Posted by Chuck on January 28, 2015
Portals

Published on January 28th, 2015 | by Chuck

26

Lock in eBay Gift Cards at 5% Off

5% Off eBay

We’ve mentioned in the past that eBay is currently paying out on eBay e-gift cards purchased from Paypal Digital Gifts. We also mentioned that Ebates is offering 5% back on gift cards. This is a very odd phenomenon where gift cards are being bonused at a higher rate than other purchases.

You can now lock in 5% off all future eBay purchases, whether you’ll be purchasing gift cards on eBay or other products. Note, that officially eBay gift cards aren’t supposed to get cashback at all, so you won’t be able to file a missing cashback claim if it doesn’t post automatically. And there’s always the possibility of the cashback getting clawed back and not paid out.

5% is really a top portal rate for eBay and it may be worthwhile locking in all future purchases at the 5% discounted rate. And you’ll be able to get the  portal cashback again – at whatever rate it will be – when you make the purchase. The 5% is just an additional bonus on top of that.

I have no idea how long this 5% will last, but it’s been a couple days now, both on Ebates and on FatWallet cashback sites. Hopefully, it will keep up.

My Thoughts

I was inspired to post this because Ebates just sent me an email confirming that I had received cashback for my eBay e-gift card purchase.

I had purchased the $100 Sears deal immediately but the $200 Sears gift card for $175 I held off on. I first purchased $200 in eBay e-gift cards and after getting those, I waited a few hours (for the activation to complete) and I then purchased the $200 Sears gift card. The confirmation just came in from Ebates reporting both cashback transactions in my account.

ebates ebay

 

The first purchase is the 5% of $200 eBay e-gift cards, and the second purchase is for the $175 Sears gift card. (I now have $25 left over.)

The $200 Sears gift card deal is still around, so you may still be able to take advantage of the double-dip, with a risk of the Sears gift card dying.

Once I got that confirmation from Ebates, I purchased another $200 worth of eBay e-gift cards which I’ll use for some purchase in the future.

And remember that Frequent Miler reported that Chase INK is apparently paying out 5x on these eBay purchases.

[RELATED: Stacking Discounts with eBay]



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bob
bob

Have you ever had ebates track improperly (in your favor) and it work out? I purchased 4 of the sears gc’s and my one ebates rebate is showing $16 (for a $640 order that was really for $100). I’m sure it will correct itself, but either way its strange.

David
David

How are you paying for the purchase with Chase Ink– or any cc, for that matter? When I add something to my cart, it automatically defaults to Paypal as payment method, and doesn’t give me an option to use credit card. I do have a few hundred $ in my PP account. Does my PP balance have to be lower than purchase price to use credit card?

sam
sam

can I purhcase ebay gift card and use it to purchase sears gift card?

Paul
Paul

Dunno if I’d get too excited – this is what Ebates has in their fine print about the 5% eBay cash back…easy to claw back if they want…

Special Terms and Exclusions −
Exclusions: Cash Back is not available within the following categories: eBay Motors (including Vehicles, Motorcycles, Boats, and Powersports; excluding Parts & Accessories), any form of Real Estate, eBay branded Gift Cards, Bullion, and Heavy Equipment within the Business & Industrial category.

Dave
Dave

Not sure why my prev posts didn’t go through.

Is there a way to use credit card for eBay purchases if I still have a large PayPal balance?

charlie
charlie

How soon did you get the confirmation email from Ebates ?

Andy
Andy

Has anyone received an error when trying to purchase a merchant e-gc with an ebay one? I purchased my ebay gc without issue, but when I try to use that to buy an American Airlines gc I get an error that says, “We’re sorry, we can’t send your payment right now.” I’m doing a straight $100 purchase with a $100 ebay gc, so I’m not sure if the $0 balance is causing the issue. It’s been about five hours since I received the ebay gc in my email (the message says to wait four hours). Anyone else run into this one?

Charlie
Charlie

It happened to me last night, but it cleared itself up this morning

Haley B
Haley B

I’m running into the same issue, PayPal not letting it go through.
Ecard shows as active on ebags site (takes the $100 off).

I’m also only getting tracking on some orders with ebates.

Haley B
Haley B

Ebay site not ebags, damn auto correct.

Haley B
Haley B

Red triangle with an ‘!’ in it and red text “We’re sorry, but we can’t send your payment right now”

tjp74
tjp74

I am experiencing exact same problem. I was able to make $500 worth of ebay gift card two times few weeks ago on two different ebay accounts. Since then, no matter what I do, I get same same “This payment cannot be completed and your account has not been charged. Please contact your merchant for more information.” error yet I have no problem paying for other ebay purchases using credit cards.

I have several ebay, paypal and chase ink cards. I tried various combination and even tried opening up a all new ebay and payal account just to see but same error…

Anyony successfully resolved this issue? or making purchase no problem?

tjp74
tjp74

Those of you wanting to use CC instead of PP balance… all you have to do is initiate the fund withdrawal into your checking account and your will see the option to use credit. It’s been like that since day 1 so I never keep any balance in PP. whenever I receive a payment, I do instant withdrawal into my account… I don’t see a reason why anyone would want to keep the cash balance.

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