The Offer
- eBay/Paypal cardholders can now redeem their points for any available gift card brand at 1 cent-per-point
The Fine Print
- Valid through March 31, 2017
Our Verdict
Cash redemption value on the eBay/PP credit card is 6,000 points = $50, making each 100 points worth around 83 cents. They periodically offer select gift cards in select denominations at a redemption value of 1 cent-per-point, e.g. 5,000 points for $50 eBay gift card. It’s highly unusual that they run a promotion like this where you can buy any gift card in any denomination at 1 cent-per-point.
Most people have some gift card brand which they value at more than 83%, usually brands like Amazon, Walmart, Target, Best Buy, Albertson’s, ACME, etc., and most cardholders will probably want to cash out their points now. Personally, I bought Amazon.
Hat tip to reader Mimi
