PayPal Cashback Card
From Travel Strategies
Credit Card List
PayPal Webpage (Synchrony)
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Annual Fee
No annual fee
Typical Signup Offer
None
Signup Bonus ChartBonus Categories
2% All Purchases
No Foreign Transaction Fee
The PayPal Cashback card is probably the best of the no-annual-fee 2% cash back cards. Unlike the Citi Double Cash Card and the Fidelity Rewards Credit Card, it doesn't have a foreign transaction fee. It also has no minimum threshold for redeeming awards.
Any one of these cards makes a great general purpose reward card for anyone who can't get the Sapphire Reserve / Unlimited cards, doesn't spend enough to warrant paying an annual fee, doesn't have $100,000 of investments or retirement assets to move to Merrill Lynch, and isn't interested in, or qualified for, one of the other advanced options.
Collecting the Signup Bonus
There is none.
Other Notable Benefits
None.
Bonus Categories
None