Ebay Bucks program effectively ending
Received this email from ebay today:
Thank you for being a Bucks member, and a valuable part of our eBay community. We’re reaching out to tell you about upcoming changes to the eBay Bucks program. After careful consideration, we’ve decided to retire the 1% earnings reward on everyday purchases starting April 1st, 2021. The good news is, you will continue to receive bonus Bucks offers, so you can keep earning. And, beginning April 1st, the Bucks you earn will have a 12-month redemption window, so there’s even more time to score those big savings. You can also earn extra rewards through the eBay Mastercard®, earning up to 5x points on eBay purchases.‡ Now through March 11th, 2021, open a new eBay Mastercard, spend $250 in the first 30 days and receive a $50 statement credit.* Click here to learn more. We hope you will continue to enjoy savings and deals on the brands you love. Plus, all the exciting finds you’ve come to expect on eBay: from the rare to the retro to the right now. Sincerely, The eBay Bucks Team |
Yup, just got the email.
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So in other words, another big FU to the consumer. What else is new.
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And PSA raised their prices by a lot today. What a day for the hobby.
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I had no clue there was some 1% rebate on everyday purchases, and just received the special bonus offers. Doesn't seem to change that much for me. And I like the 12 month window to use them, so I don't need to rush buy something to keep them from expiring next month.
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It added up to a bonus for me, depending of course on how active I was. It was nice to get that "free" $100+ purchase every three months....though they've been much smaller than that over the past year. Can't remember the last "bonus bucks" offer I received...and the last few tended to come when there's nothing of interest to buy.
It seems they've done away with their coupons too. |
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Thank goodness for Leon and BST!!
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I got that email as well. It seems they've been cutting the program for a while. I can remember when it was 2% then they cut it to 1%, and it seems like I haven't gotten an offer or promotion from them in a while, though that may just be me.
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eBay blows.
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Another big FU to us all. Part of the process involved in deciding whether or not to buy a card with the prices escalating daily was, "Hell, at least I'll get some ebay bucks out of the deal." And POOF!!! away it goes...
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I'm surprised it took them this long. Talk about a quick revenue boost: maybe a move in advance of the 'old' normal returning?
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I always looked forward to spending my bucks on an extra card purchase! Guess it doesn’t really surprise me much. Next they will be charging buyers fees as well.
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Business is strong!
They don't believe they need the buyer incentive - and shirt term at least they are probably right. I predict at some point if/when sales slow, bucks or some similar program will be back.
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I’m gonna miss those 8-10% days. I would buy cards in my watchlist left and right. It was a great insensitive.
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Most of the larger reward periods typically fall Monday through Thursdays , I am guessing to drive added traffic/purchases to the site. |
There is also something else annoyingly 'new.'
It seems after I do one of my saved searches with "Time: newest listed" to see the stuff I haven't viewed yet, if I dare continue the search by, say, changing 1972 to 1973, that 'new' search now defaults to the ridiculous "Best Match." It's obviously not that big a deal, but why frickin' change it, ebay?? So you can shove the stupid, most expensive options down my throat??????!!!!! Those aren't the best matches for anything I'm searching for. I want "newest listed"!!!!!!!!!!!!!!!! Rant over. |
It’s a bummer. I remember maxing out 3-4 accounts with all the promotions they use to have. It was a nice chunk of change every three month. They went from 2% to 1% and eliminated almost all the 8-10% buck days.
When getting a 8-10% eBay bucks email I would go crazy with auctions just because of it. Be frugal gives 2% a lot and it works / definitely worth checking out. |
Save 5%
If you have a Target Red credit card you can buy eBay gift cards in store or Email Delivery cards online and save 5%. There are some limits on how many you can use per transaction or quarter.
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And just like that....5% eBay bucks effective today. Enjoy it while you can.
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Brian |
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