In this guide

  • Our verdict
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure
PayPal Debit Card
4.3
★★★★★
Finder score
On PayPal's secure site
Fee
$0 per month
Minimum deposit to open
$0

Our verdict

Access your PayPal Balance account at retailers and ATMs with this reloadable debit card.

PayPal Debit Card gives you easy access to your PayPal balance to make purchases wherever Mastercard is accepted. There's no monthly maintenance fee or opening deposit requirement and you get access to over 37,000 ATMs in the MoneyPass network. Notably, this debit card offers 1% to 9% cash back on eligible retail purchases. This makes the PayPal Debit Card a useful way to gain more value out of your PayPal account. However, there are a few areas to watch out for with this card: you have a $400 daily limit for ATM withdrawals and you might pay $2.50 for each withdrawal made at non-MoneyPass ATMs. Overall, it's a solid addition to any heavy PayPal user's wallet, but won't replace your existing debit cards.

Best for: Consumers who frequently rely on PayPal for storing their income.

Pros

  • Earn cash back at participating retailers
  • Large ATM network through MoneyPass
  • Pass-through FDIC insurance for $250,000

Cons

  • Only connects to your PayPal account
  • No check-writing abilities
  • No overdraft without a linked bank account or debit card

In this guide

  • Our verdict
  • Your reviews
  • Ask a question

Who is the PayPal Debit Card best for?

Given the reliance on an active PayPal account, the PayPal Debit Card is best for those who frequently use PayPal and want to use those funds on purchases in store. The potential cash back on the card is also a nice bonus: the higher rates of 4% to 9% are higher than what you’d find on even the best rewards credit cards.

What makes it shine

The PayPal Debit Card‘s big draw is the easy access you get to your PayPal funds. While PayPal lets you use your funds when making online purchases, the debit card lets you use those funds for in-store purchases.
Cash back is another big perk. It’s not often that debit cards offer cash back opportunities, and when they do, you can expect rates of around 1% to 2%. The PayPal Debit Card‘s cashback rate ranges from 1% to 9%, depending on the retailer, which is some mighty value if you can take advantage. Paypal gives you a variety of ways to redeem your points, including cash, shopping credit and gift cards. However, the exact cash back earned depends on the retailer.
Finally, opening a PayPal Debit Card gives you pass-through insurance from the FDIC for up to $250,000. Typically, your PayPal funds aren’t insured by the FDIC since PayPal isn’t a bank. But with the PayPal Debit Card, your funds are held by one or more of PayPal’s partner banks, making your PayPal account balance eligible for FDIC insurance.

Where it falls short

While the PayPal Debit Card has distinctive perks, it may not replace your traditional bank account. You can’t write checks, and if you don’t have enough money in your PayPal balance to cover a transaction, PayPal will automatically debit your linked bank account or debit card to cover the difference. Otherwise, the purchase may be declined entirely if you opt to not link a bank account.

PayPal Debit Card fees and access

Type of feeFee details
ATM withdrawal, out-of-network$2.50
ATM international withdrawal$2.50
Foreign transaction fee2.50% of the purchase
Teller withdrawal$3
Over the counter cash withdrawal$3
Cash reload at participating storeUp to $4.95

4 ways to load your debit card

Add funds to your PayPal account balance in four ways:

  1. Direct deposit
  2. Cash at over 90,000 participating retailers for a fee up to $4.95
  3. Mobile check deposit
  4. Bank transfer

Customer experience

There aren’t many consumer reviews available on social media, though thoughts on other PayPal products are generally positive. However, a few consumers are wary of its security strength.
PayPal is accredited with the Better Business Bureau and has an A rating. It earns a 1.3 out of 5 on Trustpilot, with consumer reviews complaining of poor customer service.
Contact PayPal at 844-896-4937 weekdays from 7 a.m. to 10 p.m. and weekends from 8 a.m. to 8 p.m., or through your account’s help center for support.

Compare PayPal Debit Card to other debit cards

Narrow down your debit card options by fees, APY and more. Select Compare on up to four accounts to see their features side-by-side.

1 - 6 of 68
Name Product Fee Minimum deposit to open Annual Percentage Yield (APY) Offer
SoFi Checking and Savings
Finder Score: 4.5 / 5: ★★★★★
Bonus
SoFi Checking and Savings
$0 per month
$0
4.60% on balances of $0+
0.50% on balances of $0+
1.20% on balances of $0+
Get up to $300 cash bonus with qualifying direct deposit. Terms apply. This offer is available until December 31, 2024.
Upgrade Rewards Checking Plus
Finder Score: 4.3 / 5: ★★★★★
Upgrade Rewards Checking Plus
$0 per month
$0
N/A
Primis Perks Checking
Finder Score: 4.8 / 5: ★★★★★
Primis Perks Checking
$0 per month
$1
N/A
Earn 50 cents for every debit card swipe except for ATM transactions
Cash Card by Cash App
Finder Score: 4.4 / 5: ★★★★★
Cash Card by Cash App
$0 per month
$0
N/A
Step Black Card
Finder Score: 4.3 / 5: ★★★★★
Step Black Card
From $0 per month
$0
5.00% on balances of $0 to $1,000,000
PNC Virtual Wallet with Performance Select
Finder Score: 3.4 / 5: ★★★★★
Bonus
PNC Virtual Wallet with Performance Select
$25 per month
(can be waived)
$0
0.01%
Earn $400 when you open a new PNC Virtual Wallet with Performance Select and establish a direct deposit of at least $5,000+ to your Spend account in the first 60 days.
loading

Checking account ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

We analyze top checking accounts and rate them one to five stars based on factors that are most important to you. These factors include: monthly fees, the ease at which monthly fees can be waived, the breadth of ATM access, ATM and overdraft fees, and customer service.

Read the full methodology of how we rate checking accounts.

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question
Avatar

Steven Finder

Senior writer

Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our finder.com Terms of Use and Privacy and Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Go to site