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PayPal debit card 2026

PayPal Rewards Change 2026: Your Cash Back Is Now Store Credit

March 23, 2026 by Simple Finance Bytes
PayPal rewards change August 2026 turns cash back into store credit. Here is what to do before the deadline and what to use instead.

PayPal rewards change is coming August 1, 2026, and most cardholders have no idea it happened. The 5% cash back you earn on the PayPal Debit Card will still exist on paper. However, starting August 1, you will no longer be able to move that money to your bank account. Instead, your rewards get locked … Read more

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