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eBay Gift Card Limits
Ah eBay. Truly one of the most difficult companies to like. I mean they do provide opportunity for good deals from time to time, but they often make life hard for buyers and even sellers. Let’s not even mention when they do crazy things like zero out your eBay Bucks balance for no reason.
One of the few positive developments on the eBay front these past few months has been the elimination of a hard limit on the use of eBay gift cards. Previously gift cards were tied to your PayPal account with a rolling limit. A few months ago gift cards switched over to a new system where they were tied to your eBay account with no limit except $1,000 per transaction.
A New Limit In Place
Unfortunately that has now changed. Yesterday I received the following tweet:
— Lee Havemeier (@havemeier) July 20, 2016
After investigating gift cards terms on eBay’s site (which were updated on July 15, 2016), I found the following:
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.
This is a bad development for those of us who purchased large quantities of goods on eBay. Being limited to $2K per 60 days could be a huge drawback. Fortunately there is one sort of silver lining. Since eBay gift cards are tied to your eBay account, you can skirt this limit by having multiple eBay accounts. Whether this is allowed is another story. Take a look at what the eBay site says about it.
On one hand it is alright to have multiple accounts, but if you open up multiple accounts to avoid limits or other restrictions then you are breaking the rules. I suspect no matter your motivations, if eBay thinks you are doing something wrong then they will ban your accounts, so this probably isn’t a good idea. Tread lightly as they say.
The deal universe giveth and taketh away. I personally am a little bummed by this new limit on the use of eBay gift cards, but it isn’t the complete end of the world I suppose. At least they still allow you to use eBay gift cards to purchase other gift cards, but who knows how long that will last.
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