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How do I redeem my Cash Rewards for my PayPal Cashback Mastercard?

To redeem your Cash Rewards:

  1. Log in to your PayPal account
  2. Click PayPal Mastercard and you will be transferred to the Synchrony Bank servicing site.
  3. Click Rewards & Offers.
  4. Enter the amount of cash back you'd like to redeem to your PayPal balance.
Note: You can only access the rewards options once you have made a purchase, earned cashback and received a billing statement.