Capital One Joins PayPal Pay with Rewards Program

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Last updated on November 2nd, 2020

Capital One is the latest credit card issuer to join forces with PayPal’s “Pay with Rewards” program. The issuer joins other big names such as Chase, Discover, and American Express in offering greater flexibility for their cardholders.

Use Capital One Rewards with PayPal

Using PayPal to shop online adds an additional layer of protection – and offers greater flexibility. Now, Capital One cardholders can use their Capital One Rewards to shop online anywhere that accepts PayPal.

Adding an eligible Capital One credit card allows cardholders the ability to stretch their budgets on purchases, since they can opt to pay entirely with their Rewards – or partially with a mix of points and cash.

Eligible Capital One personal credit cards (those that earn Rewards points) include:

How to Add an Eligible Card to PayPal

Setting up Pay with Rewards with an eligible Capital One rewards card is simple:

  • Download the latest version of the Capital One mobile app (available in both the Apple App Store of Google Play Store)
  • Text “PAYPAL” to 80101
  • Set the eligible card as the preferred payment method
  • Check out using PayPal when shopping online

What Is Pay with Rewards?

Pay with Rewards is PayPal’s flexible rewards platform that allows select credit cardholders to use their rewards points to make purchases anywhere in the world that PayPal is accepted. The program allows cardholders the ability to pay for purchases entirely with their points or partially with their rewards.

The Pay with Rewards program also provides benefits for customers beyond the standard protections of their card issuer. These benefits include:

  • Free return shipping on online purchases
  • Purchase protection if items arrive damaged, incomplete, or other than advertised
  • One Touch™ checkout

Related Article: The Best Online Shopping Credit Cards of 2020

Featured photo by GDJ / Pixabay

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About: Cory Santos
Cory Santos

Cory is the senior credit card editor at BestCards, specializing in everything credit card-related. He’s worked extensively with credit cards and other personal finance topics, including nearly five years at BestCards. Cory’s extensive knowledge is an essential part of the BestCards experience, helping readers to live their best financial lives with up-to-date insights and comprehensive coverage of all facets of the credit card space, including market trends, rewards guides, credit advice, and comprehensive credit card reviews.

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