PayPal Cashback Mastercard
No fee
Synchrony
PayPal Cashback Mastercard
4.2
(1,234 reviews)cashback
Reviewed by CardCompare Editorial Board
|CFP-reviewed|Updated April 2026A strong flat-rate card with a twist: 2% cash back on everything with no caps or categories to track, plus 3% when you use PayPal checkout online. No annual fee and no foreign transaction fees make it a clean competitor to the Citi Double Cash.
Annual Fee
No annual fee
Purchase APR
20.49% – 29.49%
Rewards
2% base rate
Sign-Up Bonus
None
Credit Score
Good (670-749)
Foreign Txn Fee
None
Who Should Get This Card
The PayPal Cashback Mastercard is best suited for established credit users who people who want simple 2% back everywhere with paypal perks. With no annual fee, there's zero cost to keep it in your wallet long-term.
This card is great if you…
- 2% on everything, no caps
- 3% with PayPal
- No annual fee
- People who want simple 2% back everywhere with PayPal perks
Consider another card if you…
- No sign-up bonus
- Issued by Synchrony
- Must manage via PayPal app
Rewards Breakdown
3% on PayPal purchases, 2% on everything else
| Category | Rate |
|---|---|
| PayPal Purchases | 3% |
| Everything else | 2% |
Rewards Distribution
3%
top rate
PayPal Purchases3%60%
Everything else2%40%
Fees & APR
| Annual Fee | No annual fee |
| Purchase APR | 20.49% – 29.49% |
| Balance Transfer Fee | 3% |
| Foreign Transaction Fee | None |
| Late Fee | Up to $41 |
Pros & Cons
2% on everything, no caps
3% with PayPal
No annual fee
No FTF
Simple to use
No sign-up bonus
Issued by Synchrony
Must manage via PayPal app
No travel perks
The Bottom Line
The Good: The PayPal Cashback Mastercard stands out for its 2% on everything, no caps. No foreign transaction fees make it a strong pick for international spending.
The Not So Good: No sign-up bonus.
Our Verdict: The PayPal Cashback Mastercard scores 7/10 — a solid option for people who want simple 2% back everywhere with paypal perks. With no annual fee, there's no risk in trying it.
Frequently Asked Questions
What is the annual fee for the PayPal Cashback Mastercard?▾
The PayPal Cashback Mastercard has no annual fee — you'll never be charged just for keeping the card open.
How do the rewards work on the PayPal Cashback Mastercard?▾
The PayPal Cashback Mastercard earns 2% on all purchases, and up to 3% in select bonus categories. Rewards are earned as cash back credited to your statement.
What credit score do I need for the PayPal Cashback Mastercard?▾
The PayPal Cashback Mastercard is recommended for applicants with good (670-749) credit. Approval is not guaranteed and depends on your full credit profile.
Does the PayPal Cashback Mastercard charge a foreign transaction fee?▾
No — the PayPal Cashback Mastercard has no foreign transaction fees, making it a solid choice for international purchases and travel abroad.
What is the APR on the PayPal Cashback Mastercard?▾
The PayPal Cashback Mastercard has a variable purchase APR of 20.49% – 29.49%. If you carry a balance, interest charges can quickly outweigh any rewards earned.
Who is the PayPal Cashback Mastercard best for?▾
The PayPal Cashback Mastercard is best for People who want simple 2% back everywhere with PayPal perks. A key advantage: 2% on everything, no caps.
Customer Reviews
4.2
1,234 reviews
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