Business credit card

There are two ways to apply for the business credit card. Apply now or log in to your Business account, go to Financing, and fill out an application. You’ll be asked to confirm or provide some information about you as the business owner and about your business, and then agree to the terms and conditions. Once you complete your application, you’ll have a decision usually in less than a minute.

As part of the underwriting process, a soft inquiry is made to the applying business owner's (guarantor's) personal TransUnion credit report and to the business's Small Business Financial Exchange (SBFE) credit report. A hard inquiry will appear on your credit report when an application is approved. If you are enrolled in credit monitoring services, you may receive an alert when these inquiries are made. By submitting your application, you authorize access to your credit bureau information. The inquiries for your business card application will reference "WEBBANK/PAYPAL BC/CCC."

No information is reported to the business owner’s (guarantor’s) personal credit bureau for the PayPal Business Cashback Mastercard. Account information will be reported to the Small Business Financial Exchange (SBFE) each month.

In most cases, your virtual card will instantly be linked to your PayPal Business account upon approval. You can make purchases right away with your virtual card—up to your full credit line—even before you receive your physical card in the mail.

In most cases, a virtual card is linked to the business owner’s (guarantor’s) PayPal Business account when the credit card application is approved. When you check out with PayPal, select your new PayPal Business Cashback Mastercard virtual card as your method of payment from the list of payment methods linked to your PayPal Business account. If your physical card is ever lost, stolen, or otherwise compromised, you can continue to make purchases with your virtual card linked to your PayPal Business account when you check out with PayPal while you wait for your new physical card to arrive in the mail.

To help manage spending, business owners can set a monthly spending limit for each employee or Authorized User for an amount up to the business’s total credit limit. Monthly spending limits refresh on the first day of each calendar month. All cardholders and the virtual card share the business's total credit limit. The amount available for all cardholders to spend at any given time is subject to (i) the activity of the business owner and all employees or Authorized Users and (ii) the business's total credit limit.

The 3% cash back benefit is only available on PayPal purchases, which can still be made in store via QR code. Where available, and if eligible, check out with PayPal QR codes using the PayPal app. Be sure to select your card as your payment option to earn 3% cash back.

No. PayPal Business Cashback Mastercard is currently unavailable to businesses located in North Dakota and South Dakota. Please continue to check back to see if PayPal Business Cashback Mastercard becomes available in your state.