Sorry for the deluge of eBay posts, but a quick update: eBay has now made official the temporary change to allow their gift cards to be used to purchase third party gift cards, coins, and bullion.
Direct Link to eBay announcement
No change was made to the official eBay gift card terms since this is just a temporary change.
A few notes:
- The temporary change does not seem to be currently working to skirt the $2k/60 limit. Some were hoping that this is an error which will be fixed, but the official page mentions that there are limits (without saying the exact limits) in an apparent reference to $2k/60. It’s still possible that enough complaints will get them to raise this limit, but I’m not holding my breath.
- The terms on the official policy note that this temporary change does not help gift cards purchased after August 23, 2016. This is because at that point, eBay had already changed the terms so buyers knew what they were buying and eBay is off the legal hook for those. However, a reader confirms that this isn’t being enforced. Update2: Being enforced now. Update3: Not being enforced for most people.
- Confirmed in the official terms that this temporary change will end on October 13. The 13th itself should still be included.
Hat tip to vdpn on Slickdeals
Has anyone tried buying ebay gift cards latley to buy bullion???
Can anyone give me some thoughts on this? I know the daily deals are limited in how many you can buy per person. I purchased 5 of the $100 BB today on my eBay account. DH bought 2 today on his account, but used my PayPal by mistake. We did that once a few months ago and got a warning because it looked like I was trying to get around the limits. So does this mean I could be getting into trouble? Are the limits per person or per household? Does anyone have any experience with this?
The goose that laid the golden egg is still giving!!! Ebay gift cards bought at Krogers still working.
Got another roll of Queens Beast silver.
I can confirm… I’ve had my eye on a 10oz RCM silver bar, and I had a GC also purchased at Kroger with $3 left on it and I tried it for ‘grins’ and it worked. I quickly ran to Kroger and bought another $225 in ebay GCs, and just completed the transaction a few moments ago.
I now have a GC with $18 remaining that I’ll use to ‘test’ my next eBay purchase before running back to the store to stock up.
I was previously using my BCP to get $250 in eBay GCs each month to buy a 10oz silver bar (with a little left over for vitamins)… I hate that they are now going to be restricting this.
I’m going to be following up with a data point wish me luck!
Bought an eBay GC around 1:00 PM Central and just used it to buy a GC on eBay. Took 15 minutes and had to verify my PayPal account twice but it worked.
Bought eBay GC from both PPDG (online) and OfficeMax today.
Both immediately worked to purchase discounted third-party GCs (gas and BB GCs).
Ebay let’s you buy gift card with gift card now, but then paypal is not. Paypal blocked my account two times already, when trying to buy 3rd party gift cards. I had to upload my ID and call them both time to remove the block, and both times they told me that the system is automatically blocking me because I’m using a gift card to buy another gift card.
That was a neat trick they did, ebay is ok with it but now paypal is limiting you.
Anyone purchase eBay GC from Gamestop and used to buy GC on eBay and still works?
Thank God I used up all my gc yesterday. Bought yesterday and used up few hours later. Worked without a hitch. Bye bye eBay for now.
Now only if they don’t restrict gc buying with ebay bucks. Both accounts are at maximum now. 🙂
Any update on this being enforced yet?
Sounds like the 8/23 restriction is not being enforced, although there was one data point indicating the reverse, I think.