&AContact
RewardsAPRWalletHub ReviewQ&ACustomer Reviews
Accepted Credit Scores
Accepted Credit Scores
Excellent Credit, Good Credit
Annual Fee
$0
Rewards
Earn 3% cash back on eligible purchases using your card account through your PayPal account or whenever you’re sending money to other users.
Earn 2% cash back on every purchase, every day – everywhere Mastercard is accepted.
Conveniently redeem your Cash Rewards directly into your PayPal balance.
Can't find what you are looking for? Submit your question about PayPal Cashback Credit Card to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this card.
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 (19.99% - 29.99% Variable regular APR).
All in all, the PayPal Cashback Credit Card has very decent rewards. But the best credit cards for online shopping on the market can give you much more.
No, the PayPal Cashback Credit Card doesn't do a soft pull when you apply, it does a hard pull on your credit report. A hard inquiry usually results in a slight decrease in an applicant's credit score, but the effect only lasts for a short period of time. The hard inquiry allows the issuer to determine your credit...
Yes, the PayPal CashBack will do a hard pull. You will need a credit score of at least 700 to get it. There is no way to pre-qualify for the PayPal CashBack.
A hard pull usually causes an applicant's credit score to drop by 5-10 points. Most people's scores...
Yes, you can use your PayPal Cashback Credit Card everywhere that accepts cards on the Mastercard network. That means you can use the card virtually everywhere in the world.
The PayPal Cashback Credit Card has a foreign transaction fee of 3%, which means you will incur extra charges for international purchases. The...
Share your insights and review the PayPal Cashback Credit Card
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34%
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13%
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47%
2.6
38 reviews
38 reviews
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charlie1goodboy @charlie1goodboy
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1 Star Rating
Just be careful! I was approved with a nice credit line, use it a few times for small amounts, made a payment before my due date and they just closed my account for no reason! I called to ask why and was told I will get a letter… I don’t care for the card but obviously it hurts my credit score and I think that’s totally unacceptable. So just beware!
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Mabry Ashburn @Mabryashberry
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1 Star Rating
Worst customer service. Don't get this card. I was charged erroneously by a merchant and filed a dispute with PayPal Mastercard. They kept messing up, and then said they credited me back, but it never actually got credited to my account. I waited a month and called them back, and they kept closing my case. I showed them my statements and asked them where is the credit. This went back and forth for 6 months and I still haven't received my money. I'm going to take the loss and close my account and will never use PayPal again. Their customer service is based in India and is the worst customer service I've ever dealt with.
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Ashley Hemsath @malicat
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1 Star Rating
I made a payment on my card April 21st. It cleared my bank on April 24th. I've just been informed I would not have available credit until May 8th. I was told there was nothing I could do to prove the payment cleared, and I would just have to wait. They also informed me that literally any payment can be held for up to three weeks. So if you want to actually use the card, they make it impossible. I'd definitely recommend a different card. This is ridiculous.
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jggoodbootie @jggoodbootie
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1 Star Rating
Verified Customer
Have a 7000 dollar limit my account is at zero tried to charge at harbor freight 173 dollars was declined and nobody at customer service can tell me why my account will stay at zero this is second time this has happen to me
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weikao @weikao
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1 Star Rating
I have had this card for one year and it has been my main card for most things. I regularly spend 1K-2K a month using this card. Recently, Synchrony bank started to decline my transactions. I contacted them by using a number listed on PayPal, and the customer service said my card was flagged for potential fraud. I told them there was no fraud; it was me trying to use it. They asked me to record a video of myself and take a picture of my ID. I actually thought they were scammers so I refused. Later, I called the number on the back of my card and they said it was actually not a scam. They did want a video of myself and my ID. The customer service was very rude and I felt very uncomfortable because they did not believe I was actually the cardholder and they would not explain why my card was flagged. After I complained about privacy intrusion, they offered another option to mail a passcode to my physical home address. I took that option. A week later, I got the mail with my passcode and I called them again. They did not want my passcode anymore. They only started asking me if a particular transaction was mine or not; something like $1.65 here and there. I told them I could not remember everything I bought two or three weeks ago. They insisted on questioning me so I told them as far as I was concerned, I did not have any dispute and I would pay everything on my balance. Could they just leave me alone and replace my card? The guy finally seemed relieved that I said I would pay for everything on my balance. I did not understand why they were treating customers like criminals. I never once disputed anything on this particular card and I clearly told them it was all me. I do not know if they will send me a new card or not but I will not be using this card again and I will avoid using Synchrony bank in the future given that they treat their customers like criminals. Amex has only 1% cash back but they treat me with respect. It is not worth saving $10-$20 a month to be treated like a criminal when I'm a customer.
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Tina G @martina1228
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2 Star Rating
Paypal won't allow me to change my payment due date! It's such a simple request. This is ridiculous. Be careful of the interest rate as well. Good luck.
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Devin Marolf @Loafdog
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1 Star Rating
Verified Customer
Synchronicity Bank are setting people up for complete failure as the due date on this CC is the 2nd of each month! WHAT?! I spent 15 minutes on the phone to get the late fee of $30 waived, as I didn't mail out their check until Jan 3, 2023. They would NOT extend my due date out as I explained to them that I'm a Disabled Veteran and the VA doesn't pay me until the 1st, and that's the day I pay ALL of my bills bc of severe memory problems I have. Now I'm going to have to just pay it off next month in full (no interest $ for them!) and then cancel after that. Who the h3ll has a due date on the 2nd except a greedy bank that is obviously trying to rack up late fees on purpose. BTW, Chase bank's VP has a yacht called the OVERDRAFT. Pretty obvious!
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dandaccardi @dandaccardi
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1 Star Rating
Verified Customer
Absolutely terrible. I do have several credit cards experience and so far this has been the worst. Their call center is embarassing as their service. Don't invest your time and money in this card.
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rachaeltucker18 @rachaeltucker18
Agree 100% call center managers are disrespectful and giving false information.
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billypresley @billypresley
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1 Star Rating
Don’t waste your time with Synchrony - my experience was a joke from start to finish. I noticed a few small charges I hadn’t made on my credit card, so they deactivated it and sent me a new one. Except, they don’t send it first class with a tracking number like every other reputable credit card company, they send it regular mail. Hence, a week later, someone else has gotten ahold of and activated my brand new card without it ever having been delivered to my house. Where is it? Nobody knows because there’s no tracking number. It could still be in the mail, in which case the data leak would have to be in PayPal’s system as they would be the only ones with record of the newest card number. I could forgive the $10 Venmo fee, but this complete lack of competent security is ridiculous.
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dryisnice @dryisnice
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1 Star Rating
Avoid PayPal Cashback Mastercard. They stole my $2800 payment. Got the card, charged $4100. Sent two payments, one for $2800 the other for $1300 to avoid interest. They cashed my $2800 check but didn’t credit me. The $1300 wasn’t cashed so I had to stop payment on that. PayPal MC asked me to prove to them that they cashed my $2800. I sent front and back photos of the canceled check proving that Synchrony Bank took my money and they responded telling me there’s no proof they took my money. It’s been over 8 weeks, and they’re saying I owe $2800 plus interest. Now I need to spend more time fighting by filling a complaint with the BBB and I suppose the FTC. Avoid this scam company PayPal Cashback Mastercard hosted by Synchrony Bank.
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lucyloo52 @lucyloo52
Similar experience. Paid $1300 balance in full via bank on Jan 24 for Feb 3 (due date Feb 12). Bank mailed check Jan 30. As of Feb 10, payment not posted, and received 'reminder' emails. Feb 10, spend an hour on phone with both Paypal and Synchrony to solve. No luck. Paid second time through their website (which I hate doing). Posted. Great. Fast forward to Feb 14--get an email stating the ORIGINAL payment had posted on Feb 7!!! Have a credit on account now, but the 'Dispute Department' pled Synchrony is a big company with millions of accounts, sometimes they miss a payment. Really? This Is What They Do!!! Good news is, had I not made the second payment in time, any late charge would have been waived--if I had called to complain. Also, I was offered a $200 sign up bonus in September, to be paid within 60 days of activation and minimum usage. Both criterion were met, but no $200. Synchrony's answer: 'Will show as credit within next two billing cycles" This is February, we're talking April--6 months, not 2 as promised. AVOID Paypal Mastercard as long as Synchrony is the servicer.
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