PayPal has launched a new debit card where cardholders can choose one category to earn 5% cash back on, up to a limit of $1,000 per month in spend. Currently it seems that the card is invite only mode and you can check your PayPal account to see if you’re eligible. Some things to note:
- There is no annual fee
- You have to select your category each month, otherwise you won’t earn 5%
- Categories you can choose are here:
- Grocery
- Dining
- Gas
- Clothing
- Health/beauty
- Full terms here
Has anyone tried this at a Walmart to see if the Paypal debit is coded as grocery or not. I know with the Venmo credit card, if I use it and pay at the WM SCO, it gets coded as grocery. That is why I try to use the WM SCO whenever I make purchases there so that it can be coded as grocery.
However strangely with the Venmo credit card, if I check out at a regular cashier lane at WM, it gets coded as “Other” which is strange and doesn’t qualify for a category.
Ever since I activated my PP Debit card, I’ve been required to have a text sent to me (or some other options) in order to login. I don’t recall this happening before. I’m just curious if this is a coincidence. Have any of you noticed the same thing?
Yes on my computer I have to do the same thing as like a 2FA. Its is pretty annoying. But of course on my phone with biometrics, I don’t have to do the text thing.
Opted into the card on 9/4, selected “Restaurants” as category and used it yesterday (9/6) 5% cash back posted on my account this morning. Physical card that I opted into day of sign-up arrived this morning as well (9/7).
I requested a physical Paypal debit card back on 8/29 and they said it would expect to arrive on 9/3 but I checked my mail and it still has not been received yet. Has anyone requested a physical Paypal debit card and the timeline it took to receive it in the mail?
P1
Requested 8/27
Received 9/3
P2
Requested 8/30
Received 9/6
Anyone tried money order at grocery store? Did it trigger 5% back?
Yes and yes. 😀
o0o0 so it does trigger the 5% back. Hmm. I will test it out.
I’ve used my card at a regular bar that I visit that also serves food. I also used it at a Ramen place, to date the ramen place posted with rewards but the bar/restaurant although posted doesn’t show any rewards info posted. Anyone else in the same boat?
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I transferred money from my BP account to my PP account to use for this and it surprisingly qualified for early-DD. That could be useful if PP has a DD bonus in the future.
They have one now. Look in your Rewards tab…This isn’t directly related to the dc, though.
Are you referring to the $5K DD one? If so, I did have that offer 2 or 3 months ago but decided not to do it at that time. I checked again 2 or 3 weeks ago and saw that it had disappeared and it has never returned.
BTW, I did just login and check again and confirmed that I do not currently have that offer.
Possible DP- Selected restaurant category, used it at 4 different restaurants but only one had a cashback.
Paypal doesn’t show what category each transaction is coded under, even after settlement.
Pretty disappointing and makes it a risk to use at all.
I had a pending fast food charge I didn’t get paid on. Maybe because it wasn’t settled by 8/31.
I selected the restaurant category last month and also this month, so I’m surprised that my McD purchase didn’t qualify for the 5% or the 10% back since that was an additional offer within the PP app. I agree with a previous mention that not being able to verify the category in the app does make this a gamble.
Interesting and helpful. My McD purchase didn’t count for the 5 percent either, which leads me to believe that fast food is not included in their restaurant definition. It is a separate MCC code. I did get the 10 percent however for choosing PP as the payment method in the McD app. I think this is the only way to trigger the PP online offers.
Any way to set this up so that the funds get automatically pulled from the paypal savings account?
Does “supermarket” merchant category (how it shows up on my Discover statement) considered “grocery”? Specifically Kroger and Trader Joe’s and Aldi?
Presumably.