Earn 3% cash back on PayPal purchases and 2% on all other purchases.

With the new PayPal Cashback Mastercard®, earn unlimited cash back1 at millions of merchants. No restrictions. No rotating categories.

Apply Now†
mastercard-hero
Waitlist Phone Frame Step 1Waitlist Phone Frame Step 2Waitlist Phone Frame Step 3phone frame background
Waitlist Phone Frame Step 1Waitlist Phone Frame Step 2Waitlist Phone Frame Step 3phone frame background

  1. No restrictions.
    No rotating categories.
    No annual fee.2

    Shop on your own terms, and enjoy the freedom of unlimited cash back.

  2. Cash in on unlimited 3% cash back.

    Maximize your cash back every time you shop with PayPal.

  3. Enjoy unlimited 2% cash back.

    Get rewarded when you shop everywhere else Mastercard® is accepted.

Shop millions of brands with PayPal.

There are so many opportunities to earn unlimited 3% cash back on your everyday purchases. Just use your PayPal Cashback Mastercard to shop with PayPal, and watch your cash back add up.

Explore these valuable benefits.

Earn rewards without the wait.

Cash back is earned daily on completed purchases posted to your account. Redeem it to your PayPal balance³, and spend it however you want.

You can get Purchase Protection when you shop with PayPal.

Check out knowing that PayPal can have your back in case something goes wrong with an eligible purchase. See terms and limitations.

Scan in select stores to earn 3%.

Where available, if eligible, check out with PayPal QR codes using the PayPal app. Be sure to select your card as your funding source to earn 3% cash back.

Enjoy peace of mind with Mastercard.

From Tap & Go® to 24/7 Identity Theft Protection™, earning cash back is simple and secure. See Mastercard Guide to Benefits for details.

Unlock a more rewarding way to PayPal.

Apply Now†

Have questions?

Get the lowdown on the new PayPal Cashback Mastercard.

For more FAQs, click here.

Estimated cash back rewards amounts are for illustrative purposes.

1 Purchases are subject to credit approval, and the PayPal Cashback Mastercard must be used for payment. See Rewards Program Terms for details and restrictions.

†Applications are subject to credit approval. You must be at least 18 years old and reside in the US or its territories to apply.

2 See Terms and Rates for New Accounts.

3 Important information on redeeming Cash Rewards: You need to have a PayPal Balance account to use your redeemed rewards in your balance. If you do not have that account, you can only transfer your Cash Rewards to your bank account or debit card linked to your account with PayPal.

The benefits and services as further described in the Mastercard Guide to Benefits are provided solely by Mastercard International Incorporated. PayPal and Synchrony Bank do not endorse, recommend, warrant or take responsibility for these offered benefits.

The Contactless Indicator mark, consisting of four graduating arcs, is a trademark owned by and used with permission of EMVCo, LLC.

The PayPal Cashback Mastercard is issued by Synchrony Bank pursuant to a license by Mastercard International Incorporated. Mastercard, Tap & Go and the circles design are registered trademarks of Mastercard International Incorporated.

We’ll use cookies to improve and customize your experience if you continue to browse. Is it OK if we also use cookies to show you personalized ads? Learn more and manage your cookies