New Paypal debit card users will receive 1% cashback, down from 1.5%. Current debit card members will be grandfathered at the 1.5% rate.

Eligibility for the PayPal Preferred Rewards Program will become easier, however:

Under the previous guidelines, only qualified eBay sellers designating a preference for PayPal in their eBay listings were eligible for the program, but beginning today eligibility will be expanded to include all merchants who promote PayPal as their preferred online payment method, whether operating on eBay or off.