Do I Need a Bank Account to Get a PayPal MasterCard?

You Must Have a Pay Pal Account
To be eligible for the Pay Pal MasterCard, you must have a Pay Pal account. Sign into your account to begin the application process for your MasterCard or, if you don't have a Pay Pal account, create one. Signing up is free and easy; simply go to the Pay Pal official website and select 'Sign Up.'
You Must Meet Certain Annual Income Requirements
A bank account isn't required to apply for a card, but Pay Pal is no different than other credit companies when it comes to screening applicants for an unsecured line of credit. You will be required to put in how much money you make every year. While this doesn't necessarily mean you need to have a job, it is expected that you have some kind of steady income. Retirement checks, disability, and other money you receive on a regular basis can all be counted when you calculate your annual income. You do not have to rely on alimony, child support, or other maintenance income if you don't want to.
Types of Pay Pal MasterCard Accounts
Once you click on 'I Agree' and submit your credit card application, Pay Pal will check that you meet minimum income requirements and will make an inquiry on your credit report. Once this is done (the process should take less than a minute), Pay Pal will notify you whether you qualify for Account Type 1 or Account Type 2. These account types differ because of the interest rate offered. Account Type 1 has a 19.99 percent interest rate, while Account Type 2 has a 23.99 percent interest rate.
Pay Pal Smart Connect
If you do not qualify for a MasterCard, Pay Pal has a third option. You will be offered a Pay Pal Smart Connect card, which has a 26.99 percent interest rate and is offered only to Pay Pal customers. This card is accepted where ever regular Pay Pal payments are accepted, and the benefit of using the card is you can make low monthly payments on your purchases. You do not need a bank account to qualify for the Pay Pal Smart Connect card, but you do need a Pay Pal account.