Posted by Chuck on August 22, 2016
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Published on August 22nd, 2016 | by Chuck

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eBay Gift Cards No Longer Work to Buy Third-Party Gift Cards

eBay updated their terms to stop allowing the purchase of third-party gift cards with eBay gift cards. The new terms are already being enforced.

The eBay gift card terms were updated today, August 22, 2016. Here are the new terms (bolding mine):

9. The Gift Card may not be used to pay eBay or PayPal service fees. The Gift Card also may not be used to buy eBay Gift Cards, third party gift cards, gift certificates, coupons, coins, paper money, virtual currency, or items generally considered to be “bullion” (for example, gold, silver, and other precious metals in the form of coins, bars, or ingots).

Previously, the terms stated as follows:

9. The Gift Card may not be used to pay eBay or PayPal service fees. The Gift Card also may not be used to buy other eBay Gift Cards or items generally considered to be “bullion” (for example, gold, silver, and other precious metals in the form of coins, bars, or ingots).

Not long ago, on July 15, they enacted a huge limitation to the quantity of eBay gift cards which can be used – just $2,000 per 60 days – and also excluded coins and bullion from being purchased with eBay gift cards. Now, they’ve added the entire coupon category to the exclusion, including third-party gift cards.

eBay gift card deals are getting less and less profitable. Using up an eBay gift cards was always added to the profitability of these deals.

Hat tip to reader MJ and to cataphoresis on Flyertalk



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SteveX
SteveX

Worst part is they are applying this retroactively to cards purchased before this change. So, even though you bought them when it was allowed you can’t use them on GCs. Fortunately I’d been using them up and down to only a couple hundred left.

But sadly this also significantly de-values ebay bucks going forward.

Ebay will be MUCH less valuable at this point.

Feo
Feo

Do we know that Ebay Bucks will be included in this change? Fingers crossed that because they refer to it as a “certificate” as opposed to a GC, it is excluded from this.

SteveX
SteveX

I don’t know, but I don’t see why it wouldn’t. And from my perspective, I always immediately purchased eBay GCs anyway with bucks. Never had to worry about losing them and could hold out for a bucks bonus that way.

Maybe you will be able to buy third party GCs directly with bucks, if not that’ll really hurt the programs real world value.

Guess we’ll see when next bucks are issued, but I’m not going to value bucks very highly going forward in any value calculations until I know.

Aahz
Aahz

You really think the “real world value” of eBay Bucks was using them to buy GCs? If so, I think you need to step away from the blogs and forums for a little while.

SteveX
SteveX

Not saying that bucks value is buying GCs. But, from a value perspective.

Less utility = less value.

You can attach a higher value to a certificate if you can do more with it. So Ebay bucks having a big constraint on what it can be used for would be less valuable.

SteveX
SteveX

Got me curious so I did just look at terms of ebay bucks certificates. Nothing indicating that it won’t be able to be used on third party cards that I can find. So that’s at least positive. Though they have 40+ days to change that.

http://pages.ebay.com/rewards/terms.html

john doe
john doe

where are you reading they have 40 days to change that?

SteveX
SteveX

I meant 40 days til current bucks certs are issued.

Winston
Winston

Totally lame. I’m stuck with $500 of ebay gift cards. It’s very unfair of them to change the rules after cards have been sold without any notice.

CE

I would dispute purchases of eBay GCs not yet used.

Eric
Eric

What do you mean by this? Do you mean have Ebay pay the value of the Ebay gc? I hope you don’t mean to dispute the charge with our credit cards. It’s not the merchants’ fault that Ebay screwed us.

CE

If you bought it from a store that gets it directly from eBay, then the store is responsible for making sure manufacturers don’t screw the customers over. If enough people complain, eventually they’ll pushback on eBay.

Most likely any chargeback would get charged back to eBay in the end anyway, the stores wouldn’t lose.

Winston
Winston

Well, half were bought at retail stores so I’m not going to dispute those. Of the others, I only have some I can connect to purchases. I don’t really want to lose my paypal and ebay accounts over the small amount

Eric
Eric

If they had given a month’s notice or grandfathered in Ebay gc that were already activated before this I would have no issue. The resale rate of Ebay gc is pretty bad and will only get worse with this news.

Matt
Matt

Consider yourself lucky. Many are stuck with much, much more.

Randy
Randy

Yup – $1000. Gulp.

blue9
blue9

I only have two words for eBay: OMG WTF!

NinjaX
NinjaX

i think thats six words.. but doenst matter. i agree with you…

K. Patel
K. Patel

Huge hit. Doshi it also means for Ebay bucks? If they can’t be used to buy 3rd party gift card whole game is over!!

NinjaX
NinjaX

HOLY SHIT DUDE…

Dan
Dan

This is a big one 🙁 Sitting on roughly $3K in eBay gift cards. Gonna be tough to unload without being able to purchase gift cards.

NinjaX
NinjaX

XMas shopping exclusively at eBay… it is for me now too…

DW
DW

Just ran into that a few hours ago trying to buy some gas cards. Oh well

Niel
Niel

oh well, a history ends.

Gavin Weng
Gavin Weng

Can we bring a class action lawsuit? There are laws regarding contracts, right?

Frank
Frank

Their gift card terms essentially mean they can change whatever they like…..

Max
Max

Both sides agree to the terms at the time contract goes into effect (i.e. GC sale). Ebay reserved the right to back out of it, and that’s fine. But that legally frees the buyer to undo the sale, becauseif the seller annulled the terms. It would not be legal for the seller to just confiscate a part of a prior sale, regardless of what some sleek lawyer comes up with.

Winston
Winston

No idea about the law on changing gift card terms. Considering filing a FTC complaint and one with the state attorney general.

joe
joe

WTF… but at the same time it was good while it lasted. Double dipping on portal bonuses, using ebay gift cards to buy best buy gift cards to buy ebay gift cards, etc. It’s amazing they allowed it for as long as they did. I only have $500 Ebay GCs left. PHEW. Does this mean ebay bucks won’t be good for gift cards either?

Eric
Eric

Unfortunately I predicted this would happen when Newegg did the same thing last year. I’m not sure what I’ll do with all of my Ebay gc now. I’m guessing Amazon will quickly follow suit.

anthonyjh21
anthonyjh21

The difference is we easily burn through $1k/year at Amazon. I’ll be hard pressed to spend a quarter of that on eBay in the same time. That’s unless I want to pay more for the same thing.

It’ll be interesting to see what the fallout of this is. Maybe the silver lining is we see larger discounts on gift card deals since sellers like SVM see less and less demand for a paltry 5% discount.

tkrepr
tkrepr

Actually, Amazon just did the opposite in the last few months. They were NOT allowing third party gift card purchases with Amazon gift cards. They are now. But you’re right. They will probably end it again.

Mark O
Mark O

I don’t think it is used as much since there are not money making cards on Amazon unless you get an amex offer or their occasional sale on them.

Eric
Eric

I wanted to clarify that I’ve never actually purchased a 3rd party gc on Amazon with an Amazon gc. It’s just nice to know that’s a backup in case I am ever stuck with a lot of Amazon credit. Now it may go away.

Unfortunately, I don’t really have a backup for using my Ebay gc. Do you have any suggestions?

Mark O
Mark O

Comb the daily deals for reselling opportunities or use it for gift shopping etc.

calwatch
calwatch

I was buying a lot of gold and have about $1400 of eBay GC left. I have some technology purchases in the next year to burn this up, but this is going to suck.

Mark O
Mark O

Would you just liquidate it at a gold/jewelry buyer?

Calwatch
Calwatch

I was buying gold during eBay bonus bucks for personal use (store it in a safe deposit box and diversify). Usually I would wait until 8% or 10% and max out then.

Dan
Dan

ScamBay and ScamPal bullshit as always.

Only have $60 for rolling with their promos, so whatever.

P
P

Ugh. I have $300 eBay gift cards that are now worthless because anything I buy that could be worth $300 will require $1000 in shipping cost to hawaii

NinjaX
NinjaX

get a parcel forwarding service. should save you a lot of money. Bedabox is good.

P
P

Thanks. I’ll research that

Pete
Pete

perhaps this is a dumb question, but what about gift cards that are mislisted as something else?

Dan
Dan

If its in a different category GCs should work. This is sometimes the case for gold (people list in different categories to get around restrictions)

calwatch
calwatch

Collectibles sometimes will have gold products. I expect some of the bigger names in gold to move to that space in a couple of months once this propagates and they see their sales drop. If you just have a few you could unload this way.

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