1 The PayPal Cash Card is a debit card linked to your PayPal balance. The PayPal Cash Card is not a credit card. PayPal is not a bank and does not itself take deposits. You will not receive any interest on the funds in your PayPal Balance account. Funds you hold in a PayPal Balance account are not insured by the FDIC unless you have successfully requested a PayPal Cash Card. If you have successfully requested a PayPal Cash Card, then we will deposit the funds in your PayPal Balance account into a pooled deposit account held by us for your benefit at an FDIC-insured bank. This structure used for accounts with a PayPal Cash Card is intended to provide the funds in your PayPal Balance account with the benefit of pass-through FDIC insurance up to applicable limits.
The PayPal Cash Mastercard (“PayPal Cash Card”) is issued by The Bancorp Bank pursuant to a license by Mastercard International Incorporated. Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated. The Bancorp Bank is issuer of the Card only and not responsible for the associated accounts or other products, services or offers from PayPal. Card may be used everywhere Mastercard is accepted. The Bancorp Bank does not hold your PayPal Balance account funds.
2 ATMs must display the Mastercard®, Cirrus®, PULSE®, or MoneyPass® acceptance marks. Up to $400.00 USD daily withdrawal limit applies. Transactions at non-MoneyPass ATMS have a $2.50 ATM Domestic and International Withdrawal Fee. No fee for MoneyPass ATM Withdrawals in the U.S. Foreign Transaction Fee applies for International ATM Withdrawals. ATM operator fees may also apply. See Cardholder Agreement for details.
3 Pay with Rewards will be available for eligible credit cards on eligible purchases or can be donated to support a charitable cause with PayPal Giving Fund. All reward redemptions are subject to your issuer’s reward program terms. To learn more about Pay with Rewards, see terms and conditions.
4 Subject to credit approval. See terms.