The
PayPal Extras Mastercard is a
$0 annual fee credit card for people with
good credit or better. It offers 3 rewards points per $1 spent at gas stations and restaurants, in addition to 2 points per $1 spent through PayPal and eBay, and 1 point per $1 on everything else.
Two of the biggest downsides of the
PayPal Extras Mastercard are its high APR (
19.99% - 26.99% (V), depending on creditworthiness) and its
3% foreign transaction fee. Both costs are avoidable, however, if you only use the card in the U.S. and always pay the full balance owed by the due date.
Below, you can find more information to help you decide whether or not to apply for the PayPal Extras Mastercard Credit Card. If you have questions about an existing account, the PayPal Credit Card customer service number is 866-396-8254.
PayPal Credit Card Review Highlights:• Annual Fee: $0• Initial Bonus: None
• Ongoing Rewards: 1 - 3 points / $1• Introductory APR: Not Offered• Regular Interest Rate: 19.99% - 26.99% (V)• Rewards Redemption Options: The PayPal Extras Mastercard lets cardholders redeem rewards points for cash back, gift cards, travel and merchandise.
• Point Value: PayPal Credit Card points are worth less than 1 cent each when redeemed for cash back. You need 6,000 points for a $50 credit. Point values vary with other redemption methods.
• Application Requirements: To be eligible, an applicant must be at least 18 years old, live in the U.S. or one of its territories, and have a PayPal account.
Bottom Line: Is the PayPal Credit Card Worth It?Yes. The
PayPal Extras Mastercard is worth it because it has a
$0 annual fee and good rewards. It will not be worth it if you do not pay the bill in full every month, however, due to the card’s high interest rate.
If you’re not sure whether your credit is good enough to get approved for the PayPal Extras Card, you can
check your latest credit score for free on WalletHub. The minimum credit score needed for good approval odds is 700.
Note: This review is not provided, commissioned or endorsed by any issuer. Opinions and ratings are our own.