How do PayPal cards work?
When you apply for a PayPal card and it is approved, you will receive a physical card in the mail. This card can be linked to your PayPal account, which means that any transaction made with the card will directly deduct funds from your PayPal balance or linked bank account.
PayPal cards can be used just like any other debit or credit card. You can use them to make purchases at stores that accept Mastercard, withdraw cash from ATMs, and even shop online.
What are the types of PayPal cards available?
PayPal offers two main types of cards: the PayPal Cash Card and the PayPal Extras Mastercard.
PayPal Cash Card
The PayPal Cash Card is a debit card that allows you to access your PayPal balance for everyday purchases and withdraw cash from ATMs. It does not require a credit check or a bank account, making it easily accessible for anyone with a PayPal account.
With this card, you can add money to your PayPal balance at retail locations, receive funds from friends and family, and manage your account using the PayPal mobile app.
PayPal Extras Mastercard
The PayPal Extras Mastercard is a credit card that provides additional benefits for frequent PayPal users. With this card, you can earn reward points on your purchases, which can be redeemed for various rewards such as gift cards, travel vouchers, and more.
Additionally, the PayPal Extras Mastercard offers a line of credit that allows you to make purchases even if you have insufficient funds in your PayPal balance. You can then repay the borrowed amount over time, subject to interest charges.
How to apply for a PayPal card?
To apply for a PayPal card, you need to have a PayPal account. If you don’t have one, sign up for a PayPal account on their official website. Once you have an account, follow these steps:
- Log in to your PayPal account.
- Go to the “Wallet” tab.
- Select “Get a PayPal Card”.
- Choose the type of card you want to apply for (Cash Card or Extras Mastercard) and click “Apply”.
- Follow the on-screen instructions to complete your application.
PayPal cards provide a convenient way to access your PayPal funds for everyday purchases, online shopping, and cash withdrawals. Whether you choose the PayPal Cash Card or the PayPal Extras Mastercard, these cards offer flexibility, security, and additional benefits for PayPal users. Applying for a PayPal card is easy and can be done through your PayPal account.
So, if you want to make the most of your PayPal account, consider applying for a PayPal card today!