The PayPal Extras Mastercard is a decent choice for anyone who does a great deal of spending on Ebay and Paypal. It rewards you for spending done with both PayPal and Ebay along with giving you a little bit of extra for using the card on gas and restaurant purchases. Unfortunately, PayPal Points are really worth that much and some redemptions require you to draw out your plan in advance due to a 21-day restriction. If you're big on Ebay and Paypal, you're better off with the PayPal Cashback Mastercard.
|Authorized User Fee|
|Foreign Transaction Fee|
The PayPal Extras Mastercard features four bonus categories. Those bonus categories are gas station, restaurant, PayPal purchases, and Ebay purchases. There is no cap on any of the bonus categories and no limit to the amount of PayPal Points you can earn using the card.
- 3x Gas Station
- 3x Restaurant
- 2x Paypal
- 2x Ebay
- 1x Non-Category
With Paypal Points being worth 0.83 cents each, you're looking at a 2.49% return on the 3x categories, 1.66% return on the 2x categories, and a 0.83% return on all non-category purchases. There are higher earning credit cards for both gas stations and restaurant purchases. You can also use a standard 2% cash back credit card such as the Citi Double Cash to earn a higher return on Paypal, Ebay, and non-category purchases.
Perks & Benefits
There aren't really any perks specific to the PayPal Extras Mastercard outside of the standard benefits you would receive for it being a Mastercard. This is things such as extended warranty, 60-day price protection, and identity theft alerts.
One thing worth noting is that PayPal offers targeted promotions and bonuses occasionally which can earn you a great deal of points for minimal spend. These are promotions such as 'Earn 6,000 points when you spend $500 on the card'. These promotions can be a good way to build points.
Sign Up Bonus
The Paypal Extras Mastercard does not have a standard sign up bonus.
The PayPal Extras Mastercard does not have an annual fee. This means you can earn a decent return on your points without having to worry about meeting a certain amount of spend every year to make the card worth it.
Authorized User Fee
There is no authorized user fee for the PayPal Extras Mastercard. If you have friends or family that spend in these categories, adding them as additional users will help you build points.
Foreign Transaction Fee
The PayPal Extras Mastercard has a foreign transaction fee of 3%. This fee is higher than the value of Paypal Points which means using this card for international travel or international spending will eat away your rewards faster than you can earn them. If you're love PayPal but don't love that fee, you can check out the PayPal Cashback Mastercard which doesn't have an annual fee or authorized user fee.
You can use the rewards calculator to calculate how many points, miles, or cash back you can earn based on your spend per category. This calculator will also give you the dollar value of the card based on the value of the rewards earned and how much each benefit is worth to you, minus the annual fees. You can click the Compare A Card button to compare this card side by side any other card featured on the site within the same calculator.
Note! All category spend entered in the primary card's column (first column when comparing cards) will carry over to all credit card calculators on the site. This means you will not have to re-enter the same information again and again when browsing during the session.