*Purchases subject to credit approval. See Rewards Program Terms for details. To earn Cash Rewards, you must have an open account with PayPal in good standing to which your Card Account is linked. If your account with PayPal is closed for any reason, or if your Card Account is no longer linked to your account with PayPal, your Card Account will be closed and any Cash Rewards earned, but not redeemed, will be forfeited.
- 1 When you buy or sell cryptocurrency, including when you check out with crypto, we will disclose an exchange rate and any fees you will be charged for that transaction. The exchange rate includes a spread that PayPal earns on each purchase and sale. For cryptocurrency fees, click here. 2 Available on eligible purchases. Buying and selling cryptocurrency is subject to a number.
- Is there a maximum dollar amount for PayPal's Cryptocurrency service? The maximum dollar amount for weekly Cryptocurrency purchases is $20,000. The maximum dollar amount for any single crypto purchase is also $20,000. The maximum dollar amount for purchases over a 12-month period is $50,000. Will PayPal support peer-to-peer (P2P) Crypto trades?
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**For New Accounts: Variable Purchase APR is 19.99%, 23.99% or 26.99%. The APRs are accurate as of 3/1/2021 and will vary with the market based on the Prime Rate (as defined in your credit card agreement). Minimum interest charge is $1.50 for all types of cards in any billing cycle in which you owe interest.
†Subject to credit approval. You must be at least 18 years old and reside in the US or its territories to apply.
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***Important information on redeeming Cash Rewards to your PayPal balance: You need to have a PayPal Cash or PayPal Cash Plus account to have a balance. If you do not have one of those accounts, you can only transfer your Cash Rewards to your bank account or debit card linked to your account with PayPal.
The benefits and services as further described in the Mastercard Guide to Benefits are provided solely by Mastercard International Incorporated. PayPal and Synchrony Bank do not endorse, recommend, warrant or take responsibility for these offered benefits.
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The Contactless Indicator mark and Contactless Symbol are trademarks owned by and used with permission of EMVCo, LLC.
The PayPal Cashback Mastercard is issued by Synchrony Bank pursuant to a license by Mastercard International Incorporated. Mastercard and Tap & Go are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated.