Synchrony Mastercard

PayPal Cashback Mastercard

The PayPal Cashback Mastercard earns 3% cash back when you check out with PayPal and 1.5% everywhere else Mastercard is accepted, uncapped and with no annual fee, which makes it the strongest published no-fee rate on PayPal checkout spend. The catch is that everything routes through PayPal: rewards land as Cash Rewards you transfer to a linked PayPal account, the account has to stay open and in good standing to redeem, and there is currently no welcome offer to sweeten the first year. Off PayPal the 1.5% base trails the flat 2% cards, so it earns its keep as a companion card for heavy PayPal spenders rather than as an everything card.

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PayPal Cashback Mastercard card art
  • Annual fee
    Free
  • Welcome offer
    No welcome offer currently advertised
    The public marketing page advertises no welcome offer for new cardholders as of July 2026. The card's pitch is the ongoing earn rate rather than an upfront bonus.
  • Recommended credit
    640-800
    Median 700. See why →

Earning rates

on PayPal Cash Rewards
  • 3x
    PayPal Purchases
    PayPal checkout only
  • 1.5x
    Everything else

Benefits and credits

account-protection

  • Mastercard ID Theft Protection

rewards

  • Stacks With PayPal Merchant Offers
  • Unlimited Earning, No Minimum Redemption

service

  • Instant Virtual Card on Approval
  • Up to 6 Authorized Users

Pricing and fees

Full Pricing and Terms
Purchase APR
18.49% to 33.24%
Foreign tx
3.00%
Penalty APR (cap)
34.24%
Balance transfer
Not disclosed
Fee Not disclosed
Cash advance
33.24%
Fee $10 or 5.00%, whichever is greater
Late / returned
$40 · $41

Eligibility and application

  • Card type
    Unsecured personal card
  • Pre-qualification
    Soft-pull pre-qualification available
  • Application inquiry
    Hard credit inquiry on submission
  • Approval bureau
    Not disclosed by issuer
  • Authorized user fee
    Not disclosed
  • Reports AU to bureaus
    Conditional
    Authorized-user activity is reported to Experian and TransUnion only (not Equifax). Synchrony runs a large store / co-brand portfolio, so confirm per product when a Synchrony card is added.
    Issuer policy

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Sources

Data current as of July 1, 2026 Report an inaccuracy

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Not financial advice

ccdeck is not a financial advisor. Information here is for educational purposes only. Confirm card terms with the issuer before applying.