PayPal Prepaid Mastercard: How to Use PayPal Mastercard

If you frequently use PayPal to send money or receive payments, their prepaid Mastercard offers a convenient way to directly access those funds in real life and online. It works just like any other Mastercard with some cool PayPal-specific perks.

PayPal Prepaid Mastercard

The PayPal Prepaid Mastercard allows you to instantly access your PayPal balance and make purchases anywhere Mastercard is accepted. With features like free bank transfers and customer protections, it can be a useful alternative to traditional checking accounts and debit cards.

With instant transfers from your PayPal account and free bank withdrawals, you can load and unload money seamlessly. Since there’s no credit check or permanent bank link needed, it’s also great for those who struggle to open traditional accounts.

Let’s check out the details.

How Do I Get A Paypal Mastercard

Getting your own PayPal prepaid card is quick and straightforward. Here are the basic steps:


To qualify, you must:

  • Be a PayPal account holder
  • Maintain a PayPal balance or linked bank account
  • Pass identity verification

Application Process

  1. Log into your PayPal account
  2. Click “Tools” and select the Prepaid Mastercard option
  3. Click “Apply Now” and agree to the Terms and Conditions
  4. Verify your identity by providing details like your SSN and home address

Once approved, your card will arrive within 5-7 business days. Activate it using the included instructions.

Tips to Activate Your Card

When your PayPal prepaid card arrives in the mail, you’ll need to activate it before first use.

To activate your card:

  1. Call the number on the activation sticker or visit the URL
  2. Provide personal details like SSN, DOB, address etc. when prompted
  3. Set your 4-digit PIN which you’ll use for ATM and purchases

Once activated, your card is ready for instant use online or at stores!

Logging In to Your PayPal Prepaid Account

Now let’s take a look at managing your prepaid card through your online account:

  • Go to the cardholder website on the back of your card
  • Click on “Log In”
  • Enter your 16-digit card number and the PIN your created during activation

Inside the portal, you can check balances, review transaction history, change PINs, set up notifications and more!

  • Transferring Funds Instantly: The PayPal prepaid card allows quick access to your PayPal funds. Here are the ways to instantly add money:
  • From PayPal Balance: Transfer some or all of your PayPal account balance to your card in seconds! Just select “Transfer to Card” inside your account.
  • Bank Account Withdrawals: Through the cardholder portal, you can link external bank accounts. Bank transfers let you move funds onto your card shortly after initiating them.

By linking accounts, you also enable direct deposit capabilities.

PayPal Prepaid Card Benefits

Beyond seamless PayPal integration and transfers, the PayPal prepaid Mastercard offers some cool perks:

  • FDIC Insurance

Your card balance receives FDIC protection up to the standard $250,000 limit in case the issuing banks ever fail.

  • Zero Liability Protection

If your card gets lost or stolen, PayPal offers $0 liability for any unauthorized charges. Quickly report fraud to resolve improper charges without issue.

  • International Acceptance

Since it’s a Mastercard, your PayPal prepaid card works at retailers, ATMs, restaurants and hotels worldwide! The exchange rate is also far better than regular PayPal rates.

  • Special Discounts

You can take advantage of unique cardholder discounts for shopping, entertainment, travel bookings and more. Exclusive access to premum Mastercard perks provides additional savings opportunities.

How Do I Use A Prepaid Paypal Mastercard?

Using your PayPal prepaid Mastercard functions similarly to any other card. Let’s go over some of the main usage methods:

  1. In-Store Purchases
  • Use the physical card to make purchases at any brick-and-mortar retailer accepting credit cards
  • Choose “Credit” and sign the receipt or enter your 4-digit PIN
  1. Online Shopping
  • For ecommerce stores accepting Mastercard, select PayPal prepaid as the payment method
  • Enter the card number, expiration date and security code
  1. ATM Withdrawals
  • Withdraw cash from your card balance at ATMs displaying the Mastercard logo
  • Withdrawals incur a small fee after the first one each month
  1. International Transactions
  • The card converts currencies at the daily Mastercard exchange rate with no foreign transaction fee
  • You can make purchases or withdrawals in foreign countries with ease

Now let’s look at some frequently asked questions about PayPal prepaid cards:

Frequently Asked Questions

Does a prepaid Mastercard work with PayPal?

Yes, when you apply for the official PayPal prepaid Mastercard, it enables instant transfers between your PayPal balance and the card itself. It was created specifically to provide easy access to PayPal funds.

How do I use a PayPal prepaid card?

Usage works similarly to any Mastercard. You can make in-store purchases by swiping the card or entering the chip. Online, provide the card number, expiration date, and security code to complete transactions from ecommerce sites.

What bank does the PayPal prepaid card use?

The card is issued by MetaBank but funds remain separate from user bank accounts. PayPal handles the prepaid account linked to the card.

How Do I Get a PayPal Mastercard?

Applying only takes a few minutes through your PayPal account. As long as you complete ID verification and meet eligibility rules, approval is usually quick and seamless.


The PayPal prepaid Mastercard makes accessing your PayPal money easier than ever. With instant transfers, mobile check deposits and neat perks like purchase protection and zero fraud liability, it’s an attractive option whether you use PayPal often or not.

Consider applying to simplify your spending while keeping funds secure.

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