It’s about that time Paypal! Seems like Paypal was making some big moves in silence as they make renditions to their old policy which requires, or rather, forces you to use your Paypal balance on Ebay shipping labels, affiliated Ebay merchants or even Ebay in general.
The changes are along the lines of now being able to use a credit card or bank account to pay for everything from Ebay, merchant websites, Ebay shipping labels to all Paypal purchases as well. Crumb-trail hints date back to July with VISA/Paypal’s partnership to Mastercard/Paypal’s partnership. Seems like Visa’s CEO Charlie Scharf’s threats made it through Paypal.
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| Chase Business Complete Checking® | $300 or $500 Cash | Review |
| Chase Private Client | $3,000 Cash | Review |
| Chase Total Checking® | $300 Cash | Review |
| Chase College CheckingSM | $100 Cash | Review |
| J.P. Morgan Self-Directed Investing | Up To $700 Cash | Review |
| Chase Secure BankingSM | $100 Cash | Review |
PayPal Extras MasterCard Summary:
- Paypal now lets you link credit cards/debit cards to pay for everything Paypal/Ebay related.
- Previously, you were forced to use your Paypal balance to pay.
- Also don’t have to manually switch from bank account to a credit card anymore when making the set purchases.
Best Small Business Credit Cards for Paypal/Ebay:
This section is for any recommended credit card that offers you optimal earning rates on either Paypal or Ebay. Most of the cards mentioned doesn’t offer specific earning rates on Paypal/Ebay, moreover, a general earning that can be applicable towards Paypal/Ebay.
American Express SimplyCash Plus Business Credit Card – 5% Cash Back:
The SimplyCash® Plus Business Credit Card from American essentially earns 5% cash back at U.S. office supply stores and on wireless telephone services purchases directly from U.S. service providers. US office supply stores can be categorized as boxes, packing supplies or paper for shipping labels. On top of that, you’ll earn 3% cash back per $1 spent on shipping if you select that as your 3% bonus category. Available merchants include: USPS, UPS, and FedEx.
Not only will you receive special discounts directly from AMEX OPEN’s Small Business Program, but you’ll be able to sign-up for Amex Offers and reap tons of money saving deals, especially on Staples, Office Depot and so much more. Also be sure to look forward to Small Business Saturday (November) for statement credit offers.
Editor’s Note: You can earn yourself $500 in Statement Credit with this card if you spend $5,000 within 6 months of account opening plus spend an additional $10,000 within the first year of card membership.
SimplyCash Plus Business Credit Card Summary:
- Learn More
- Maximum Bonus: $500 Statement Credit
- Spending Requirement: You must spend $5,000 within 6 months of account opening plus spend an additional $10,000 within the first year of card membership
- Annual Fee: None
- Bonus Worth: $500
- Expiration Date: January 25, 2017
- Additional Advice: For the 3% cash back, choose the category that you would spend the most on and benefit
American Express SimplyCash Plus Business Credit Card – 3X Cash Back:
With the Business Gold Rewards Card® from American Express OPEN, you’ll earn 3X AMEX Membership Rewards points on 1 of these 5 bonus categories of your choice: Airfare purchased directly from airlines, advertising in select medias, US gas stations, Shipping, Hardware, software and cloud computing purchases made directly from select providers. You’ll earn 2X AMEX Membership Rewards points per $1 spent in the other 4 categories. Essentially, this could earn you big points on both your gas and shipping spending needs, however, because of the $175 annual fee, this card may only be worth it if you spend a lot on the purchases corresponding with the 3x&2x categories.
Editor’s Note: You could earn a generous 50,000 Membership Rewards Bonus Points just for making a spend of $5,000 in 3 months of account activation.
Business Gold Rewards Card from American Express OPEN Summary:
- Apply Now
- Maximum Bonus: 50,000 Membership Rewards Bonus Points
- Spending Requirement: You must spend $5,000 in purchases on the Card within the first 3 months of Card Membership.
- Annual Fee: $0 introductory annual fee for the first year, then $175
- Bonus Worth: We estimate the 50,000 Membership Rewards points are worth $500 in gift cards.
- Expiration Date: No expiration
- Additional Advice: If you’re an existing cardholder, you’ll need to contact AMEX’s customer service center to see if you’ll automatically transition to the card’s new earning structure. Otherwise, you may have to reapply if you’re interested in choosing your bonus rewards categories.
Ink Cash Business Credit Card – 5X Cash Back:
With the Chase Ink Cash Business Credit Card, you will be able to take advantage of 5X Chase’s Ultimate Rewards Points on the first $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year. Secondly, earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. YOU WILL NOT earn bonus points on shipping costs.
If you find yourself reaching the 25,000 limit too often, you can maximize your earning of Chase Ultimate Rewards points by making qualifying 5x and 2x purchases on your Ink cards, while putting other spending on your Chase Sapphire Preferred Card/Chase Sapphire Reserve in its bonus earning categories, and other cards that will help your earn rewards.
Editor’s Note: You will be able to earn $300 in Bonus Incentive when you make a spend of $3,000 within a given 3 months after account opening.
Ink Cash Business Credit Card Summary:
- Apply Now
- Maximum Bonus: $300 bonus
- Spending Requirement: You must spend $3,000 on purchases in the first 3 months from account opening.
- Annual Fee: $0
- Bonus Worth: This bonus is worth $300; 30,000 Ultimate Rewards bonus
- Expiration Date: No expiration
- Additional Advice: If you find yourself reaching the 25,000 limit too often, you can maximize your earning of Chase Ultimate Rewards points by making qualifying 5x and 2x purchases on your Ink cards, while putting other spending on your Chase Sapphire Preferred Card/Chase Sapphire Reserve in its bonus earning categories, and other cards that will help your earn rewards.
Conclusion:
You will now be able to use a credit card of your selection towards Paypal/Ebay related purchases. It’s necessary to keep in mind, however, that some banks aren’t currently valid for this. Definitely new moves from Paypal considering that the old policy forces your to use a Paypal balance to make shipping label purchases, etc. Seems like these changes have been here for well-over a month already. We have listed above recommended business credit cards that can earn you attractive rewards on office supply or shipping related purchases. Find out which card is right for you by checking out our complete list of Credit Card Promotions today!
