eBay Bucks Gutted with New Gift Card Restrictions: What You Need to Know

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ebay bucks gift cards

eBay Bucks & Gift Cards

This morning I posted about a Kmart gift card deal that is made better partly because of an 8% eBay Bucks promotion. Unfortunately, as of October 1, 2016 purchases of gift cards of any kind on eBay will no longer earn eBay Bucks.

Here is the notice you can find if you login to your account, go to “My Ebay” and click on the “eBay Bucks” section:

Gift Cards, Digital Gifts, and eBay Gift Cards exclusions for October 1, 2016 and January 1, 2017

After October 1, 2016, you will not be able to earn eBay Bucks when purchasing eBay Gift Cards, Gift Cards, and Digital Gifts purchases within the Gift Cards & Coupons category.

After January 1, 2017, you will not be able to redeem eBay Bucks for eBay Gift Cards within the Gift Cards & Coupons category.

eBay Bucks are earned per quarter, so it is no surprise that these changes will take effect at the beginning of each quarter. Beginning on October 1, you will no longer earn eBay Bucks when purchasing gift cards. As I mentioned, this will signficantly impact the value of various deals on the discount site.

Second, starting in 2017, any eBay Bucks earned, will not be able to be used towards eBay gift cards. (It appears based on the wording you will still be able to purchase merchant gift cards.) The reason this is being implemented in 2017 is most likely because people have already earned eBay Bucks this quarter and eBay doesn’t want any issues with changing the rules. eBay Bucks being spent in 2017 will be earned after October 1 and thus after this announcement.

Conclusion

While these changes may seem small, they will have a huge impact on the value of eBay for many people. I personally am not surprised this has happened given that almost no other retailer pays rewards on gift card purchases. (Fuel rewards excluded.) We have also seen some portals add exclusionary language on all gift card purchases for eBay, so more changes may be yet to come. Fun fun.

What are your thoughts? Has eBay shot themselves in the foot with these restrictions or are you surprised that it took this long?

HT: Doctor of Credit


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13 COMMENTS

  1. “Second, starting in 2017, any eBay Bucks earned, will not be able to be used towards merchant gift cards. ”

    Shouldn’t that read “used toward eBay gift cards”? Or am I mis-reading the T&C?

  2. Thanks for the report/warning, such as it is.

    I hear dandy Don Meredith singing somewhere….

    Turn out the lights, the MS party at ebay is over….

    (that is unless they ppdg starts increasing discounts to compensate….)

  3. Based on the wording for the Jan 1 part of this, I suspect that sometime after Jan 1, eBay is going to eliminate gift cards other than their own completely. I suspect they will blame rampant fraud, etc.

    • About a month ago, they drastically reduced their guarantees/responsibilities to both buyers and sellers of gift cards, so if that’s working, they’ll keep the market open.

      Yes, it’ll halve my quarterly eBay Bucks, but as long as they don’t add in “no eBay Bucks will be awarded on purchases made with eBay gift cards”, I’ll still make some free money 🙂

  4. Shouldn’t matter if you get ebay bucks on a non ebay gift card wouldn’t ebay still get the same final value fee on the item sold?

    I’ll be shopping significantly less if I can’t earn ebay bucks on gift cards. I purchase gas cards regularly because of discounts and ebay bucks

  5. I recently got a partial refund to a gift card in a nominal amount. When going to the page where you used to be able to check the balance of all your prior cards, now, they have determined we are no longer privy to that. Instead, we can right click on the card number and get the terms & conditions. But finding where my nominal leftover balance is would seem to be very difficult. Sure, I could manually check hundreds of card numbers for the missing pennies.

    https://www.paypal.com/cgi-bin/customerprofileweb?cmd=%5fprofile%2dpie%2davailable
    ———————————-
    Gift Cards: Terms and Conditions

    Date last updated: August 22, 2016
    Introduction
    By purchasing, accepting or using the eBay Gift Card in physical or digital form (“Gift Card”) and in consideration for your right to use the Gift Card, you agree to be bound by these terms and conditions (the “Terms and Conditions”) and the terms and conditions contained in the eBay User Agreement (the “eBay User Agreement”). In these Terms and Conditions, “you” and “your” means the cardholder who has purchased or received a Gift Card. “We” or “our” means eBay Gift Card Services, Inc., and eBay Inc., as applicable.

    The terms and conditions of the eBay User Agreement are incorporated herein by reference. Please be advised that the eBay User Agreement contains provisions that govern how claims you and we have against each other are resolved (see section entitled “Legal Disputes ” in the eBay User Agreement). It also contains an arbitration agreement section entitled “Agreement to Arbitrate”, which will, with limited exceptions, require you to submit claims you have against us to binding and final arbitration, unless you opt out of the arbitration agreement (see the “Legal Disputes ” provision in the eBay User Agreement). In the event of any conflict between these Terms and Conditions and those contained in the eBay User Agreement, these Terms and Conditions shall prevail.
    Redemption1.You must have a PayPal account, an eBay account registered in the U.S., and a U.S. shipping address to redeem the Gift Card. For security purposes, you may be required to enter credit card or bank account information to open a PayPal account.
    2.Invalid or unidentifiable Gift Card numbers will not be redeemed.
    3.As a security feature, upon first use the Gift Card (including funds on the Gift Card) becomes non-transferable and links to the eBay account associated with the Gift Card’s first use.
    4.The Gift Card may only be used for purchases on ebay.com when PayPal is accepted.
    5.It is important that you track the Gift Card balance. You may check your Gift Card balance by using the Gift Card balance checker at https://giftcards.ebay.com/balance.
    Restrictions6.The Gift Card is not refundable or redeemable for cash or credit, unless required by law.
    7.The Gift Card may be used to make purchases only up to the available balance on the Gift Card. The available balance of the Gift Card is reduced by the amount of each purchase of goods or services and by other deductions, if any, that may be required by law.
    8.If you want to use the Gift Card to make a purchase that exceeds the available balance on the Gift Card, you must combine the use of the Gift Card with additional payment from your PayPal account or other funding source. You agree that we are not responsible if you do not have enough funds on your Gift Card to facilitate a transaction.
    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).
    10.During the first 90 days after registering an eBay account, no more than a total of $1,000 in Gift Cards may be redeemed. For eBay accounts greater than 90 days old, no more than a total of $2,000 in Gift Cards may be redeemed over any 60-day period. Further, you may only redeem a maximum of eight Gift Cards in any single transaction (and fewer if you are redeeming Gift Cards in combination with other redemption codes, such as coupons or vouchers). Restrictions also apply to the purchase of eBay Gift Cards on ebay.com. See our Gift Card Policy for details.
    Disclaimer of Warranties; Limitation of Liability11.WITHOUT LIMITING THE DISCLAIMER OF WARRANTIES CONTAINED IN THE EBAY USER AGREEMENT AND TO THE EXTENT PERMITTED BY APPLICABLE LAW, WE AND OUR RESPECTIVE AFFILIATES MAKE NO REPRESENTATIONS, WARRANTIES OR CONDITIONS OF ANY KIND, EXPRESS OR IMPLIED, WITH RESPECT TO THE GIFT CARD OR ANY PURCHASES MADE WITH THE GIFT CARD, INCLUDING, BUT NOT LIMITED TO, ANY IMPLIED WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, OR NON-INFRINGEMENT, OR ANY WARRANTY ARISING BY USAGE OF TRADE, COURSE OF DEALING, OR COURSE OF PERFORMANCE. Some jurisdictions do not allow the disclaimer of implied warranties, so the foregoing disclaimer may not apply to you. This paragraph gives you specific legal rights and you may also have other legal rights that vary from jurisdiction to jurisdiction.
    12.IN ADDITION TO THE EXCLUSION OF DAMAGES SET OUT IN THE EBAY USER AGREEMENT, YOU AGREE THAT WE AND OUR RESPECTIVE AFFILIATES SHALL HAVE NO LIABILITY FOR LOST PROFITS OR ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR IN CONNECTION WITH THESE TERMS AND CONDITIONS (HOWEVER ARISING, INCLUDING NEGLIGENCE). IN ADDITION, TO THE EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL WE OR OUR RESPECTIVE AFFILIATES HAVE ANY LIABILITY FOR ANY DAMAGES OR LOSSES (INCLUDING, BUT NOT LIMITED TO LOST PROFITS OR ANY SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES) RESULTING DIRECTLY OR INDIRECTLY FROM: (A) UNAUTHORIZED ACCESS TO, OR ALTERATION, THEFT OR DESTRUCTION OF A GIFT CARD THROUGH ACCIDENT, MISUSE, OR FRAUDULENT MEANS OR DEVICES BY YOU OR ANY THIRD PARTY; (B) ANY CIRCUMSTANCES BEYOND OUR CONTROL; (C) THE USE OF THE GIFT CARD BEING SUSPENDED OR PROHIBITED BECAUSE IT HAS BEEN REPORTED LOST OR STOLEN, OR WE BELIEVE IT IS BEING USED SUSPICIOUSLY OR FRAUDULENTLY OR IS BEING SUBJECTED TO UNAUTHORIZED USE; (D) THROUGH NO FAULT OF OURS, YOUR NOT HAVING SUFFICIENT FUNDS ON A GIFT CARD TO COVER A TRANSACTION; OR (E) INABILITY TO USE A GIFT CARD BECAUSE OUR SYSTEM IS NOT WORKING PROPERLY. YOU AGREE THAT WE AND OUR AFFILIATES ARE NOT RESPONSIBLE FOR ANY INTERRUPTION OF SERVICE. The laws of certain states or other jurisdictions may not allow limitations on implied warranties, or the exclusion or limitation of certain damages, so the above limitation or exclusion may not apply to you. NOTWITHSTANDING THE FOREGOING AND THE DISCLAIMER OF WARRANTIES IN THE EBAY USER AGREEMENT AND IN SECTION 11 OF THESE TERMS AND CONDITIONS, IN THE EVENT THAT WE OR OUR RESPECTIVE AFFILIATES ARE FOUND LIABLE TO YOU, YOU SHALL ONLY BE ENTITLED TO RECOVER ACTUAL AND DIRECT DAMAGES IN AN AMOUNT NOT TO EXCEED THE AMOUNT LOADED ONTO YOUR GIFT CARD.
    General Terms13.The funds on the Gift Card do not expire. No fees apply.
    14.Protect the Gift Card like cash. Lost, stolen or damaged Gift Cards will only be replaced if the Gift Card has never been used, and only with satisfactory proof of purchase and Gift Card number, where required by law.
    15.We reserve the right to correct the Gift Card balance if we believe that a clerical, billing or accounting error has occurred. You also agree that we may deactivate, cancel or suspend any Gift Card if we suspect fraud, unlawful activity or improper Gift Card use. You agree that you will not use a revoked Gift Card.
    16.The Gift Card is not a credit, debit, or charge card. No implied warranties attach to it.
    17.Use of the PayPal and eBay services is subject to each company’s respective User Agreement. Gift Card users must be 18 years of age or older.
    18.The Gift Card is issued by eBay Gift Card Services, Inc., an Arizona corporation, which reserves the right to change the terms of the eBay Gift Card program or amend these Terms and Conditions at any time or to contract with a third party to administer this program. Any amendment to the Terms and Conditions will be effective when posted on http://www.ebay.com.
    19.We may assign these Terms and Conditions at any time without notice to you. However, if we assign the Terms and Conditions, the Terms and Conditions will remain substantially the same unless you are notified.

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