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Citi Offering Targeted Statement Credit for PayPal Purchases

June 24, 2019
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2 min read
In this photo illustration the PayPal logo is seen displayed
Citi Offering Targeted Statement Credit for PayPal Purchases
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.

Update: Some offers mentioned below are no longer available. View the current offers here.

Citi is sending out targeted offers for statement credits for cardholders who shop with PayPal. The Points Guy team has received offers ranging from $20-$25 back, but Doctor of Credit is reporting offers up to $40 back.

Be sure to check your email for the following subject: "<your name>, earn up to $ back when you shop with Citi and PayPal after qualifying purchases."

The offer is valid from June 24 through Aug. 23 and allows users to earn up to 10% back on purchases made with PayPal (up to $40) or $25 back when you spend $75 on eligible PayPal purchases via a Citi credit card. Peer-to-peer transactions made through PayPal will not trigger the statement credit, but it shouldn't be too hard to take advantage of the deal as many online retailers allow you to pay through PayPal.

Related: The Ultimate Guide to Citi ThankYou Rewards

This offer comes as good news to Citi cardholders amid the recent announcement that Citi is slashing benefits on a majority of their cards come September 22, 2019. Citi cards used to offer shopping and travel protection, but those benefits will soon disappear.

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Featured image by LightRocket via Getty Images
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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Apply for Capital One Venture X Business
at Capital One's secure site
Terms & restrictions apply. See rates & fees
Best for businesses with high spending

Capital One Venture X Business

TPG Editor‘s Rating
4.5 / 5
Go to review

Rewards Rate

2X miles2 miles per dollar on every purchase
5X miles5 miles per dollar on flights and vacation rentals booked through Capital One Business Travel
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  • Intro Offer

    LIMITED-TIME OFFER: Earn up to 400K bonus miles

  • Annual Fee

    $395

  • Recommended Credit

    740-850
    Excellent

Why We Chose It

The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)

Pros

  • The Capital One Venture X business card has a very lucrative welcome offer.
  • In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
  • Business owners are also able to add employee cards for free.

Cons

  • The card requires significant spending to earn the welcome offer.
  • Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
  • LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
  • Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
  • Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
  • With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
  • Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
  • Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
  • Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
  • Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
  • Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
  • This is a pay-in-full card, so your balance is due in full every month