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PayPal Cuts Grandfathered Rewards Program to 1% Cashback

Longstanding users of the PayPal Business Debit MasterCard won’t be seeing as much cash back on their cards in the future. Starting July 1st, all PayPal business debit cardholders who were grandfathered in with 1.5% cashback will be dropped to the standard 1% rate that has been in effect for several years. “A small number