1 Purchases subject to credit approval. To qualify for this offer you must apply and be approved for a new PayPal Cashback Mastercard account by January 3, 2022. Offer may only be redeemed using the link contained within recipient's email or via other authorized offer presentment (as determined by PayPal in its sole discretion). Cardholders will earn a total of 6% cash back on purchases when checking out with PayPal and 4% cash back on all other purchases, instead of 2% cash back on purchases (minus any returns or adjustments during the promotional period) within 90 days of account opening. Please allow up to 1-2 billing statement cycles after the promotional period ends for your bonus cash back to post to your PayPal Cashback Mastercard account. After 90 days of account opening, cardholders will earn 2% cash back on purchases. To earn Cash Rewards, you must have an open account with PayPal in good standing to which your Card Account is linked. If your account with PayPal is closed for any reason, or if your Card Account is no longer linked to your account with PayPal, your Card Account will be closed and any Cash Rewards earned, but not redeemed, will be forfeited. See
Rewards Program Terms for details on earning Cash Rewards.
2 For New Accounts: Variable Purchase APR is 19.99%, 23.99% or 26.99%. The APRs are accurate as of 9/1/2021 and will vary with the market based on the Prime Rate (as defined in your credit card agreement). Minimum interest charge is $2.00 for all types of cards in any billing cycle in which you owe interest.
3 Important information on redeeming Cash Rewards: You need to have a PayPal Balance account to transfer your Cash Rewards to your PayPal balance. If you do not have that account, you can transfer your Cash Rewards to your bank account or debit card linked to your account with PayPal.
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