PayPal is introducing an exciting rewards programme along with more personalised options for managing spending, aiming to provide consumers with smart choices for every purchase.
The revamped rewards system allows users to select a monthly spending category, such as groceries or clothing, and earn 5% cash back on up to $1,000 in purchases using their PayPal Debit MasterCard. Additionally, customers can enhance their rewards by saving offers from hundreds of top brands directly within the PayPal app.
For instance, if a user chooses Restaurants as their monthly category, they can earn 5% cash back and an additional 10% cash back by saving a DoorDash deal in the app, which will automatically apply during the checkout process.
Another new feature is the auto reload option, enabling users to set a PayPal balance threshold that automatically replenishes when it falls below their selected amount.
Alex Chriss, president and CEO of PayPal, stated, “It’s a pivotal moment for PayPal and our customers and a significant first step as we bring the power of PayPal to everywhere they shop.”
Furthermore, customers can now conveniently add their PayPal Debit Card to Apple Wallet and use it with Apple Pay in just a few simple steps.