Review: PayPal Credit Card

paypal-credit-cardThe PayPal Extras MasterCard is basically the identical bank card because the eBay Mastercard however with a special look. It means that you can earn factors on PayPal and eBay purchases in addition to different card purchases and redeem these factors for reward playing cards, money again to your PayPal account, and extra.

Particularly, the cardboard provides this level system:

  • three factors per greenback on fuel & restaurant purchases with the cardboard
  • 2 factors per greenback on PayPal and eBay purchases
  • 1 level per greenback on all the pieces else.

There is no such thing as a annual payment for the PayPal MasterCard, however it has a excessive rate of interest of both 20.24% or 24.24%, relying in your credit score historical past, so don’t get it when you’ve got a behavior of carrying a steadiness in your bank cards. The curiosity you pay will primarily cancel out the rewards you obtain.

NOTE: In the event you apply for the PayPal Extras MasterCard and are usually not accredited, you would possibly as a substitute be accredited for an alternate card referred to as the PayPal Good Join Card. This card can solely be used on PayPal and eBay, and has a 27.24% rate of interest! This card provides little or no of worth, and we’d advocate in opposition to accepting it whether it is provided to you (or cancel it whether it is issued to you).

The PayPal bank cards are issued by Synchrony Financial institution (previously GE Capital Retail Financial institution). You possibly can apply for the PayPal Extras MasterCard here.