PayPal Business Cashback Mastercard 2022 Review

The PayPal Business Mastercard(r) credit card* is a great rewards program designed for small-scale companies who want to receive a fixed cashback rate with no annual cost. This Card is ideal for small-scale business owners who wish to earn on every purchase while also enjoying certain benefits that are basic, like employees’ cards for free and cell phone security. Although the list of benefits is a little short, it’s a decent offer compared with other cashback business credit cards that don’t charge an annual fee. If your company is already using PayPal and this Card, it can be an excellent method to control money flow.

                             Pros                                                                                                       Cons

  • Earn unlimited 2% cash back on purchases                               *No protection for purchases made on a new basis.
  • No annual or foreign transaction cost                                         *There is no welcome bonus for new cardmembers
  • Included are cell phones and car rental insurance benefits    *PayPal Business account required to apply
  • Employee cards for free                                                                  *Potentially APRs that are high


  • of 2% on every purchase
  • There is no annual cost
  • Zero fraud liability for unauthorized transactions
  • Two-year extended warranty on purchases, protection for cell phones, and protection against identity theft
  • Employee cards for free


If you own a business, your primary goals are to increase revenue and decrease expenses. Both can be accomplished simultaneously if you choose the correct cashback credit cards. PayPal Business Mastercard PayPal Business Mastercard could be the Card that offers 2% on purchases. One way to look at it is as a 2% discount on all purchases. It also makes it simple to manage your cash flow and monitor expenses using a no-annual-fee card.

Employee cards can be issued at no cost, providing the chance to earn on the expenditure of employees and your own. Rewards are paid via Cash to your PayPal account or as an account credit on your statement that reduces the balance. It also comes with advantages, including rental car and cell phone insurance. Compared to other cashback cards designed for small-sized companies and small businesses, the PayPal Business Mastercard is an attractive option.

At a Glance

  • of 2% on purchases that do not have a cap
  • Annual Fee of $0
  • Employee cards for free
  • Car and cell phone insurance benefits are included
  • 74 percent + 29.74% APR variable on purchases

PayPal Business Mastercard Rewards

PayPal Business Mastercard Rewards

Earning Rewards

PayPal Business Mastercard PayPal Business MasterCard provides an unbeatable 2 percent cash back on purchases. You will find restrictions on the total amount of you earn. There aren’t any bonus or moving bonus categories to fret about or track. The reward system is straightforward to comprehend.

Remember that carrying a balance throughout the month and accruing interest costs will exceed any rewards you earn, so paying the balance at the end of each month on time of the due is essential to avoid the expenses. If you don’t pay fees or accrue interest, The 2 percent earned in cash rewards will be net to your account.

Redeeming Rewards

Rewards can be redeemed through two methods. Unsurprisingly, one is to transfer rewards into an account with a PayPal account. For those unfamiliar with PayPal, it operates similarly to an online bank account and allows you to share and receive Cash online. Our connections are available in various accepted credit cards and other payment types.

You may also cash in rewards to pay for the benefit of a statement credit. This reduces your credit card balance.

Redemption requests must be made for more than $1. Whatever redemption option you select, you’ll receive the same amount.

Rewards Potential

The rewards you receive from this Card have unlimited possibilities without limits or caps. Earnings are linked directly to the amount you spend. For every $100 that is charged into your bank account, you’ll receive $2 back.

A business that uses the Card to make $2500 in monthly expenses could earn $50 in Cash every month, equivalent to $600 for the year. This is an excellent reward since the Card doesn’t have an annual cost.

PayPal Business Mastercard Benefits

Mastercard offers the benefits of PayPal Card for Business. Although it is nice to see some additional travel and purchase benefits, they are excellent compared to other cashback cards with no annual fees.

  • Security for Cell phones: Having cell phone protection with your credit card could reduce the amount you would otherwise spend on insurance from the company you use to call. You can charge your phone bill to this Card, and you’ll be protected against theft or damage as high as $300 for each claim. This is up to $500 for 12 months. There’s a maximum of 2 claims per twelve months, and each share results from the $50 deductible.
  • Additional Warranty: purchase is an eligible purchase with a manufacturer’s warranty of fewer than 24 months. The benefit will double the contract amount and provide a maximum value for repair or replacement of $10,000.
  • Rental Car Insurance: When you do not pay the rental company’s insurance (which can vary between $5 and $30 per day), This benefit serves as insurance to protect your vehicle against theft or damage. The terms are stringent, so read them thoroughly before renting to ensure you’re covered.

Other benefits, like an automated receipt management system security against identity theft and an opportunity to save money when shopping through Mastercard associates, can be beneficial to be aware of but are less attractive.

Fine Print

Interest Rates

  • Regular APR: 14.74% – 29.74%
  • Purchase Intro APR: N/A
  • Balance Transfer Intro APR: N/A


  • Annual Fee: $0
  • Balance Transfer Fee: N/A
  • Cash Advance $10.00, or 5 percent of the money advance amount, is more.
  • Foreign Purchase Transaction Fee: $0

How the PayPal Business Mastercard Stacks Up

The PayPal Business Mastercard is part of a field full of rivals. Here are some additional excellent options to be aware of:

PayPal Business Mastercard(r) credit card* in contrast to. Ink Business Cash(R) Credit Card

It is worth noting that the Ink Business Cash(r) Credit Card has an excellent cashback program giving cardholders as much as 5% cashback. But the drawback is that the 5 percent reward is not capped and only applies to specific spending categories.

You’ll receive 5% cash back on the first $20,000 you spend on office supply stores and cable, internet, and phone services every year. Moreover, you’ll earn 2 percent money straight back on the first $25,000 you spend on combined purchases at restaurants and gas stations every anniversary year. Earn 1% on any other investment.

The Welcome Bonus of $750 cash back after spending $7,500 on purchases within the first three months after the account opening date.

The annual cost for the Card is zero.

PayPal Business Mastercard(r) credit card* against. Capital One Spark 2 Cash Plus %

Capital One Spark 2% Cash Plus* Capital One Spark 2% Cash Plus* card earns 2% on all purchases and 5 percent cash back on hotel rooms and rental vehicles booked via Capital One Travel. There is $150 per year and a distinctive feature that can help companies who spend a lot manage their cash flow. It’s an unsecured credit card that doesn’t have a spending limit.

It is important to note that you cannot transfer an unpaid amount from one month to the following month. You must spend the total amount every month or be assessed an additional 2.99 per month late cost.

A welcome bonus is $500 after you’ve spent $5,000 over the first three months and an additional $500 if you spend $50,000 within the first six months.

PayPal Business Mastercard(r) credit card* against. American Express Blue Business Cash(TM) Card

PayPal Business Mastercard(r) credit card* against. American Express Blue Business Cash(TM) Card

The Blue Business Cash card from American Express is another no-annual-fee cashback credit card for small-sized companies (terms apply, check rates and charges). The Card benefits 2% cash back on eligible purchases up to the $50,000 limit per calendar year. After that, it’s 1 percent. If your business’s annual expenditure is more than $50,000, then this PayPal Business Card is the most popular in terms of the yearly earned. But, some business owners might like this Blue Business Cash card’s many advantages. For instance, it comes with the protection of your purchases to protect your assets against theft or damage within 90 days. *

You are eligible to get the following welcome bonus Credit on your statement of $250 after buying $3,000 of purchases within the first three months following opening your account.

When the American Express(r) Cardmember makes an eligible Purchase using their eligible Card, Purchase Protection can help safeguard the Covered Purchases for as long as 90 days from the purchase date if the Card is lost or damaged accidentally. The protection is limited to $1,000 per incident that can be increased to $50,000 per account of the Card Member for the calendar year. The level of eligibility and benefits varies according to the Card. Terms, Conditions, and Limitations Apply. Please visit for more details. Underwritten by AMEX Assurance Company.

Is the PayPal Business Mastercard for You?

The PayPal Business Mastercard can be a great choice if you’re searching for an easy cashback business credit card that doesn’t have annual fees. Although many cards offer better cashback rates in specific spending categories, This Card is a standout for business people who appreciate the simplicity of their purchases.

By Mia

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