Boost your rewards by using PayPal with your credit cards - The Points Guy (2024)

Using PayPal doesn’t mean you can’t earn credit card rewards along the way. Several card issuers offer bonuses for using their cards with PayPal. And, PayPal offers its own branded cards that allow cardholders to earn cash back or points that can be redeemed for gift cards and travel vouchers. TPG takes a look on how you can maximize your credit card rewards when using PayPal.

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Do I earn rewards using my credit card on PayPal?

Boost your rewards by using PayPal with your credit cards - The Points Guy (1)

Using your credit card to earn rewards with PayPal is easy. Just link your card to your PayPal account at the website and select the card when making payments. You'll earn rewards as you would with any other purchase. Several major retailers accept PayPal payments in-store and online including, Best Buy, Bed Bath & Beyond, Etsy, Brookstone, Home Depot and IKEA.

PayPal users can add multiple cards to their accounts, making it easy to rack up rewards from a number of programs at once. Any Visa, Mastercard, Discover or American Express card with a registered billing address can be used with PayPal.

Best credit cards to use with PayPal

Sometimes you'll be able to earn more by using your credit card in conjunction with PayPal. Issuers like Chase, Citibank and Discover have offered bonus rewards promotions on PayPal payments in the past year.

Discover made PayPal a 5% cash back category for Discover it Cash Back holders from June through September in 2019.

Related reading: Discover adds extra 5% cash back categories at PayPal, Target and Walmart

Like the Discover it Cash Back card, the Chase Freedom card (No longer open to new applicants) offers 5% cash back in select rotating quarterly bonus categories (on the first $1,500 in purchases each quarter you activate). Last year, it made PayPal one of those categories.

Typically, non-bonus categories earn 1% cash back with the Chase Freedom card.

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The information for the Chase Freedom has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

Last summer, Citi offered some cardholders a $20 statement credit for spending $120 on PayPal purchases.

Both Discover and Chase make it easy to pay with rewards when checking out with PayPal.

Related reading: Why earning 5x points while sitting on the couch is extremely easy this quarter

Branded PayPal credit cards

PayPal offers two branded credit card options: A cash back Mastercard and a rewards Mastercard. PayPal credit cards are issued by Synchrony Bank.

Boost your rewards by using PayPal with your credit cards - The Points Guy (2)

PayPal's Cashback Mastercard awards 2% cash back on all purchases and doesn't charge an annual fee. To apply for the card, you must have a PayPal account.

Boost your rewards by using PayPal with your credit cards - The Points Guy (3)

The PayPal Extras Mastercard awards 3 points per dollar spent at gas stations and restaurants, and 2 points per dollar on PayPal and Ebay purchases. Other purchases earn 1 point per dollar spent. Points can be redeemed for gift cards, travel vouchers and cash back.

Does PayPal or my bank charge a fee for using a credit card?

PayPal doesn’t charge a fee on credit card payments for goods and services, but it charges a 2.9% fee on money sent to friends or family members. PayPal payments aren't cash advances. They're treated like retail transactions and shouldn't incur additional bank fees.

Can I send money with my credit card?

You can use your PayPal-linked credit card to send money to family and friends. PayPal charges a 2.9% fee plus 30 cents for the service.

Is using your credit card on PayPal a cash advance?

Payments made through PayPal aren’t considered cash advances, so you shouldn't expect a fee or cash advance APR on the transaction from your bank.

Payments through PayPal could even make you money if you're using a card whose bonus is larger than the fee you'd pay to PayPal.

Is PayPal safe?

PayPal has been around since 2002 and is generally safe to use, especially if you are using PayPal to pay for goods and services. PayPal uses industry-standard security and encryption and doesn’t share your credit card or banking information with payment recipients.

PayPal offers its own purchase protection on items that don't arrive or aren't as described and the credit cards paired with the account may offer their own protections.

Bottom line

Using a credit card with your PayPal account can be an easy way to earn extra rewards on the purchases you're already making, especially if you're a Citi, Chase or Discover cardholder. If you are a Discover or Chase cardholder, PayPal makes it especially easy to spend the rewards you've earned.

Boost your rewards by using PayPal with your credit cards - The Points Guy (2024)

FAQs

Do I still get points on my credit card if I use PayPal? ›

In most cases, you still earn rewards when you pay with your linked credit card through PayPal.

How much are PayPal reward points worth? ›

How much are PayPal Rewards points worth? 100 PayPal Rewards points = $1 redemption value.

How do I use my Wells Fargo Rewards with PayPal? ›

Select from the list of eligible cards and click on Add to PayPal. Then accept the Wells Fargo terms and conditions. You'll automatically move to the PayPal site to complete setup within PayPal. Your card is now ready for use with PayPal.

What happens when you link a credit card to PayPal? ›

Adding a credit or debit card not only saves the hassle of looking for payment details each time you shop, it also better guards your data as you no longer have to type in your financial information on the different websites you check out on.

Can you redeem PayPal points for cash? ›

After the funds move into your PayPal balance, you can transfer them to your connected bank account or send money to someone else through a funds transfer. Thus, you can use your rewards at PayPal checkout when shopping online or redeem your earnings for cash.

Is PayPal giving $10 rewards? ›

And now, PayPal offers an even bigger incentive to use its services: a $10 sign-up bonus for new customers. What is the offer? Earn $10 when you open a new U.S. PayPal account using a friend's referral link and complete an eligible transaction of at least $5.

How can I get free money on PayPal? ›

  1. Get Paid for Your Opinion With Survey Junkie (150 Point Sign Up Bonus) ...
  2. Complete Surveys Through Branded Surveys (100 Point Sign Up Bonus) ...
  3. Swagbucks ($10 Sign Up Bonus) ...
  4. Win PayPal Money with Blackout Bingo. ...
  5. Inbox Dollars ($5 Sign Up Bonus) ...
  6. MyPoints ($5 Sign Up Bonus) ...
  7. Ibotta ($20 Sign Up Bonus) ...
  8. Rakuten ($30 Sign Up Bonus)
Jan 3, 2023

How much is 500 PayPal points worth? ›

500 PayPal Reward Points will be added to your PayPal Account which is redeemable for $5 Cash.

What can I do with PayPal points? ›

PayPal Rewards is a program that allows you to earn points for purchases. Points can be redeemed for things like PayPal digital gift cards also known as an eGift card, or for travel vouchers.

Can you use PayPal rewards on Amazon? ›

No, but there are workarounds that allow you to use your PayPal account to pay for Amazon purchases. There are also workarounds that allow you to use PayPal Credit on Amazon—all you have to do is buy Amazon gift cards at a retailer that accepts PayPal Credit, then use those gift cards the next time you shop at Amazon.

How much is 20000 Wells Fargo points worth? ›

With the Wells Fargo Active Cash, you can earn $200 in cash rewards (20,000 points) after spending $1,000 on purchases within your first three months of account opening.

Can you transfer PayPal rewards to bank account? ›

** You need to have a PayPal Balance account to use your redeemed rewards in your balance. If you do not have that account, you can only transfer your Cash Rewards to your bank account or debit card linked to your account with PayPal.

How much is 30000 points Wells Fargo? ›

Once approved, new cardholders can earn a limited time offer of 30,000 bonus points after spending $1,500 in purchases within the first three months of card membership, which represents a $300 cash redemption value.

Is it better to link PayPal to credit card or bank account? ›

Whenever you're buying goods online, using a credit card instead of a bank account allows you to take advantage of the additional consumer protections that credit cards offer. If an unauthorized transaction is made from a PayPal account linked to your credit card, the card's fraud protection policies come into play.

Is PayPal Credit good for credit? ›

As mentioned above, PayPal Credit does not help you build credit, since a hard check will actually make your credit score go down.

How can I get $10 for free? ›

  1. Make $10 Fast Taking Online Surveys.
  2. Double Your Survey Rewards with Branded Surveys.
  3. Earn a $10 Sign Up Bonus with Swagbucks.
  4. Win $10 (or more) with Blackout Bingo.
  5. Get a $10 Bonus with Fundrise.
  6. Make $10 Right Now with Sign Up Bonuses.
  7. Get Paid to Play Games on Your Phone.
  8. Use Cash Back Apps to Make $10 Fast.
Nov 11, 2022

How can I get a free $5 PayPal? ›

How to claim your $5
  1. Step 1Check your account. This reward can only be claimed by using the email address connected to the social media account where you saw this offer.
  2. Step 2Log in to your PayPal account. Please make sure you use the email address that matches your social media account.
  3. Step 3Claim your reward.
Oct 31, 2022

How do I get my PayPal cashback bonus? ›

Login to your PayPal account and go to your Wallet. Click Link your Cashback Bonus2 under the Discover card that you want to enroll for rewards. Click Get Started, then Agree and Link.

How do I get PayPal free 250? ›

Get PayPal $250 for free with Swagbucks
  1. Sign up for Swagbucks. Sign up for free with just your email and password.
  2. Earn 25000 SB. Complete surveys, take advantage of promos, find shopping deals, play games or watch videos.
  3. Redeem your points for PayPal $250. Exchange your SB for a PayPal $250 .

How can I get free money legally? ›

Here are 10 legitimate ways to get free money online:
  1. Join a focus group.
  2. Start some freelance work.
  3. Review a mock trial.
  4. Earn while you shop.
  5. Sign up for surveys.
  6. Watch videos.
  7. Listen to music.
  8. Play games.

Where can I find free money? ›

Here are the best ways to make free money with little or no effort:
  • Bursaries, scholarships and grants. ...
  • Sign-up offers. ...
  • Money for switching bank or utility supplier. ...
  • Free money for referring friends. ...
  • Get a Student Loan refund. ...
  • Check if you're owed a tax rebate. ...
  • Earn interest with savings and current accounts.
Dec 12, 2022

How much is 1000 points worth? ›

Chase Points Value by Redemption Method
Redemption MethodAverage Point ValueValue of 1,000 Points
Chase Ultimate Rewards Travel – Sapphire Preferred1.25 cents$12.50
Chase Ultimate Rewards Travel – Ink Preferred1.25 cents$12.50
Chase Ultimate Rewards Travel – Other Cards1 cent$10
Cash Back1 cent$10
5 more rows
Nov 3, 2022

How much is 20,000 points worth? ›

20,000 Ultimate Rewards points are worth an average of $214, according to WalletHub data. You get the best value when redeeming Ultimate Rewards points for travel booked through Chase, though there are a few other redemption options to choose from.

How many credit card points equal a dollar? ›

Typically, credit card points are valued at 1 cent each. But the actual value you receive in exchange for your points can vary based on what you redeem them for and which card you have. Depending on the card, your redemption options might include: Travel.

Does Walmart accept PayPal Credit? ›

Yes. PayPal Credit is accepted anywhere PayPal is accepted, including Walmart.

What stores use PayPal? ›

Here is a list of stores that accept PayPal credit, both on their website and in their physical stores.
  • Michael Kors.
  • Bose.
  • Crutchfield.
  • Overstock.
  • Dyson.
  • New Balance.
  • Ulta Beauty.
  • Sephora.
Jan 16, 2023

Can I use PayPal on Walmart? ›

Shop in store with PayPal.

The PayPal Debit Card is a debit card that lets you access your PayPal balance to shop in store at Walmart and everywhere Mastercard® is accepted. Add your card to the Walmart Pay app and shop in store, wallet-free.

How much money are Wells Fargo reward points worth? ›

When redeemed for statement credits, Wells Fargo Rewards are worth 1 cent per dollar, but must be redeemed in increments of 100 points or $1. Redemptions made over the phone or online have a $25 or 2,500 point minimum. Redemptions made via ATM are subject to a $20 or 2,000 point minimum.

How many points is $100 Chase? ›

When redeemed for cash back, 10,000 Chase points are worth $100. When redeemed for travel booked through Chase, 10,000 points are worth $150 if you have the Chase Sapphire Reserve®, or $125 with the Chase Sapphire Preferred® Card or Ink Business Preferred® Credit Card, or $100 with other Chase cards.

What is $100000 Chase points worth? ›

100,000 Chase points are worth $1,070 with most Chase credit cards, whether you spend them on travel, cash back, gift cards, experiences or shopping.

Can PayPal take money from your bank account without permission? ›

They have no authority to withdraw or do anything else with your bank account. IF they withdraw something without your permission contact you bank and you'll probably need to send in some kind of a form to reverse it.

Can you withdraw PayPal money to a debit card? ›

You can withdraw money from your PayPal account to a bank account, debit card, or by check.

How many points is 200 Chase? ›

You need 20,000 Chase points for $200 when redeeming for cash back, travel, gift cards, shopping or experiences with most Chase credit cards.

How much is $10000 points worth? ›

Points are often worth about 1 cent each, but the value can depend on your card, the card issuer and how you redeem. Redemption options can include travel, cash back, gift cards and merchandise. For example, 10,000 points may be worth $100 when spent on gift cards but only $60 as a statement credit.

How much money is 50000 points? ›

50,000 Chase points are worth $535 with most Chase credit cards, whether you spend them on travel, cash back, gift cards, experiences or shopping.

How do I claim 5$ rewards from PayPal? ›

How to claim your $5
  1. Step 1Check your account. This reward can only be claimed by using the email address connected to the social media account where you saw this offer.
  2. Step 2Log in to your PayPal account. Please make sure you use the email address that matches your social media account.
  3. Step 3Claim your reward.
Oct 31, 2022

How much are my reward points worth? ›

Generally, travel miles and points are worth 1 cent each. But the value of your miles or points can vary based on the card you earned them with and what you redeem them for.

How much is 1 more rewards point worth? ›

The best way to use your points is on any travel purchase you make through the More Rewards travel portal. Each point is worth 0.43 cents when used this way. Or you could redeem your points for a More Rewards travel gift certificate – 25,000 points will give you a $100 gift card.

How do I get my $5 PayPal reward? ›

Get a $5 reward when you sign up with PayPal

Sign up for an account today, add a payment method, and start using PayPal. Spend at least $10 on Your first Purchase with PayPal as payment, and you will receive a $5 reward to Your account.

How many points is 1000 dollars? ›

You need 100,000 Chase points for $1,000 with most Chase credit cards and redemption methods. Some Chase travel rewards cards give extra value when you redeem for travel through Chase Ultimate Rewards, in which case you could get $1,000 with fewer points.

How many dollars is 5000 points? ›

Editorial and user-generated content is not provided, reviewed or endorsed by any company. 5,000 Chase points are worth $53.5 with most Chase credit cards, whether you spend them on travel, cash back, gift cards, experiences or shopping.

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