PayPal Tips & Tricks: Maximizing rewards

Combining deals is a popular way to shop and save money. By combining credit card points, cash back offers, and discounts, people can increase their savings when shopping online.

Discover strategies to get started and unleash the power of maximizing rewards effectively, with tips and tricks from Michael, a PayPal super saver.

Maximizing cash back opportunities when shopping online

Many online retailers offer cash back or rewards programs where individuals receive a percentage of their purchase amount back in cash or store credit. By stacking these cash back opportunities, people can accumulate more rewards for future shopping.

Here are some tips and tricks to maximize cash back rewards:

• Activate: Before making a purchase online, activate available cash back offers through various platforms, such as cash back apps, websites, or cash back credit cards. PayPal users can browse available deals and offers in the PayPal app and add them to their account before making a purchase.¹
• Install a browser extension: There are browser extensions that automatically notify people of savings opportunities. For example, the PayPal Honey shopping extension will automatically search for promo codes and deals to apply at checkout.
• Be strategic: Some platforms offer options like transferring cash to a bank account, using it for future purchases, or converting it to gift cards.

Maximizing credit card points

Another popular way to get cash back is through credit card rewards.

People can earn points by making eligible purchases with their rewards card. Once they accumulate a certain number of points, they can typically redeem them for rewards such as gift cards, cash back, or travel offers.

Before online shopping, consider factors such as:

• Using the right card: Use credit cards that offer cash back rewards. Some cards may offer higher cash back rates for categories like groceries, travel, or online purchases. For example, the PayPal Cashback Mastercard offers 3% cash back on PayPal purchases.²
• Take advantage of bonus offers: Sign-up bonuses and introductory offers can help people maximize their points.
• Combine points with other rewards: Some programs allow individuals to combine points and other discounts and rewards. For example, PayPal users could maximize rewards by adding offers to their PayPal account, checking out with PayPal, and using their PayPal Cashback Mastercard as the payment method; this would earn shoppers rewards for the offer in their account plus 3% cash back on their Mastercard for checking out with PayPal.²

Finding promo codes with PayPal Honey

Take the guesswork out of maximizing rewards by using the PayPal Honey shopping extension. This extension automatically detects when people shop online and searches for available coupons and promo codes for the products or retailers they’re interested in.

The best part? With the extension installed, individuals don't have to manually search for coupons or promo codes. The shopping extension works for them by automatically applying the best available coupon codes at checkout, helping them save money effortlessly.

Check out with PayPal

Checking out with PayPal can be a useful way to save money and boost rewards because it allows people to combine several rewards at once.

Through PayPal, individuals can take advantage of Honey's coupon-finding capabilities, have the ability to pay with credit card reward points through their linked cards, and utilize available cash back offers via the PayPal app — all in one transaction.

Learn about PayPal Rewards.