PayPal Cashback Mastercard vs. Citi Double Cash vs. Discover Match
If the idea of an unlimited 2% cash back card is on your mind, this is the comparison you’re likely here to see.
As mentioned previously, the Citi Double Cash is one of our favorite credit cards because it offers a straightforward 2% cash back. You earn 1% cash back as you purchase, followed by an additional 1% cash back earned when you pay your bill.
This PayPal Cashback Mastercard can match that 2% cash back, but does it stack up with the Double Cash in other areas? One card that is not mentioned is one that is better than both of these the Discover IT Match Card where you get double cashback with an additional 2% and 5% on quarterly bonuses.
Here’s a quick comparison of the cards to help you understand the main differences between the two:
| Credit Card Perk | PayPal Cashback Mastercard | Citi Double Cash |
|---|---|---|
| Annual Fee | $0 | $0 |
| Intro Period for 0% APR on Balance Transfers | None | 18 months |
| Cash Back Rewards | Unlimited 2% | Up to 2% unlimited (1% when you purchase, 1% when you pay your bill) |
| Cash Back Balance Redemption Minimum | No minimum | $25 |
| Cash Back Redemption Method | Via linked PayPal account: Debit card or bank account credit | Check, statement credit, credit to linked bank account, or credit card points |
| Intro Period for 0% APR on New Purchases | None | None |
| Welcome Bonus Opportunity | None | None |
| Foreign Transaction Fees | None | 3% |
When trying to decide which is the better fit for your wallet, consider things like your preferred cash back redemption method and whether or not you’d have a use for the Double Cash’s introductory balance transfer offer.