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Card economics

PayPal Debit Card

PayPal Debit rewards are modeled at 1 cent per PayPal Rewards point when redeemed toward eligible PayPal checkout purchases. Cash-out redemption ends after August 1, 2026; options, values, eligibility, and terms can change.

PayPalMastercardPayPal RewardsPoor credit

Annual fee

No annual fee

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Welcome offers change frequently — check the issuer's page for the current offer.

Earn rates

Earn rates for PayPal Debit Card
CategoryRate
Everything else0xBase rate

Category selection rules

5% selected monthly category

Choose 1 category for the bonus rate

5x
DiningFast FoodGroceries — in storeGroceries — onlineWhole FoodsWarehouse ClubsCostco / Costco.comGas stations (excluding Costco Gas)EV ChargingTransitApparel

Categories in the same issuer-defined group use one selection.

Groceries — in store + Groceries — online + Whole Foods + Warehouse Clubs + Costco / Costco.com

Dining + Fast Food

Gas stations (excluding Costco Gas) + EV Charging

Cap: $1,000/month | Non-selected categories earn 0x

The optimizer selects the highest-modeled-value categories based on your spending.

Catalog record last reviewed Aug 2, 2026. Issuer terms and available offers control and may change.

Official issuer page

Next step

One card is a start. The modeled setup is the whole wallet.

The PayPal Debit Card might be useful on its own, but the modeled combination depends on your total spending. The optimizer searches eligible portfolios and clearly labels whether the result was proven optimal within that run's inputs or is the strongest valid setup found before timeout.

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