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PayPal Business Cashback Mastercard 2022 Review – Forbes Advisor

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PayPal Business Mastercard is part of a field crowded with competitors. Here are some other top options you should know about.

PayPal Business Cashback Mastercard® Credit Card* vs. Ink Business Cash® Credit Card

The Ink Business Cash® credit card comes with a generous cashback program, allowing cardholders to earn up to 5% cashback. The problem, however, is that the 5% rate is capped and applies only to certain spending categories.

Earn 5% cash back on your first $25,000 total purchase at office supply stores and internet, cable and phone services, and 2 on your first $25,000 total purchase at gas stations and restaurants Earn % cash back. Year of each account anniversary. Earn 1% cash back on all other purchases.

There is also a welcome bonus of $750 bonus cashback when you spend $7,500 within the first 3 months of account opening.

The annual fee for the card is 0 yen.

PayPal Business Cashback Mastercard® Credit Card* vs Capital One Spark Cash Plus*

Capital One Spark Cash Plus* Earn 2% cash back on all purchases and 5% cash back on hotels and car rentals booked through Capital One Travel. The annual fee is $150, but it has unique features that help large spenders manage their cash flow. This is a charge card and has no preset spending limits.

Balances cannot be carried forward from one month to the next. You must pay in full each billing cycle. Otherwise, you will be charged a late fee of 2.99% monthly.

There is a welcome bonus. $500 if you spend $5,000 in the first 3 months, plus another $500 if you spend $50,000 in the first 6 months.

PayPal Business Cashback Mastercard® Credit Card* vs. American Express Blue Business Cash™ Card

American Express’ Blue Business Cash Card is another no-annual-fee cashback card for small businesses (conditions apply, see Fees & Fees). This card offers 2% cash back on all qualifying purchases up to $50,000 per calendar year, and 1% thereafter. If your business spends over $50,000 a year, the PayPal Business Card is a winner when it comes to annual cash back you earn. However, some business owners may prefer a list of Blue Business Cash Card benefits. For example, this card comes with purchase protection that covers new purchases against damage or theft for he for 90 days. *

You can earn the following welcome bonuses: $250 statement credit when you make a purchase of $3,000 within the first three months of opening your account.

*When an American Express® Cardmember claims a Qualifying Purchase on a Qualifying Card, Purchase Protection helps protect the Qualifying Purchase in the event of theft or accidental damage for up to 90 days from the date of the Qualifying Purchase. Coverage is limited to a maximum of $1,000 per occurrence and a maximum of $50,000 per calendar year per cardmember account. Eligibility and benefit levels vary by card. Terms and restrictions apply. For more information, visit americanexpress.com/benefitsguide. Underwritten by AMEX Assurance Company.