Paypal Credit Card to Offer Three Percent Cashback like Rival Apple Card

Payment platform, Paypal has unveiled its upgraded credit card that is designed to offer users more cashback, depending on how they make their purchases.

The new upgrade will offer users three percent cash back when they check out with PayPal Cashback Mastercard via online, mobile and in-store (with the PayPal QR Code) payments.

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The new upgrade is expected to offer customers more cashback as PayPal competes with rival companies like Apple Card.

PayPal said that it has redesigned the PayPal Cashback Mastercard user interface on its app and the web to offer a more simplified way to access rewards and make payments with cashback daily with no annual fee.

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Active users are expected to get access to the upgraded card, while newcomers will get a bonus of $100 on their first $500 spent.

The new PayPal Cashback Mastercard is expected to be available soon.

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