Mastercard and PayPal Renew Credit Card Program

Mastercard and PayPal Renew Credit Card Program

August 1, 2016         Written By Natalie Rutledge

PayPal and Mastercard announced a multi-year extension of their consumer credit card program in the United States and Puerto Rico.

The PayPal Extras Mastercard, which was released 10 years ago, offers PayPal members a number of rewards, including Buyer Protection for all purchases made through PayPal. The card, which has EMV chip technology, also provides Priceless rewards. Cardmembers earn triple reward points for fuel and restaurant purchases, double reward points for PayPal and eBay purchases, and one point for every $1 spent.

“We are proud to continue our long-standing relationship with PayPal through this program,” said Craig Vosburg, president, North America, Mastercard. “In this increasingly digital world, we are providing PayPal cardholders with the most advanced and secure technologies, giving them the core guarantees and benefits they’ve come to expect from Mastercard, regardless of how and where they pay.”

“PayPal looks forward to building on our longstanding relationship with Mastercard to deliver continued value and choice to our customers with the PayPal Extras Mastercard,” said Gary Marino, senior vice president, Americas, PayPal. “Mastercard has been a tremendous partner for several years, and we are pleased to extend this agreement.”

PayPal Extra’s MasterCard is issued by Synchrony Bank.

The information contained within this article was accurate as of August 1, 2016. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.


About Natalie Rutledge

Natalie Rutledge majored in Communications at Mississippi State University. She was in sales for a number of businesses and spent nine years working as a communications advisor to various entities. Natalie can be contacted directly at
View all posts by Natalie Rutledge
Featured Low Interest Card
Top Features : 1.25X miles on every purchase; no annual fee; bonus of 20,000 miles once $1,000 is spent in first 3 months
Featured No Annual Fee Card
Top Features : Earn cash back twice. 1% when you buy plus 1% as you pay; 0% APR for 18 months on balance transfers
Featured Bad Credit Card
Top Features : No Annual Fee; Cash Back match at the end of your first year; Social Security Alerts
Featured Fair Credit Card
Top Features : No annual fee; access to higher credit line after making first 5 monthly payments on time
Featured Limited/No Credit
Top Features : No annual fee; reports to major credit bureaus; access to higher credit line after making first 5 monthly payments on time
Featured Cash Back Card
Top Features : No Annual Fee, Bonus Offer, Cash Back