PayPal Cashback Mastercard

This card is worth a look if a meaningful share of your online spending runs through PayPal. Earning 3% back on PayPal purchases is the whole story here, and for regular PayPal users that can be an easy way to get above-average rewards on a lot of online transactions without tracking rotating categories or partner merchants. The 1.5% back on other purchases is straightforward and respectable for a no-annual-fee card, even if it is not especially distinctive.

For most readers, the decision comes down to how often you actually check out with PayPal. If that is only occasional, this card is harder to justify as a primary card because it has no welcome bonus, no meaningful perks, and a 3% foreign transaction fee. It makes more sense as a specialized card for PayPal purchases, or as a simple no-fee option for someone who values ease over extra features.