The PayPal Extras Mastercard® is one of two co-branded credit cards from PayPal and Synchrony. The other is the PayPal Cashback Mastercard®, which has a different rewards structure.
Paypal Extras Mastercard Credit Score
Paypal reports that you're "more likely to be approved" for the Extras Mastercard with a score of 650 or higher. There are reports of approvals with a score as low as 600. Ensuring your revolving balances are low and that you have less than six inquiries will help.
Yes. The PayPal Credit Card is worth it because it has a $0 annual fee and good rewards. It will not be worth it if you do not pay the bill in full every month, however, due to the card's high interest rate. ... The minimum credit score needed for good approval odds is 700.
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The minimum PayPal Credit Card credit score required is 700, which is good credit. As long as you have at least good credit, you should qualify for the PayPal Credit Card. If you use PayPal and eBay a lot, or like to eat at restaurants, it's worth the hard inquiry.
You can use the PayPal Cashback Mastercard or PayPal Extras Mastercard as a payment source in PayPal and anywhere that Mastercard is accepted, in stores and online.
As mentioned above, PayPal Credit does not help you build credit, since a hard check will actually make your credit score go down.
Does PayPal Credit Complete A Hard Pull (Or Hard Inquiry) When You Apply? Yes, applying for a PayPal credit card gives the bank permission to check your credit. This is done as a hard inquiry that impacts your credit score.
Best credit cards if your FICO score is 600 to 649 overview
| Credit Card | Best For |
|---|---|
| Capital One Platinum Credit Card | Rebuilding credit |
| Secured Mastercard® from Capital One | The lower end of fair credit |
| OpenSky® Secured Visa® Credit Card | Those with little to no credit |
| Discover it® Secured | Cashback rewards AND building credit |
PayPal and credit cards are two options. According to its website, PayPal is the more secure way to shop online because the seller never sees your credit card number. When you open your PayPal account, you can link it directly to your bank account or to a debit or credit card.
Can I transfer money to family and friends or my bank account using my PayPal Credit? Currently, your PayPal Credit limit cannot be used to send money to friends and family or to deposit funds into your bank account.
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