Question: Which Credit Card Is Best For PayPal?

Which PayPal credit card is better?

Winner: PayPal Cashback Mastercard®

We think the PayPal Cashback Mastercard® is the better option between the two cards — it offers the most flexibility with its rewards. With cash back, you can redeem your rewards for anything that you can buy with cash. The PayPal Cashback Mastercard® also keeps things simple.

Is the PayPal credit card worth it?

The PayPal Credit Card is best for users with a lot of gas and restaurant spending –- these are the categories where it produces rewards rates of 2.4%. For all other spending, including buying things through PayPal and eBay, other cash back credit cards may provide you with the better savings.

What credit score do you need for PayPal Mastercard?

Paypal Cashback Mastercard Credit Score Needed

Based on similar competing cashback cards, the minimum score is probably around 620 FICO. Make sure your revolving utilization is below 30% when you apply or they may deny you. You should always consider improving your credit score first before applying.

Can I use PayPal as a credit card?

PayPal Credit is an open end (revolving) credit card account that provides a reusable credit line built into your account with PayPal giving you the flexibility to pay for your purchases right away or pay over time. It’s easy to apply, easy to use and there whenever you need it.

Is it hard to get a PayPal credit card?

Getting a hard credit inquiry on your report and failing the approval process will leave you in a worse state than before. Nobody knows the exact criteria, of course, but the general consensus seems to be a minimum credit score of 600 for the PayPal Extras MasterCard.

What is the maximum PayPal credit line?

Once you have been approved and accept the terms of use, PayPal will give you a credit limit of at least $250. PayPal will periodically review your account and may increase or decrease your credit limit.