IHG One Rewards Premier Business vs PayPal Cashback Mastercard
Side-by-side comparison
| IHG One Rewards Premier Business | PayPal Cashback Mastercard | |
|---|---|---|
| Annual fee | $99 | No annual fee |
| Welcome offer | 140,000 points | No current offer |
| Advertising | 5% | 1.5% |
| Shipping | 3% | 1.5% |
| Office supplies | 3% | 1.5% |
| Phone & internet | 3% | 1.5% |
| Travel | 5% | 1.5% |
| Everything else | 3% | 1.5% |
| Est. yearly rewards* | $1,722 | $675 |
| Points type | Locked to IHG One Rewards | Cash back only |
| Network | Mastercard | Mastercard |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified June 2026. See your own numbers in the calculator.
The verdict
On a typical year of business spending, the IHG One Rewards Premier Business earns about $1,722 a year in rewards and the PayPal Cashback Mastercard about $675, valuing every point at a flat 1 cent. The IHG One Rewards Premier Business charges $99, which you clear through its rewards and perks. The PayPal Cashback Mastercard has no annual fee, so its rewards are all profit. Counting rewards, fees, and any credits, the IHG One Rewards Premier Business delivers more total value, about $948 a year more for a typical spender, mostly because it earns more where you spend most, on advertising and everything else. Neither leans on transferable points, so the deciding factors are the welcome offer, the card network, and which everyday perks you will actually use. On the sign-up bonus, the IHG One Rewards Premier Business currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the IHG One Rewards Premier Business if your spending leans toward advertising, shipping, office supplies.