eBay Bucks new terms

[deucetwins]

Another nail in the coffin. I received notification yesterday that now to redeem your eBay Bucks certificate, you must have a $5.00 minimum threshold per quarter earned in your eBay Bucks account. Anything less is forfeited. Another backdoor way to increase purchases (get above the $5.00 threshold) to collect more sellers' fees. I'm sure somehow eBay was losing profit margin on this. Some quarters the threshold would affect me, some quarters it wouldn't. But still, I liked the idea of being able to buy that 1987 Topps George Brett for virtually nothing.

[EvilKing00]

yea this is BS, they should at least let it carry over to the next quarter.

[novakjr]

Originally Posted by EvilKing00

yea this is BS, they should at least let it carry over to the next quarter.

That's what I've been saying about the "credit hours" for my pension for the longest time. Yet, they keep eating my annual remainder hours.. The little thefts are how they keep things afloat...

The ebay bucks thing is a little different, yet still just about making $$$..

[johnmh71]

Originally Posted by EvilKing00

yea this is BS, they should at least let it carry over to the next quarter.

++1

[Rob D.]

Just one more reason for people to cheat eBay out of PayPal fees by using the gift option for purchases. A dish best served cold.

[birdman42]

Originally Posted by Rob D.

Just one more reason for people to cheat eBay out of PayPal fees by using the gift option for purchases. A dish best served cold.

PayPal gets their fees from the sender on "gift" option payments. If I buy a $100 item from you and send PP as a purchase, I send $100 and you get $97 (or whatever). If I make the payment as a "gift," you get the full $100 but I pay $103. Either way, eBay/PP gets theirs.

Bill

[4815162342]

Originally Posted by birdman42

PayPal gets their fees from the sender on "gift" option payments. If I buy a $100 item from you and send PP as a purchase, I send $100 and you get $97 (or whatever). If I make the payment as a "gift," you get the full $100 but I pay $103. Either way, eBay/PP gets theirs.



Bill

Neither the sender nor the recipient pays any fees if the sender uses a bank account.

[vintagetoppsguy]

Originally Posted by birdman42

PayPal gets their fees from the sender on "gift" option payments. If I buy a $100 item from you and send PP as a purchase, I send $100 and you get $97 (or whatever). If I make the payment as a "gift," you get the full $100 but I pay $103. Either way, eBay/PP gets theirs.

Bill

Bill,

That's only true is you're sending PayPal Gift using a credit card. If you're sending it from a PayPal balance or from a linked bank account, there is no fee.

[alanu]

Originally Posted by EvilKing00

yea this is BS, they should at least let it carry over to the next quarter.

It doesn't go into affect until 1/1/14

As a result of our latest program review, the eBay Bucks Certificates to be issued for the quarter ending December 31, 2013, will be the last sent for Rewards that total less than $5.00.

Effective January 1, 2014, program members must earn a minimum of $5.00 in eBay Bucks during a quarterly Earn Period in order to receive a Certificate at the end of the period. Quarterly balances below the $5.00 threshold will be forfeited.

[freakhappy]

They have to find a way to make more money without actually improving their business model...thanks eBay!

When I first read about the change I just laughed and told my wife about it. I mean, what's next? It's like they are trying their hardest to push people away from their site...just disappointing because I've always liked eBay and IMO they have went backwards the past few years or so.


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[jb217676]

Could be worse. Ebay cancelled the ebay bucks program for Canadians last year.

[thecatspajamas]

Originally Posted by jb217676

Could be worse. Ebay cancelled the ebay bucks program for Canadians last year.

That's what I figured was coming when I first saw the e-mail. I can't say that getting eBay bucks on a transaction or not has ever affected my buying, but it is nice to get $100-200 of free "stuff" once a quarter so long as they have the program in effect. I figure it will go the way of all other tangible perks eventually, but I'll enjoy it while it lasts.

Originally Posted by HRBAKER

+1 seriously, considering what we are able to abide in other areas of the hobby

Shhhh. Don't let eBay find out about "buyer's premiums" or else they'll figure some way to work that into the equation too. Only in the Collectibles categories though, b/c collectors are the only buyers nutty enough to stand for such a thing.

[Brian Van Horn]

Originally Posted by freakhappy

They have to find a way to make more money without actually improving their business model...thanks eBay!

When I first read about the change I just laughed and told my wife about it. I mean, what's next? It's like they are trying their hardest to push people away from their site...just disappointing because I've always liked eBay and IMO they have went backwards the past few years or so.


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eBay is becoming a bank?

[freakhappy]

Originally Posted by Brian Van Horn

eBay is becoming a bank?

I know, right!??

[4815162342]

I used to get a kick out of seeing what cheap gadget I could buy from Hong Kong with my eBay bucks.

[vintagetoppsguy]

Seriously, guys?

All you have to do is spend $250 per quarter to get to the $5 threshold. Heck, if you do it on Double eBay Buck Days, you only have to spend $125 per quarter. I don't see what the big fuss is about.

[slidekellyslide]

Originally Posted by vintagetoppsguy

Seriously, guys?

All you have to do is spend $250 per quarter to get to the $5 threshold. Heck, if you do it on Double eBay Buck Days, you only have to spend $125 per quarter. I don't see what the big fuss is about.

I don't even know what you guys are talking about...ebay bucks?

[freakhappy]

Originally Posted by vintagetoppsguy

Seriously, guys?

All you have to do is spend $250 per quarter to get to the $5 threshold. Heck, if you do it on Double eBay Buck Days, you only have to spend $125 per quarter. I don't see what the big fuss is about.

It's petty on ebay's part...that's the point. When companies try to give and help it's customer base, eBay seems to find a way to work in reverse. Is $5 a big deal? Of course not...but the point speaks louder.

[HRBAKER]

Originally Posted by vintagetoppsguy

Seriously, guys?

All you have to do is spend $250 per quarter to get to the $5 threshold. Heck, if you do it on Double eBay Buck Days, you only have to spend $125 per quarter. I don't see what the big fuss is about.

+1 seriously, considering what we are able to abide in other areas of the hobby

[dabigyankeeman]

Originally Posted by vintagetoppsguy

Seriously, guys?

All you have to do is spend $250 per quarter to get to the $5 threshold. Heck, if you do it on Double eBay Buck Days, you only have to spend $125 per quarter. I don't see what the big fuss is about.

Agreed. Also, i bought 2 cards on the Ebay bucks sale day, got QUADRUPLE Ebay bucks for both, and with over-buying the last few months, i really got great Ebay bucks coming in a few days.

But as to no bucks under $5, i can understand any business doing that. Its supposed to be an incentive to make you buy a little more, and if you havent reached $5, then the incentive didnt work on you.

[bbsports]

It could have been worse. I'm not surprised that they haven't removed the e-bay bucks away all together. E-bay has been riding the greedy train since 5/1 of this year when they decided to charge a 9% flat rate fee on all e-bay fees, even with an e-bay store.

[rjackson44]

feebay is really a nutty company ,,stick with net 54 it rocks ,,

[vintagetoppsguy]

Originally Posted by dabigyankeeman

But as to no bucks under $5, i can understand any business doing that. Its supposed to be an incentive to make you buy a little more, and if you havent reached $5, then the incentive didnt work on you.

Exactly! Someone who gets it. Recently I went to the corner store and bought a soda and a bag of chips. My total was three dollars and some change. I gave the cashier my debit card and was quickly informed that the minimum credit card / debit card transaction was $5. I didn't have any cash on me, so had two choices. I could either use their in-store ATM to withdraw some cash and get charged a $3 fee (not including the fee my own bank would charge me) or I could purchase something else that I really didn't need to bring the total up to $5. Easy choice.

And just an FYI, today is QUADRUPLE eBay Buck day.

[4815162342]

Where do you see that today is quadruple eBay bucks day? Just curious - I can't find it on eBay's site.

[freakhappy]

Originally Posted by vintagetoppsguy

Exactly! Someone who gets it. Recently I went to the corner store and bought a soda and a bag of chips. My total was three dollars and some change. I gave the cashier my debit card and was quickly informed that the minimum credit card / debit card transaction was $5. I didn't have any cash on me, so had two choices. I could either use their in-store ATM to withdraw some cash and get charged a $3 fee (not including the fee my own bank would charge me) or I could purchase something else that I really didn't need to bring the total up to $5. Easy choice.

And just an FYI, today is QUADRUPLE eBay Buck day.

Your example would have fit perfectly if you've never been to that store before or were used to their policy, but what if that same store allowed you to purchase those same items with your cc/dc without having to buy any minimum amount and then one day they said their policy has changed and you have to buy $5 minimum or you will be charged a surcharge? I'm willing to bet you wouldn't be too happy at first...now your example makes sense.

[dabigyankeeman]

Originally Posted by vintagetoppsguy

Exactly! Someone who gets it. Recently I went to the corner store and bought a soda and a bag of chips. My total was three dollars and some change. I gave the cashier my debit card and was quickly informed that the minimum credit card / debit card transaction was $5. I didn't have any cash on me, so had two choices. I could either use their in-store ATM to withdraw some cash and get charged a $3 fee (not including the fee my own bank would charge me) or I could purchase something else that I really didn't need to bring the total up to $5. Easy choice.

And just an FYI, today is QUADRUPLE eBay Buck day.

Thanks, and thanks for the info, maybe i missed the Ebay message to me, but recently they had a Quadruple Ebay bucks day (had to buy $150 per transaction to get the Quadruple) and i blew my money on two transactions that day to get the Quadruple bucks!

[freakhappy]

The big picture is easy to understand, but my beef with it is why offer it in the first place if you are just going to take it away? It was a nice perk for everyone, not just the people that splurge on eBay. Either way, it's not a big deal to me, it just seemed like a weak move. I'm guessing they took it away because their profits are not on the rise? and they have to find a way to help reverse that trend. Why else would they completely strip the eBay bucks program away from Canada...


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[4815162342]

Originally Posted by freakhappy

The big picture is easy to understand, but my beef with it is why offer it in the first place if you are just going to take it away? It was a nice perk for everyone, not just the people that splurge on eBay. Either way, it's not a big deal to me, it just seemed like a weak move. I'm guessing they took it away because their profits are not on the rise? and they have to find a way to help reverse that trend. Why else would they completely strip the eBay bucks program away from Canada...


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+1

[vintagetoppsguy]

Originally Posted by freakhappy

why offer it in the first place if you are just going to take it away?

That's how I felt about the McRib

[freakhappy]

Originally Posted by vintagetoppsguy

That's how I felt about the McRib

If people only knew what was in the McRib