Posted by William Charles on June 13, 2016
Misc

Published on June 13th, 2016 | by William Charles

52

What’s Going On With eBay Gift Cards Sold By Third Parties?

Recently a number of third parties that sell eBay gift cards have either removed them entirely (Target & Staples) or limited the amount you can purchase (Gyft). I don’t think it’s a coincidence that sites that were selling these gift cards that also earned 5%/5x (or had way to buy endless quantities with themselves e.g Target) are the ones that have been shut down.

What I think is that eBay tracks what gift cards are sold where and what those gift cards are used on. The majority of eBay gift cards purchased from those retailers would have been from people purchasing other gift cards for resale on eBay, something that is unlikely to be profitable for them (keep in mind they are usually already discounted and then eBay is giving the retailer that sells their gift cards a cut, paying a portal bonus and also giving out eBay bucks). So they have simply decided to either reduce the discount those retailers get on purchasing eBay gift cards in bulk or prohibited them from selling eBay gift cards all together.

This makes sense to me, as Staples are still selling physical gift cards (both in store & online) and Gyft are still selling lower denomination gift cards (presumably more likely to be given as a gift and left unredeemed or redeemed on items with a larger profit margin and possibly without a portal payout/eBay bucks).



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John
John

Newegg stopped selling $100 and $200 denominations.

dan
dan

sub

Jay
Jay

Subscribe to what?

Jess
Jess

My last batch from Target have now all been compromised/drained as well. NO ONE else had access to the numbers. Ebay on Twitter is working on it, but I’m afraid of what may transpire. I wonder if fraud has anything to do with ebay limiting who can sell them as well.

XP1
XP1

How long did you hold them without linking them to your PayPal account?

mk712
mk712

Wait, is there a way to do that without using them? I have a couple dozens of GCs bought over the past few weeks that I’m saving for eBay Bucks in Q3 and I’ve been worried they will get drained by then, if there is a way to link them without using them that’d be awesome.

XP1
XP1

No. The best way is to buy something ~$0.99 or a useful thing, like a SATA cable, paper clips, rubber bands, staples, stamps, etc…

Tampa Boy
Tampa Boy

XPI,
I was not aware you could link eBay Gift Cards to your PayPal account. Can you please let me know how to do this? I cannot locate it on the PP website.
Thank you

XP1
XP1

Look at post above. The currently only way is to buy an item, something cheap like $0.99, using the gift card with your PayPal account.

JD
JD

Actually, I hold on to my EBAY cards UNTIL I know which EBAY account of my family and friends I want to use them for…which is important because ONCE YOU USE a gift card for an EBAY account (and its specific linked PayPal account) you can ONLY use the remaining balance on that card ON THAT ACCOUNT.

Jared
Jared

I had the same experience as Jess. I had $150 in Ebay gift cards, purchased on target.com, drained before I could use them. After about 12 hours on the phone over the course of 2 weeks trying to have this resolved as well as a BBB complaint, I got absolutely no resolution and was told by Ebay/Paypal to file a police report against Target… Had I purchased the gift cards with a credit card I would have disputed the purchase with them but I used a target gift card to make the purchases, which means no recourse. Overall, this was an extremely frustrating experience and would never try that again even if they were for sale. I chose not to go that route and instead took the loss. I imagine that this fraud is a big reason the gift cards are being removed.

Jess
Jess

Yikes. I’m sorry I’m not the only one. Also sorry it sounds like I won’t be getting anywhere with this. I too bought them with target gift cards.

And the same day (different transaction) I bought ebay gift cards with target gift cards and the ebay gcs never came yet the target gift cards were utilized. That took over 2 weeks (many phone calls/chats/emails to target) to get the $ back on the target gift cards. I guess I’m happy now I never got the ebay codes.

You’re right, not sure if I’d even go back to buying from Target again anyway.

Jared
Jared

Trying to talk to them is miserable. I was transferred back and forth multiple times with Target telling me I needed to talk to ebay and then ebay telling me they couldn’t do anything because the gift cards were bought from target and I needed to be issued new ones or refunded. Target would then say that there is nothing they can do because there is no way for them to know if I used the cards or gave them away and that I needed to talk to ebay/paypal about it. Ultimately the situation has to fall back on Target since the purchase was made through them and the gift card were used before they sent them to me but they continuously said that there was nothing they could do. There is no communication between the two at all. Good luck with your situation. I hope it turns out better than mine did.

Jared
Jared

The last interaction I had was talking to a supervisor from Target, on the phone, after four hours of back and forth and telling them that the ebay supervisor told me to file a police report if they wouldn’t refund me. She laughed and told me to go ahead. Obviously this is not worth the hassle but it shows how little they actually care about trying to resolve the issue.

Jess
Jess

Since one of my cards still has $175 on it, ebay has frozen it and has asked for the proof of purchase. The ecard website you click on to get the code at Target is now an unprotected site and it’s blocked on my computer. CLEARLY this is Target’s issue.

CJ
CJ

Would you mind sending me the video? When I attempted this, I could not get it to work. ekt.gc1 at gmail

Aureliano
Aureliano

Jared and Jess,

I am sorry to hear your experience. But Target is the only one to blame. There is a bug on https://www.targetecards.com/ for months. And it still works.

To verify it yourself, first go to https://www.targetecards.com/. Then enter an order number with e-gift cards in it. Enter any email address. Enter 00000 as zip code. Behold magic.

Basically hackers can run through all the order numbers to find out useful gift cards. And Target doesn’t care.

I think you can make a video showing the hacking process before Target fixes it. However I think Target won’t care a dime until facing lawsuit. I haven’t suffered loss from this hack. But if you people unite together you may win a class action lawsuit against Target and get back what you lost. These bitches definitely deserve to be punished. Good luck.

CJ
CJ

This is really interesting. My antivirus blocks me from going to targeregiftcards.com saying that the certificate was revoked. If anyone has a video if this, I would love to see it with my own eyes. I am also pretty sure it would go viral in a matter of hours on youtube, especially if you forwarded it to local news.

@Jared and Jess, If you could get a hold of video proof that there is a bug in targetegiftcards.com and filed a report with the FTC and the BBB, I feel like you will get a refund at some point. If the FTC was aware of this they would be furious with target and that is not one force I would want to piss off because they are scary.

Jess
Jess

I made a video yesterday. I was able to pull it up on my phone and take the video with the ipad. It’s not perfect, but it gets the point across. I’ve contacted Target first to see what they’ll do, but I did warn them I have video proof and will use it if need be.

Jared
Jared

I made a video as well and sent a message to target both on their website and on twitter. We will see how they respond. No way will I ever try to call that incompetent company again.

Jess
Jess

CJ, I’ve sent you the video.

Jared, they fixed the email glitch, and act like I’m making it up. Said they’ve heard no one else complain about it. Doubt we’re the only two that just happened upon this one post. Guess it’s time to go viral.

Chris
Chris

I wasn’t able to reproduce this with 3 different orders. Perhaps this is now fixed? Not that it matters anymore since they no longer sell them.

Jess
Jess

They fixed it after I emailed them about it (at least the timing is spot on). I have video proof but they aren’t admitting ANY fault. I’m looking into small claims court now.

Aureliano
Aureliano

Jared and Jess,

I’m sorry to hear your experience. Target is the only one to blame. There is a hack on https://targetecards.com/. It’s still going on.

First enter an order number with e-gift cards in it. Then enter any email address. Enter 00000 as zip code. Behold magic.

Basically hackers can run through all the order numbers to find useful gift cards. And Target allows it.

I suggest you make a video revealing this hack before Target fixes it. Although I think they won’t even care until facing lawsuit. I haven’t suffered loss from this hack. But if you people unite together, you may win a class action lawsuit against Target and get back what you lost. It totally makes sense to me. Good luck.

Aureliano
Aureliano

Damn it. My first reply disappeared after I posted it. Ignore this one.

Jess
Jess

WOW!

Jared
Jared

I hope they eventually have to pay out for all of the hassle they have caused people. That is a ridiculous error to have as a large company.

savemesf
savemesf

Would not surprise me if fraud is the reason. Always seemed like ebay was playing with fire by issuing these without PINs. Somebody in Russia must have figured out how to guess the card numbers.

If fraud is the reason, maybe the online gcs will return once ebay figures out how to issue pins.

Den
Den

Lol!. Maybe Putin himself? Fraud does not have citizenship or nationality.

Orion
Orion

It’s a pain in the ass trying to figure out which eBay gift cards have been used now that Paypal uses some random string of letters instead of the number in the purchase info.

Fairly certain 2 of my $100 gift cards bought from Target have been drained without my use, but very hard to confirm now.

Ben
Ben

Some weak GC offerings today…5% off gas cards – pass.

AE
AE

“Some weak GC offerings today…5% off gas cards – pass.”

So much this – 10% or 8% please with ebay bucks… lousy offerings so far – must be saving up for the father’s day sale?

sheila
sheila

Wow! I guess I should stay away from GC reselling for a while.

J P
J P

Little off topic but anyone know why resellers or gift card exchanges are not selling/stocking staples gift card lately?

Dcatast
Dcatast

How much staples do you need? Dm me on twitter

HG
HG

Is there any way to inquire as to which GC was used on a transaction that was returned? I had 5 partial refunds go back to 5 eBay GCs. Sure, I keep the GCs in my desk for months but I really don’t want to go thru these manually.

If eBay was half competent they would pull a Best Buy.

S
S

I’m suspecting fraud is going be the main reason. Come to think about it, I’ll contact ebay again because while they said they’d look into it… I never got a response to what happened with my card.

Fiby

Commenting to sub (there’s no subscribe without commenting option at the moment)

James

Same

Eric
Eric

Thanks for your comment. I assumed that commenting had been disabled completely when I looked at a couple of newer posts. Had you been receiving comments on newer posts before this happened? I replied to Will in some other thread about the issue but neither he nor anyone else replied to me.

Eric
Eric

I wasn’t given the option to subscribe when I wrote that comment. Were you?

Dan
Dan

Seems like most of the discussions about their eBay GC’s getting drained involve purchasing the cards from Target. Any reports of fraud from other sites? I have about $2K of eBay gift cards sitting around. Makes me want to make a small purchase on each card so that it’s tied to my eBay user name and can’t be drained from a fraudulent party.

Mark O
Mark O

I did that today with mine just in case.

Aahz
Aahz

Are all of these issues with eGift Cards or with physical gift cards as well?

CJ
CJ

I don’t feel like this is due to fraud. I feel like ebay is going to take over the gift cards that are sold fully and cut paypal out. Right now you still need a paypal account to use them and they all mention paypal on them. I feel like they are going to let them drain out and put out new ones. That seems like the next logical step in the progression to me.

Another thing you guys need to consider is the mandated chip reader date has passed for quite a few merchants. It is a lot easier to pull all of your cards than it is to tell attendants to make sure that people can only use chip to buy. I have noticed that something odd is happening with my local Kroger gift card rack. It has moved twice in a month from one side of the store to the other, then back again, but the self checkout registers have also moved.

Who knows though, it could be fraud, but something is definitely up.

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