Also, PayPal claims that you can use this service at millions of stores, making your rewards valuable. PayPal Pay with Rewards will let you pay for actual goods and services with rewards. Alternatively, you can spend yours on travel, rentals, and gift cards. You can cash out your rewards after redeeming them. When you accumulate these reward points, you can redeem your rewards through the rewards and offers section of the Synchrony Bank servicing site. Instead, you earn reward points each time you use the card. The PayPal Extras MasterCard doesn’t take a cashback approach with its benefits. However, you also don’t get any sign-up bonuses as you do on some cards. To take things further, you don’t incur any extra fees for transacting out of the United States. It needs no telling that that’s how the card got its name in the first place.Īpart from the annual percentage rate, you don’t pay any charges for holding a Cashback MasterCard. However, this expense is made up for by the 2% no-questions-asked cash back on every transaction. Most credit cards have anywhere from 12-24% APR, but the Cashback MasterCard’s APR can be up to 27%, with a 20% minimum APR. On the surface, it mightn’t seem like much of a good deal, but upon careful analysis, you’ll realize that the positives outweigh the negatives. The PayPal Cashback MasterCard works like a regular credit card. Here are some benefits of holding either of the PayPal MasterCard credit cards. If you want a credit card powered by MasterCard, you have options you can either get the PayPal Cashback MasterCard or the PayPal Extras MasterCard.īoth of these cards are great in their ways, and they offer unique benefits for holders. To be clear, PayPal doesn’t issue only one MasterCard credit card. Related Posts What Is a PayPal MasterCard credit card?.How to Activate PayPal MasterCard, Credit Card.What Is a PayPal MasterCard credit card?.
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