PayPal And Mastercard Gut The Benefits Of The PayPal Business Debit Mastercard

by Flying High On Points
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Another day, another devaluation.

PayPal And Mastercard Gut The Benefits Of The PayPal Business Debit Mastercard

The “Good” News:

First, the “good” news (if you can call it that).

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Effective October 1, 2019, PayPal will add some new (standard) “benefits” from Mastercard. These are really just discounts and software applications.

The “Bad” News:

Now, the “bad news”.  And yes, it’s bad.

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PayPal says Mastercard is discontinuing Purchase Assurance, Extended Warranty, Travel and Emergency Assistance Service, and Travel Accident Insurance.

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The Bottom-Line: PayPal And Mastercard Gut The Benefits Of The PayPal Business Debit Mastercard

Well, with all the recent devaluations (like Citi and Amex), this isn’t really a huge surprise – especially because this is a rare Business Debit Card.

That said, this devaluation of “historically standard” benefits really hurts, and the added new “benefits” hardly makeup for the loss.

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