Is PayPal's Cashback Debit Card Worth It? // Full Review!

Curious about PayPal's cashback debit card? Today, we delve into its perks, exploring how it stacks up against competitors like Cash App and Venmo. But first, let's dissect the intricacies of PayPal's offerings.

🤔 What Sets PayPal Apart:
PayPal's versatility extends beyond friend transactions. It's a go-to platform for secure online purchases. The cashback debit card enhances this experience.

💳 Cashback and Offers:
The PayPal debit card, linked to your PayPal balance, offers cashback perks. The app also boasts exclusive online cashback offers. Currently, there are only five in-app offers, including 5% on groceries—a decent selection, but room for improvement.

💰 Funding Your Account:
Adding funds is a breeze—external bank transfers, in-store options at 90k+ locations, direct deposit, and even mobile check deposits. Accessibility is key.

🌍 International Use and ATM Access:
PayPal's debit card facilitates fee-free withdrawals at 33k+ Moneypass ATMs. International use is possible, but be mindful of the 2.5% foreign transaction fee.

🔥 Standout Features:

High-Interest Savings: Earn 4.3% interest on your PayPal savings account—FDIC insured for added security.
Venmo Integration: PayPal owns Venmo, streamlining transactions between the two platforms.
Crypto Purchases: You can buy cryptocurrency through your PayPal account.
Bill Setup: Seamlessly manage bills through your PayPal account.
FDIC Protection Note: While your savings are FDIC insured, the PayPal account balance lacks FDIC protection—something to be aware of.
👎 Impression on Cashback:
The cashback offers may not be groundbreaking, but PayPal's robust security and additional features make it a worthwhile platform. The card, while not a cashback powerhouse, complements PayPal's overall ecosystem.

🚀 Conclusion:
In summary, while the cashback may not steal the spotlight, PayPal's comprehensive features, security, and convenience make it an excellent choice. Explore the ins and outs, weigh the pros and cons, and decide if it aligns with your financial needs.

Timestamps:
0:00 - Intro
0:25 - Benefits of PayPal
1:15 - PayPal Debit Card Cashback
2:34 - Ways to Add Money to PayPal Balance
3:00 - ATMs and International Usage
3:25 - 5 Essential Things to Know about PayPal!
4:22 - Is PayPal Cashback Debit Worth It?

#Calebbale #paypal #cashback

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[lzxty]

I have this card, its nice. Much better than my local bank's debit card. Recently (by recently I mean it changed for me today), it said at the start of every month i can choose a category to get 5% cashback in

[andBroke]

Nice breakdown Caleb. I think I have the PayPal credit card because my daughter bought something on etsy.

[Itsmanchezzzzz]

I want to get the debit card but I don’t think I’m going to use cash back tho

[MemoriesGamer]

questions? dose PayPal Debit Card have a Monthly fee? some shopping need a Card to shop like epic games store, playstation store website not ps4/ps5 system store for some reason

[jevonroberts]

So if I live in Jamaica and need to make a withdrawal at an atm here, it will work?

[marco_non_toxicztrt]

So if I linked my cash app debit card to PayPal, would it be a bad thing if I also got a PayPal debit card?

[Steven-kh]

So I can use the debit card in stores and online if I have money in my balance right?

[josephedwards]

How do you add money at Walmart. PayPal app dosent say I can do it there

[robertmtaylor]

Walmart has already a Cash Back Offer, with: PayPal, but is very limited.

[xkumaxberriesx]

Are there any particular down sides when banking with PayPal?

[santap]

Can you order this debit card in Europe?
Can you cash widtaw from your paypal account money earned online? If yes what is maximum amount montly and big are fees?

[AkhakonBlessing]

Please I need help am trying to opay paypal on line and they ask me about the card I don't know what to do pls someone should pls help

[nightmaredarcy]

i have a prepaid card that has 20 dollars but i cant use it since the page dosent work

[carolhewett-folq]

How do you just get the depit card without have to enter your bank information. I just want it for cash app like ibotta . Where i can have cash sent to depit card

[Torao-]

what happens if you overdraft the card?

[richellebilan-xewe]

Hello is it available in tha Philippines? I’m planning to get one

[sherrypearson]

So I’m getting two $5 rebates and they will only send to paypal or Venmo. Which one is best to receive rebates and is it even going to be worth it and how much will they take?

[dcjrsrt]

I miss the top off feature since that option was removed i stoped using it, i have to transfer ahead of time, before i would just swipe the card and it would top it off from my back account in intervals of $20 so if i spent $38 it would transfer $40 from my bank account.

[Qmurda]

I used the PayPal debit card at a atm and it didn’t work

[cashaiesha]

78 cents😂😂 if its me I probably get ..25 cents