Which Credit Card Reward Programs Allow Paypal Point Use?

Feb 03, 2024 By Triston Martin

If you have a credit card that participates in PayPal's "Pay with Points" program, you may use it to get your rewards whenever you make an online purchase. If you use PayPal often, attaching your card to the service may simplify the process of redeeming rewards, which is particularly helpful if you have a small balance of unused points that you can't use anywhere else. In certain situations, the value of your issues will be more significant when redeemed through PayPal than when redeemed for cash. However, for most credit card rewards programs with this function, doing so will not be the best way to maximize the value of your point.

A significant number of individuals make frequent purchases using their credit cards due to the rewards cards that provide advantages such as points, miles, and cash back for doing so. These points may be exchanged for a variety of benefits, including vacations, merchandise, and account credits. PayPal is indeed an online payment network that allows users to send and receive money, make purchases online, but also redeem rewards from credit and debit cards. Users may also use PayPal to transfer rewards from credit cards. This article will demonstrate how to store your credit card points for a PayPal account and will also list the credit card reward programs that offer this service.

Several Credit Card Rewards Programs

PayPal provide as a redemption option, and we'll list a number of them below:

  • Several Chase credit cards, notably the Chase Sapphire Preferred and the Chase Freedom Unlimited, participate in Chase's Ultimate Rewards program. Connect your credit card with your PayPal account, then choose "Pay with Rewards" to redeem your Ultimate Rewards points.
  • The American Express Platinum and American Express Gold participate in the American Express Membership Rewards program, a rewards system sponsored by American Express. To use your Membership Rewards points with PayPal, you must first connect your credit card and PayPal accounts and then choose the "Pay with Rewards" option at checkout.
  • Citi Premier and Citi Double Cash are two Citi credit cards participating in Citi ThankYou Rewards, Citi's rewards program. Connect your credit card and PayPal accounts and choose the "Pay with Rewards" option at checkout to redeem your ThankYou Rewards points for cash.
  • You may earn rewards with the Discover Cashback Bonus when you use certain Discover credit cards, such as the Discover it Cash Back or the Discover it Miles. By connecting your credit card and PayPal accounts and selecting the "Pay with Earnings" option at checkout, you may redeem your Cashback Bonus rewards via PayPal.

How To Use Paypal Credit Card Rewards

Here's all you need to do to convert your credit card points into PayPal cash:

  • You must connect your credit card to your PayPal account to get your rewards through PayPal. In most cases, you may do this on the website or mobile app of your credit card company or the website or mobile app of PayPal.
  • Select "Pay with Rewards" as your payment method. You may use your PayPal balance or your rewards when checking out. Just click this link and follow the on-screen instructions to claim your benefits.
  • Pay for it using your points: After applying your rewards to the purchase, any excess amount (if any) will be charged to the payment method you have on file.

Conclusion:

Making online purchases and sending money with PayPal using your credit card rewards is easy. Chase Ultimate Rewards, American Express Membership Rewards, Citi ThankYou Rewards, and Discover Cashback Bonus are just a few credit card reward programs that allow you to redeem points using PayPal. You may use your PayPal balance after accruing rewards by selecting the "Pay with Rewards" option at checkout after linking your credit card to your PayPal account. This may simplify the process of redeeming your points for online purchases or sending money to loved ones—the previous employer of Funto Omojola: the credit card industry. PayPal as a redemption option is prevalent among credit card reward programs. Making purchases or sending money to loved ones straight from your PayPal account is a breeze when you have rewards.

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