For those of you out there that are looking at getting a catch-all cash back credit card, the PayPal credit card is making more of a cash for itself through a targeted offer.
The standard earning rate on the better catch-all cards are 2%, and that’s usually what the PayPal credit card gives you. If you sign up before January 5th, you have the potential to get a targeted offer of earning 4% for the first 90 days with a maximum of $200.
Depending on how much you can spend in 90 days, will determine how valuable this deal is to you. If you are able to spend the entire amount, you’ll earn a total of $200. Unfortunately, the rate of return of that spend is only 4%, so while this is a sign up bonus per se, it doesn’t feel special like most other sign up bonuses out there. Still, this is a pretty neat card to have if you’re interesting in a cash back setup. It doesn’t have an annual fee, a foreign transaction fee, and there is no minimum redemption on the cash back you’ve earned.
Is this offer worth considering? Let us know down in the comment section below!