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 yourpoints for cash back, ashopping credit to useon your next eligible purchase when youpaywith PayPal, or a gift cardtoparticipating stores (for US members, you'll need 1,000 points for a gift card). Currently, redeemingPayPal Rewards points to shopping credit is only available for US, CA, UK, and some EU members. Redeeming PayPal Rewards points forcash backis only available to US members.

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

Redeem your PayPal Rewards points forashoppingcredit

Once you reach the Redemption Page, simply click the option to redeemfor ashopping credit.

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Then just choose the amount you’d like to redeem and hit Redeem.After that, PayPal will automatically apply your shopping credit to your next eligible transaction when you use PayPal to check out.

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To receive your shopping credit, your Honey account will need to be linked to a valid personal PayPal account in good standing.If you need to link your Honey account to your account with PayPal or create a new account with PayPal,simply follow the steps on the Redemption Page. For more help, scroll down to the section below on linking accounts.

US members also have the opportunity to redeem available PayPal Rewards points for a PayPal Shopping Credit, after using Honey to scan for coupon codes during the checkout process.

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Keep in mind, this redemption option is only offered on some merchant sites where PayPal Checkout is available. Once you redeem your PayPal Rewards points for a PayPal Shopping Credit through the Honey pop-up at checkout, that credit will automatically be applied to your next eligible transaction using PayPal Checkout to complete your purchase.

Remember that there are some terms and limitations for PayPal shopping credit. Here are a few things to keep in mind:

  • Voucher is issued for loyalty & promotional purposes, and cannot be redeemed for cash or withdrawn from your PayPal account or transferred to someoneelse
  • Voucher will be added to your PayPal account and will be automatically applied to your next eligible purchase when you select PayPal topay
  • Voucher must be redeemed by the expiration date, or it will expire.
  • There are no specific fees imposed in connection with the voucher (but standard PayPal transaction fees apply)
  • Voucher is not valid on send money transactions, eBay seller fees, eBay purchases paid via an eBay invoice, PayPal preapproved payments, and the payment of any PayPal transaction fees. Additional exclusions may apply, see PayPal Shopping Credit Terms and Conditions for details.
  • You can redeem up to a maximum of 10,000 PayPal Rewards points in a single day using the voucher option.
  • The PayPal Shopping Credit Terms and Conditions, the Honey Terms of Use, and the PayPal User Agreement apply.

Redeem your PayPal Rewards points for cashpayment

You can also choose to redeem your PayPal Rewards for a cash payment to your account with PayPal.Once you’ve earned enough points, simply go to the Redemption Page and click the option toredeem your points toyour PayPal balance to receive your cash payment.

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Like the option to redeem your PayPal Rewards pointsfor a shopping credit, your Honey account will need to be linked to a valid US personal PayPal account in good standing to receive your cash back. 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, US members can redeem their pointsfor cash back to their PayPal account. US personal account members who want to keep their money in PayPal as a balance, or use other features that rely on a balance, will need to have either a PayPal Cash or PayPal Cash Plus account in order to do this.

If you don’t have a PayPal Cash or PayPal Cash Plus 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 Cash or PayPal Cash Plus account.

Learn about the different types of personal accounts PayPal offers, and what you can do with each type of account here.

Just a reminder

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

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 PayPalshopping credit or cash back option.

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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.

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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 emailaddress on the account. You can learn more about that here.

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

1. Log into youraccount withPayPal like you normally do.

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

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

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After you’ve added your Honey email to youraccount with PayPal, you can return tothe Redemption Page to finish entering your PayPal credentials.Your accounts should now be linkedfor redemption. From there, you can easily redeem your PayPal Rewards for shopping credit or cash back.

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 withthe shopping credit or cash back,please reach out directly to PayPal Customer Service here. For all other issues related to your PayPal Rewards points, you can reach outto our Member Experience team.

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Redeeming PayPal Rewards to PayPal (2024)

FAQs

How do I redeem my PayPal rewards balance? ›

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 cash out PayPal rewards? ›

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. Or, if you have a PayPal Balance account, you can hold it as balance for future use.

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 a bank account? ›

PayPal rewards can only be used to make online payments. For example, they can be used/put toward an online purchase you are making. When making your purchase, the reward amount will show at the checkout. The rewards cannot be withdraw to your bank, or sent to a friend or family member.

How do I claim my PayPal balance? ›

Bank or Debit Card Transfer
  1. Go to Wallet.
  2. Click Transfer Money.
  3. Click Transfer to your bank.
  4. Select in minutes.
  5. Follow the instructions.

Can you use PayPal rewards anywhere? ›

You can use the cash back you earn when you make eligible purchases at any online stores that accept PayPal.

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.

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.

How do I use my PayPal Credit balance? ›

PayPal Credit is a reusable credit line that is like a digital credit card. It is linked to your digital wallet with PayPal, so you can use it every time you shop with PayPal. At checkout, simply select PayPal Credit as your payment method, and complete your purchase.

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 to redeem a code on PayPal? ›

Go to your account and select the Wallet section. In the Wallet menu, you should click on Add Money, enter your gift card details, and specify the amount you want to redeem.

How do I cash out my PayPal rewards? ›

Once you've earned enough points, simply go to the Redemption Page and click the option to redeem your points to PayPal.

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.

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.

How do I use my PayPal credit balance? ›

PayPal Credit is a reusable credit line that is like a digital credit card. It is linked to your digital wallet with PayPal, so you can use it every time you shop with PayPal. At checkout, simply select PayPal Credit as your payment method, and complete your purchase.

How do I activate my PayPal rewards? ›

Wallet. Select your PayPal Debit Card. Tap Explore offers. Select the offer(s) you would like to activate.

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