PayPal Cashback Mastercard
Synchrony · Cashback review
Frequent PayPal checkout users who want 3% back routed through PayPal specifically, plus a flat 1
Sorted by score, never commission
Annual fee
$0
No annual fee, every year
Ongoing APR
18.74% – 33.49% variable
Variable — verify the current range at the issuer
Foreign transaction fee
3%
Charged per purchase abroad
As of August 13, 2026
Best for
Frequent PayPal checkout users who want 3% back routed through PayPal specifically, plus a flat 1.5% everywhere else, with no annual fee and no category tracking.
Not for
International spenders (3% foreign transaction fee erases the cashback rate on any purchase abroad) and anyone likely to carry a balance — the APR tops out near 33%, among the highest of any mainstream cashback card.
The catch
The 3% rate only applies when you actually check out through PayPal — pay a merchant directly with the physical card and you're earning the flat 1.5%, not 3%. And the APR spread (18.74% up to 33.49% variable) is unusually wide and unusually high at the top end; carrying any balance here is expensive.
Card facts
Sourced from the issuer's published Schumer Box and terms — confirm current numbers at the issuer.
Product specs
- Annual fee
- $0
- Ongoing APR
- 18.74% – 33.49% variable
- Foreign transaction fee
- 3%
- Late payment fee
- Up to $40
- Schumer Box sourced
- August 13, 2026
How we scored this card
See our published methodology — 5 dimensions, 0–20 each, 100-point total.
Get an email when PayPal Cashback Mastercard's offer changes.
We track PayPal Cashback Mastercard's current offer and terms. We'll email you the moment they change — no checking back.
Frequently asked
Does the PayPal Cashback Mastercard charge an annual fee?
No. The PayPal Cashback Mastercard carries a $0 annual fee, sourced from the issuer's published Schumer Box as of August 13, 2026. Rates change — confirm the current terms at the issuer.
What APR does the PayPal Cashback Mastercard charge?
18.74% – 33.49% variable. APRs are variable and set by the issuer — confirm the current range on the issuer's Schumer Box before you commit.
Does the PayPal Cashback Mastercard charge foreign transaction fees?
Yes — 3% per purchase made outside the U.S. Factor that in if you travel or shop internationally.
Who is the PayPal Cashback Mastercard best for?
Frequent PayPal checkout users who want 3% back routed through PayPal specifically, plus a flat 1.5% everywhere else, with no annual fee and no category tracking.
Who should skip the PayPal Cashback Mastercard?
International spenders (3% foreign transaction fee erases the cashback rate on any purchase abroad) and anyone likely to carry a balance — the APR tops out near 33%, among the highest of any mainstream cashback card.
How did ClearValue score the PayPal Cashback Mastercard?
PayPal Cashback Mastercard scored 73/100 — "Worth considering". We score every card across five dimensions (effective rewards, fee structure, audience fit, transparency, and the weakness named), 0–20 each. Scores are never influenced by commission. See our methodology for the full rubric.
Alternatives to the PayPal Cashback Mastercard
Other cashback cards we've scored, ranked by our methodology.
- DiscoverCanon
Discover it Secured
90/100Annual fee$0Ongoing APR26.49%Intro APR10.99% · 6 moBest forCredit-builders who want a $0 AF secured card that reports to all three bureaus, earns rotating-category cashback, AND g
Fees sourced from issuer terms · 2026-08-15
- Capital OneSolid pick
Capital One Quicksilver Secured
89/100Annual fee$0Ongoing APR28.99%Foreign txn feeNoneBest forCredit-builders who want a secured card that reports to all three bureaus AND earns 1
Fees sourced from issuer terms · 2026-07-15
- CitiSolid pick
Citi Double Cash
89/100Annual fee$0Ongoing APR17.49–27.49%Intro APR0% · 18 moBest forReaders who want one flat-rate no-fee cashback card and aren't interested in tracking categories
Fees sourced from issuer terms · 2026-07-15
