The Worst Credit Card I have in my Wallet

I have a lot of personal and business credit cards, just like many of my readers. One of my oldest cards is one that I doubt any of you have. the PayPal Extras Mastercard. The only reason I still have it, is because it is my second oldest card and it doesn’t have an annual fee. Don’t ask me why I applied for it in the first place, I have no answer.


It is issued by Synchrony Bank, formerly known as GE Capital Bank until last year. Here’s some details on the card.

  • 3% on gas and restaurants
  • 2% on eBay/PayPal
  • 1% on other stuff

That doesn’t look that bad, until you realize that the points are pretty worthless compared to most cards. The points are worth exactly $0.83 each, since it takes 6,000 points to redeem a $50 PayPal gift card. To make matters worse, you can only make $400 per year in cash back, since earning is capped at 50,000 points.

Their APR is pretty high as well. I have the minimum of 19.99% but it does vary up to 23.99%. My Cash Advance APR is 26.99%.

If that is not enough, their customer service is also one of the worst I have ever dealt with. There’s more though. They don’t even have a dedicated website to manage your account online. You have to log into your PayPal account to access it. No autopay either, last time I checked and I can’t add it to my my Mint account.

Let me know which is the worst card in your wallet. Why do you still have it?

2 thoughts on “The Worst Credit Card I have in my Wallet

  1. The Synchrony Bank PayPay Mastercard is still the worst card I ever experienced. Customer service is a complete joke. They shouldn’t be allowed to carry the Mastercard logo. I have made multiple requests over the past month for them to send me a check for the $2500 credit I have had on my account. Still nothing! I quit using the card and now I just closed me account. Hopefully that will get me MY money. Don’t waste your time on a card that will give you the runaround.

  2. I love this Extras MC. It has been my shield against potential PP shutdown because I can leave nothing on my balance and still go on spending up to $4K which is the max allowed to load PPMCs. I also earn 1% from the business debit plus points on the extras card. I’ve enjoyed the triple play on this card. Once I’ve reached the max of $400 CB per year, I unlink this card to my PP business debit card.

    Most undesirable card for me is Discover Open Road. It used to give 5% on gas many years ago until they lowered it to 2% with a low cap and since then, it has been in the sock drawer. This is one of my oldest card and also has a high CL that’s why I keep it.

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