PayPal Business Credit Card Review 2025: Feature and requirements for US Businesses

If you’re running a small business and already use PayPal to get paid or make purchases, the PayPal Business Credit Card may be a natural fit. It’s a card designed specifically with business owners in mind, while offering cashback rewards and no annual fee. But is it the right choice for your business needs?

Let’s take a look at the key features, benefits, and downsides to help you decide if the PayPal Business Credit Card fits your day-to-day goals.

What You Need To Know

The PayPal Business Cashback Mastercard is a business credit card offering 2% cash back on all purchases, with no annual fee. This rate is higher than many entry-level business cards, but it may suit companies with diverse spending needs. The card is linked directly to PayPal accounts, which can make expense management and reward redemption more convenient.

There are no spending categories or cash back limits to monitor. However, recent reports suggest the card might be discontinued or undergoing changes, so availability could vary depending on when you apply. For businesses, especially those that use PayPal regularly, the card is a straightforward option to earn consistent cash back and rewards.

Features of the PayPal Credit Card for Business Owners

The PayPal Credit Card for business owners is built to simplify spending and reward everyday purchases. One of its standout features is 2% cashback on all eligible purchases, with no category restrictions, which is perfect for businesses with varied expenses.¹

It’s a Mastercard, so it’s accepted almost everywhere, and it integrates directly with your PayPal account for smooth tracking and easy access to funds.² There’s also no** **annual fee, which makes it especially attractive for small business owners trying to manage costs.³ On top of that, if you get declined, there is no impact to your credit score, so it’s safe to apply even if you’re unsure if you’ll be approved.⁶

It can also be easy to use if you’re tech-savvy. You can view and manage your credit card activity right from your PayPal dashboard, which helps make viewing your account much faster and easier.

Benefits, Considerations, and Annual Fee of the PayPal Business Credit Card

Like any financial tool, the PayPal Business Credit Card comes with both benefits and limitations. For business owners who already use PayPal, the card is a simple way to earn cashback and manage business expenses in one place. However, it may not be the best fit for every type of business, especially if you’re looking for premium travel rewards or more flexible customer service options. Understanding the benefits and considerations can help you decide if this card aligns with your needs and long-term goals. Below, we break it all down clearly so you can make an informed choice.¹

Annual Fee

One feature of the PayPal Business Credit Card is that it does not charge an annual fee, which may be appealing for small business owners monitoring expenses. This allows cardholders to earn cashback rewards and manage spending without an additional yearly cost. However, while the lack of an annual fee is attractive, it’s important to weigh this against the absence of premium features like travel perks or extended warranties that higher-tier cards might offer.¹

Wise Business Could Help Your Company Save on Global Payments

PayPal Business Credit Card Requirements

Before you apply for the PayPal Business Cashback Mastercard, it’s important to understand the basic requirements. The card is relatively accessible compared to traditional business credit cards; there are a few boxes you’ll need to check first.⁵ The application is quick and entirely online, but approval still depends on your credit and business status.⁴

To qualify, you’ll generally need:

• An active PayPal Business account⁵
• A good to excellent personal credit score (typically 700 or above)¹
• A U.S. business address and tax identification number⁵
• Regular or ongoing transactions and sales conducted via a PayPal account.²
• To be in good standing with PayPal⁴

It doesn’t require a separate business credit file, which makes it attractive for small or newer businesses.¹ But, you should make sure your PayPal account is active and verified before you apply to avoid delays.⁵

How to Apply for the PayPal Business Credit Card and Maximize Rewards

Applying for the PayPal Business Cashback Mastercard is pretty straightforward if you already use PayPal for your business. Here’s how to apply:

Step One:

Log in to your PayPal account and navigate to the “Business Tools” or “Products” section. From there, you’ll find the option to apply for the PayPal Business Credit Card.¹

Step Two:

Fill out the application form with basic information about your business, including income, ownership structure, and other relevant financial details.²

Step Three:

Once approved, you can start using your card immediately for business purchases. There's no waiting period to activate your account.

Step Four:

Pay off your balance in full each month to avoid interest charges. The card also comes with no annual fee, making it ideal for businesses aiming to minimize costs.⁴

Following these steps makes it easy to get started with the PayPal Business Cashback Mastercard, especially if you’re already managing your finances through PayPal. The quick approval process and immediate access to funds mean you won’t waste time waiting to start earning rewards.

Save Time and Money On Overseas Payments With Wise Business

Wise Business can help you save big time on international payments.

Wise is not a bank, but a Money Services Business (MSB) provider and a smart alternative to banks. The Wise Business account is designed with international business in mind, and makes it easy to send, hold, and manage business funds in currencies.

Signing up to Wise Business allows access to BatchTransfer which you can use to pay up to 1000 invoices in one go. This is perfect for small businesses that are managing a global team, saving a ton of time and hassle when making payments.

Some key features of Wise Business include:

• Mid-market rate: Get the mid-market exchange rate with no hidden fees on international transfers

• Global Account: Send money to countries and hold multiple currencies, all in one place. You can also get major currency account details for a one-off fee to receive overseas payments like a local

• Access to BatchTransfer: Pay up to 1000 invoices in one click. Save time, money, and stress when you make 1000 payments in one click with BatchTransfer payments. Access to BatchTransfer is free with a Wise Business account

• Auto-conversions: Don't like the current currency exchange rate? Set your desired rate, and Wise sends the transfer the moment the rate is met

• Free invoicing tool: Generate and send professional invoices

• No minimum balance requirements or monthly fees: US-based businesses can open an account for free. Learn more about fees here

Use Wise Business >>

Final Thoughts

In the end, the PayPal Business Cashback Mastercard offers real value for business owners who already use PayPal as part of their daily operations. With 2% unlimited cashback on purchases, no** **annual fee and a fast, online application process, it’s a strong option to consider in the business credit card space.⁴

Frequently Asked Questions (FAQs)

Can I use the PayPal Business Cashback Mastercard internationally?

Yes, you can use the PayPal Business Cashback Mastercard internationally wherever Mastercard is accepted. Just be aware that foreign transaction fees may apply, even though PayPal is known for international payments.¹

Can I request additional cards for employees on my PayPal business credit card account?

Yes, you can request additional employee cards at no extra cost. This is helpful for businesses looking to centralize spending and still earn cashback on all purchases.¹

How does the PayPal business credit card affect your credit score?

Like any revolving credit line, the PayPal credit card for business can impact your credit score if it's reported to personal credit bureaus. It’s typically based on your business and personal creditworthiness.²

Sources:

1. PayPal Business Credit Card Review – Yahoo Finance
2. What Is the PayPal Business Debit Card? – Merchant Maverick
3. PayPal Business Cashback Mastercard – Hustler Money Blog
4. PayPal Cashback Mastercard Discontinued – Caboodle Media
5. PayPal Business Cashback Card Review – SuperMoney
6. PayPal Cashback Mastercard