Redeeming PayPal Rewards to PayPal (2024)

Earning PayPal Rewards points is fun, but redeeming them is even more exciting. Once you’ve earned enoughpoints,you canhead to the RedemptionPage, sign into your Honey account, and choose how you want to redeem yourpoints.

You can redeem your points from your linked PayPal account for cash back, redeem to a PayPal high-yield savings account, donate to a charity, or spend directly within PayPal Checkout. You can also redeem for a gift card to participating stores (for US members, you'll need 1,000 points for a gift card) from your Honey account. Currently, redeeming PayPal Rewards points within PayPal is only available for the U.S.

For help with redeeming your PayPal Rewards for gift cards, check here. If you want to redeem your points to your account with PayPal, just follow the steps below.


Redemption Options Available at PayPal


You canchoose to redeem your PayPal Rewards for cash, or to your PayPal high-yield savings account (you must have a PayPal savings account to see this option) or donate to a charity from within your linked PayPal account or redeem your points when checking out with PayPal. Once you’ve earned enough points, simply go to the Redemption Page and click the option to redeem your points to PayPal.

Your Honey account will need to be linked to a valid U.S. personal PayPal account in good standing to redeem to PayPal. As a reminder, you can link your accounts or create a new account with PayPal on the Redemption Page. Scroll down to the linking section if you need more help.

Once you’ve linked your accounts for redemption, U.S. members can redeem their points to their PayPal account. U.S. personal account members who want to keep their cash redemption in PayPal as a balance, or use other features that rely on a balance, will need to have a PayPal Balance account in order to do this.

If you don’t have a PayPal Balance account, you can still use your personal PayPal account to receive your cash back and transfer it to a linked debit card or bank account. You can also do the same if you have a PayPal Balance account.

Just a reminder


Keep in mind that once you redeem your PayPal Rewards points, we’re not able to cancel the redemption or change the redemption type. We want you to be happy with your choice, so the more you know the better.

If you redeem your PayPal Rewards points in PayPal Checkout and the order is refunded, the points will be returned to your PayPal Rewards balance once the refund is completed.

If you’d prefer to redeem your points for store gift cards instead, check out how here

How to link youraccount with PayPal to your Honey account for redemption

Start by going to the Redemption Page and selecting the redeem to PayPal option.

You’ll have the option to link an existing PayPal account or create a new account if you don’t have one yet. If you need help creating a PayPal account, check out the section below.


To successfully link your accounts, you’ll need to make sure that the PayPal account you’re using to log in has your Honey account email as either the primary or an additional email address on the account. You can learn more about that here.


If your account with PayPal doesn’t already have your Honey email address listed, you can easily add your Honey email by following these steps:

1. Log into your account with PayPal like you normally do.

2. Click the settings icon at the top right of the page.

Redeeming PayPal Rewards to PayPal (1)


3. Add your Honey email by clicking the plus sign on the email section of the page.

Redeeming PayPal Rewards to PayPal (2)

After you’ve added your Honey email to your account with PayPal, you can return to the Redemption Page to finish entering your PayPal credentials. Your accounts should now be linked for redemption. From there, you can easily redeem your PayPal Rewards forcash,or to your PayPal high-yield savings account, or donate to a charity. You can also choose to redeem directly within PayPal checkout the next time you pay with PayPal.

Note: If you need help unlinking your PayPal and Honey account for redemption, reach out to us at yourfriends@joinhoney.com for help.

How to create a newaccount with PayPal

Don’t have a PayPal account yet? Don’t worry. Just follow this article to get everything set up.

Still need help?

If there’s a problem or error with yourredemption to PayPal, please reach out directly to PayPal Customer Service here. For all other issues related to your PayPal Rewards points, you can live chat us here between 9am-6pm PST, M-F, or reach out to us via email at yourfriends@joinhoney.com.

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Redeeming PayPal Rewards to PayPal (2024)

FAQs

How do I cash out my PayPal rewards? ›

How can I redeem PayPal Rewards points? Visit the PayPal app or website to redeem your PayPal Rewards Points for several different options. Among these, there's the option to redeem for cash, to your PayPal High-Yield Savings account, or donate to a charity through PayPal Giving Fund.

How do I use my PayPal reward credit? ›

To use PayPal Pay with Rewards, you'll need to link an eligible credit card to your PayPal account, and then select the option to activate Pay with Rewards. Once you've done this, you'll see the option to pay all or some of future eligible purchases with the reward points you've collected.

Will PayPal reward points redemption to the PayPal shopping credit will no longer be available? ›

Effective May 20, 2024: PayPal Rewards points redemption to the PayPal Shopping Credit will no longer be available.

Can you transfer PayPal rewards to bank account? ›

After you have elected to redeem Points for cash, it can take up to 24 hours for the funds to be sent to your PayPal account. After that, to cash out your funds, you can transfer them to the linked debit card or bank account.

How can I claim my PayPal reward? ›

Travel to the rewards page and select the "Money" category on the left sidebar. Select the amount you wish to claim. You will see a "Redemption info" modal pop-up. You must click "Redeem" to continue to claim the reward successfully.

How do I redeem money from my PayPal account? ›

To withdraw money on the app:
  1. Tap your PayPal balance.
  2. Tap Transfer Money.
  3. Tap Transfer to bank.
  4. Follow the instructions.

Can you use PayPal with Cashrewards? ›

Only verified PayPal accounts can be linked to Cashrewards. If your PayPal account is not verified, please contact PayPal for assistance and ensure your verification status is updated.

How do I activate my PayPal rewards? ›

How do I find and activate my PayPal Debit Card rewards?
  1. Tap. Wallet.
  2. Select your PayPal Debit Card.
  3. Tap Explore offers.
  4. Select the offer(s) you would like to activate.
  5. Tap Activate.

How do I use my PayPal Credit balance? ›

At checkout, simply select PayPal Credit as your payment method, and complete your purchase. You can use PayPal Credit at millions of stores online where PayPal is accepted.

How do I get cash from PayPal Credit? ›

You can withdraw up to $400.00 USD from your PayPal Balance account from an ATM each day using the PayPal Debit Card. You can also withdraw funds from a bank teller at a participating bank branch or other financial institution.

How does pay with rewards work? ›

Pay with Rewards is a one-of-a-kind digital experience that gives cardholders the freedom to spend points like cash at the moment of purchase for instant, seamless rewards redemption.

How do I turn my PayPal rewards into cash? ›

There are several ways to redeem your PayPal Rewards points. Points can be applied towards shopping purchases made using PayPal, where available. You can also choose to redeem for cash back or a shopping credit (to use on a future PayPal purchase) in the PayPal app or online.

Why is PayPal not letting me use PayPal Credit? ›

PayPal Credit might not be offered for all purchases.

Depending on the circ*mstances of each purchase, sometimes you could be restricted from using your credit line even if the seller accepts PayPal Credit. Please try to complete your purchase using another available payment method.

Why are my PayPal rewards not showing up at checkout? ›

PayPal Rewards transactions generally take about 2-14 days to appear as pending on your Activity page after making a purchase (although this may vary and take longer, depending on the purchase and retailer). So don't worry – it could still be processing behind the scenes.

How to get PayPal rewards money? ›

Once you save an offer and use your PayPal Debit Card on eligible purchases within the allotted timeframe, you'll earn PayPal Rewards points which you can redeem for cash back or other options. Terms and exclusions apply.

How do I withdraw cash rewards? ›

Usually, the most common ways to redeem cash back rewards are by requesting a statement credit to offset your current card balance or by having the funds deposited into a linked bank account. You may also be able to request your rewards in the form of a check.

Can you redeem PayPal for cash? ›

You can withdraw up to $400.00 USD from your PayPal Balance account from an ATM each day using the PayPal Debit Card. You can also withdraw funds from a bank teller at a participating bank branch or other financial institution.

What is PayPal Rewards cash back? ›

For example, the PayPal Cashback Mastercard® allows people to earn unlimited 3% cash back1 on purchases made through PayPal. Alternatively, a rewards program like PayPal Rewards allows users to earn limitless cash back when shopping with PayPal by adding reward offers to their account.

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