Miles & More® World Elite Mastercard® vs PayPal Cashback Mastercard
Side-by-side comparison
| Miles & More® World Elite Mastercard® | PayPal Cashback Mastercard | |
|---|---|---|
| Annual fee | $89 | No annual fee |
| Welcome offer | 70,000 miles | No current offer |
| Dining | 1x | 1.5x |
| Groceries | 1x | 1.5x |
| Gas | 1x | 1.5x |
| Travel | 2x | 1.5x |
| Streaming | 1x | 1.5x |
| Everything else | 1x | 1.5x |
| Est. yearly rewards* | $310 | $437 |
| Points type | Locked to Miles & More | 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 household spending, the Miles & More® World Elite Mastercard® earns about $310 a year in rewards and the PayPal Cashback Mastercard about $437, valuing every point at a flat 1 cent. The Miles & More® World Elite Mastercard® charges $89, 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 PayPal Cashback Mastercard delivers more total value, about $217 a year more for a typical spender, mostly because it earns more where you spend most, on everything else and groceries. 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 Miles & More® World Elite Mastercard® currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Miles & More® World Elite Mastercard® if your spending leans toward travel. Pick the PayPal Cashback Mastercard if your spending leans toward dining, groceries, gas.