Turning Everyday Purchases into Something Extraordinary
Last year, we introduced the
PayPal Cashback Mastercard in partnership with
Synchrony Bank, offering customers the best 2% cash back* credit card available with no annual fee** and a straightforward best-in-class approach to earning and redeeming cash rewards. Unlike other rewards cards, PayPal’s Cashback Mastercard has no annual cash back limit, no minimum redemption, no restriction on how to spend the rewards and no expiration*.
Since then, we asked consumers about their everyday purchases and how they would spend an additional $500 to represent the cash back they can earn with the PayPal Cashback Mastercard. Over half (55%) of Americans reported spending the most on restaurants and food, with clothing and accessories as the next most popular category, at 23%. When asked where they would spend an extra $500, nearly half (46%) of Americans said they would use it for clothing, shoes, or accessories, followed by tech and electronics (33%), travel (24%), and food and dining (24%)1.
Bringing to life how cash back rewards can turn into something truly extraordinary, we partnered with digital artists
Stephen McMennamy and
Vanessa Mckeown to curate custom art illustrating what 2% cash back on every purchase can really become.
These illustrations (and so much more!) will be on display at PayPal’s Cash ‘n Back pop-up in New York City on Saturday, June 9th. While the pop-up looks like an ordinary New York bodega from the outside, it will offer extraordinary twists on the inside, where artists
Colors Collective,
FLWR Studio and
Nix + Gerber Studio have turned candy into chandeliers, your lunch into your dream travel destination, and bouquets of flowers into dresses.
The PayPal Cash ‘n Back bodega will be open to the public in Nolita at 201 Mulberry Street, New York, NY 10012 on Saturday, June 9 from 10am-8pm2. Want to come check it out? You can RSVP for free
here!
1 Survey Methodology: The PayPal Survey was conducted by Wakefield Research (www.wakefieldresearch.com) among 1,000 nationally representative U.S. adults, ages 18+, between November 9 and November 13, 2017, using an email invitation and an online survey. Quotas have been set to ensure reliable and accurate representation of U.S. adults ages 18+
2 Event and event details are subject to change based on availability. PayPal, Synchrony Bank and Mastercard are not responsible for transportation to or from the event or other incidental costs related to the event. Availability is limited. Reservations are on a first-come, first-served basis while supplies last. Offer limited to two (2) reservations per person. Reservations are non-transferable. Void where prohibited. PayPal and Synchrony Bank reserve the right to cancel the event due to circumstances that would make the event non-viable. If the event is canceled or rescheduled, guests will be notified. If the event is rescheduled, a new reservation will be required. Registration to the event requires accepting the Terms & Conditions of Eventbrite.
The PayPal Cashback Mastercard is issued by Synchrony Bank pursuant to a license by Mastercard International Incorporated. Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.
*See Rewards Program Terms for details. To earn Cash Rewards, you must have an open PayPal Account in good standing to which your Card Account is linked. If your PayPal Account is closed for any reason, or if your Card Account is no longer linked to your PayPal Account, your Card Account will be closed and any Cash Rewards earned, but not redeemed, will be forfeited.
**For New Accounts: Variable Purchase APR is 21.49%, 25.49% or 28.49%. The APRS are accurate as of 4/1/2018 and will vary with the market based on the Prime Rate (as defined in your credit card agreement). Minimum interest charge is $1.50 for all types of cards in any billing cycle in which you owe interest.
PayPal Stories Staff