Q2 2026 5% Cashback on next BNPL purchase – infrequent users
Offer Terms and Conditions
PayPal may at any time and in its sole discretion, without prior notice, terminate, cancel, suspend or modify this offer or these terms.
“Eligible Participant”: Open only to residents of any one (1) of the fifty (50) United States or the District of Columbia or select U.S. Territories who: (1) are eighteen (18) years of age or older, (2) have a U.S. personal account with PayPal that remains in good standing through Reward fulfillment (“PayPal Account”), (3) receive an in app banner, email or other presentation inviting participation in the Offer and save the Offer (“Invitation”) (eligibility for those who receive the Invitation will be determined solely by PayPal), and (4) use PayPal Pay in 4 or Pay Monthly to make a purchase.
“Offer Period”: Starts on April 28, 2026, at 12:00:00 a.m. PT and ends on June 29, 2026, at 11:59:59 p.m. ET or when the maximum number of Rewards available under this Offer for all Eligible Participants is reached. Offer must be saved by June 15, 2026, and the purchase must be made within fourteen (14) days of saving the offer and no later than June 29, 2026.
How it Works: The Offer allows Eligible Participants to earn PayPal Rewards points equivalent to 5% cash back on one Eligible Purchase (“Reward”) during the Offer Period up to a maximum of 1,000 PayPal Rewards points, which can be redeemed for $10 cash at PayPal checkout or other options. Eligible Participant must save the Offer through the Invitation once and then successfully complete an Eligible Purchase within fourteen (14) days of saving the Offer. Reward will no longer be earned once the Offer Period has ended. There is a maximum total of 50,000 Rewards available under this offer for all Eligible Participants who have saved the offer and made an Eligible Purchase. Rewards will no longer be available once this limit is reached. If the maximum total of Rewards available is reached before the end of the Offer Period, this offer will end early. The receipt and redemption of Points is subject to the PayPal Rewards Agreement.
“Eligible Purchase”: Eligible Purchase must be made using either Pay in 4 or Pay Monthly and be completed within 14 days of saving the Offer during the Offer Period by an Eligible Participant. Eligible Purchases do not include: (1) purchases that are marked as “pending” as of the end of the Offer Period, (2) purchases made with Pay in 4 where the first payment has not been successfully processed, (3) any purchase or portion of a purchase that involves a payment method other than Pay in 4 or Pay Monthly; (4) purchases made at a merchant who enrolled in Pay Later within 30 days prior to the start of the promotion; and (5) any purchase involving non-profit organizations, gambling, security brokers/dealers, foreign currency/money orders, and stored value cards. Satisfaction of Eligible Purchase criteria will be determined solely by PayPal.
Reward Redemption: Reward should be available in Eligible Participant’s Account Overview section of the PayPal Account to redeem for cash and other redemption options within fourteen (14) days after qualifying to receive the Reward, although may take longer. See the “Redeeming Points” section of the PayPal Rewards Agreement for details.
Miscellaneous: Participation in offer is subject to the PayPal User Agreement, PayPal Rewards Agreement and the underlying Pay in 4/Pay Monthly loan agreement (s) to each Eligible Purchase. Similar offers may run at the same time; qualification for this offer does not constitute qualification for any other offer. PayPal is not responsible and/or liable if any e-mail, Reward, or offer-related materials or correspondence are not delivered for any reason. This offer is only redeemable in its originally published form.
Account Review and Reward Adjustments: PayPal may review accounts and purchases related to this offer at any time. If Eligible Purchases are refunded or if loan payments are not completed as agreed, PayPal may delay or reverse your Reward without prior notice. PayPal also reserves the right to deny or reverse Rewards should an account show patterns of abuse, fraud or exploitation of the program.
Important Credit Information: Pay in 4 and Pay Monthly are loan products. Missing payments or defaulting on these loans may negatively impact your credit score and credit history.
Pay in 4 is available to consumers upon approval for purchases of $30 - $1500. Pay in 4 is currently not available to residents of MO. Offer availability depends on the merchant and also may not be available for recurring, subscription services. When applying, a soft credit check may be needed, but will not affect your credit score. You must be 18 years old or older to apply. The lender for Pay in 4 is PayPal, Inc. (NMLS # 910457): Loans to CA residents are made or arranged pursuant to a CA Financing Law License. NM residents: Find more disclosures related to Pay in 4. RI Small Loan Lender Licensee.
Pay Monthly is a consumer loan subject to credit approval and eligibility. Fixed APR is 9.99-35.99%. Eligibility varies and exclusions may apply. Terms and rates vary based on purchase amount and your credit. Payments may change based on shipping, taxes, updates to your purchase, or missed payments. Availability depends on the merchant and may not be available for subscriptions or recurring payments. Pay Monthly is currently not available to residents of AK, CT, HI or WA. You must be 18 years old or older to apply. Missed payments may have an impact on your credit score. The lender for Pay Monthly is WebBank. Marketing and program management by PayPal, Inc. (NMLS #910457): RI Loan Broker Licensee. VT Loan Solicitation Licensee. VT residents: THIS IS A LOAN SOLICITATION ONLY. PAYPAL, INC. IS NOT THE LENDER. INFORMATION RECEIVED WILL BE SHARED WITH ONE OR MORE THIRD PARTIES IN CONNECTION WITH YOUR LOAN INQUIRY. THE LENDER MAY NOT BE SUBJECT TO ALL VERMONT LENDING LAWS. THE LENDER MAY BE SUBJECT TO FEDERAL LENDING LAWS. Servicing by Bill Me Later, Inc. (NMLS# 2296861). NMLS Consumer Access.