Paypal Business Debit Will Soon be 1% For Everyone

The Paypal Business Debit card (PPBDC) is a unique debit card which pulls money from your Paypal account and offers 1% cashback on all signature purchases.

The PPDBC used to offer 1.5% cashback and, until now, those who have the card for a while have been grandfathered under the old terms. Paypal just sent out an email to the grandfathered cardholders that as of 9/1/15, they will be reduced to the standard 1% rate.

We want to let you know about a decision we’ve made to adjust our PayPal Business Debit MasterCard® rewards program. Starting September 1, 2015, your cash back rebate of 1.5 percent on eligible purchases will change to 1 percent

We value the business of all our customers, and especially appreciate you for being a loyal program customer for many years. While we discontinued the 1.5 percent rebate several years ago for newer customers, cardholders like you remained eligible for it as a courtesy in recognition of your loyalty

This was a difficult decision, but we needed to take steps now to ensure we could continue offering a benefit that so many of our customers use and enjoy every day. As a longtime customer, you know that the cash back rebate is just one of the many benefits that set the PayPal Business Debit MasterCard® apart from other card options.

HT: eBay community and Reddit

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