Today, I received an confirmation email that I earned $50 PayPal credit of this promotion. The terms of the promotion was simple. Use PayPal Business Debit MasterCard (PPBD) for purchases of more than $5000 between around end of September and November 15th. Only signature purchases are eligible for the promotion.

I’ve spent at least $5000 during the promo period, but an amount I actually spent for *normal* purchases is $1500 or so. For the rest of it, I used for online reloads to American Express Serve and Chime Prepaid Card. I’ve reloaded Serve for $1000 each in Oct and Nov. And for 15 days from the beginning of this promo, I load Chime Prepaid card  for $100 each day. Back then, Chime didn’t charge a fee for reloading the card with PPBD. But after Oct 8th, they charge 3% fee. I haven’t been using PPBD for Chime reloads since then.

By only online reloads to Serve and Chime, I would earn $30 credit by online reloads. So, $1500 is a spending to get extra $20 credit. It is like 1.3333% cash back. It doesn’t sound great, but you can also earn 1% of PPBD’s regular cash back.

And, since I set PayPal Extras MasterCard credit card as funding source of PPBD, I also earned 1500 points (worth $12.50 for cash back=0.83%, $15 for gift card on sale=1%.)

What’s more? What I bought was $2000 American Express Gift Card. Topcashback offered 3% cash back for AmEx GCs at that time.

Considering all cash back, this was a very good offer. But I haven’t seen any other offers from PPBD. Unlike PPBD, PayPal Extras MasterCard credit card often sends me special offers, such as “Get $10 free GC for $50 or more purchase on eBay” and “Earn 3 x $10 statement credit for $50 or more purchase on eBay.” You can easily redeem these offers by purchasing GCs from the sellers “giftcardmall” or “paypal_digital_gifts.”