![]() There are also limits on the number and amount of purchases and withdrawals you can make in a day. There are several fees associated with the PayPal Prepaid Debit Mastercard, including a monthly maintenance fee and a declined transfer fee. The card also offers a Refer-a-Friend program that allows customers to earn commissions and cash-back on purchases. This debit card comes with an offer to earn up to 5% APY on your money if you open an online savings account with Bancorp. It can be used to make purchases at physical locations with your PayPal balance or withdraw money from an ATM. The PayPal Debit Mastercard is available to PayPal account holders and offers an alternative to opening a traditional bank account. What We Love About PayPal Prepaid Debit Mastercard
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