I've already earned $9.48 in cash back using my new Pay Pal Debit card, and I think I have another $6.50 in pending. I was hoping I could also pay the health insurance monthly bill using it, but apparently I can only use my bank account. I am going to call and double check though. That would earn me $6.71 each month. I'm getting use to using it, but there are a couple of drawbacks. It takes a day or two to deduct from my checking, so I have to be careful I have enough to cover. This shouldn't really be a problem, unless I'm getting close to payday and low on funds, but I also have overdraft protection on my checking and as long as I deposit money by the end the day there is no fee. I check my balance daily, so this should be an issue. Not to mention, I budget pretty carefully, so I know beforehand if I'm getting low.
The other part I don't like is every transaction shows up on my checking as "paypal", so I can't go back an look up a specific transaction by merchant name. I can only get the detail on paypal, though I don't really see on there where you can search merchant names. Plus, I use Mint.com to see my spending category totals, and of course this won't work now that every thing is under one transaction/merchant name. I will miss having this, but for $20+ a month extra, just for doing nothing extra other than using the card, it will be worth giving up, I guess. I could manually categorize the expenses......ok, that's most likely NOT going to happen :)