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eBay bucks bonus 5% 8.27.19-8.29.19

U1chicagoU1chicago Posts: 6,394 ✭✭✭✭✭

It’s eBay bucks time again.
Only 5% this time, a number I don’t recall seeing before...better than the normal 1% though.

Comments

  • coinpalicecoinpalice Posts: 2,453 ✭✭✭✭✭

    that won't offset the sales tax :s

  • KliaoKliao Posts: 5,629 ✭✭✭✭✭

    Awww didn’t get this one. I also never seen the 5%

    Collector
    87 Positive BST transactions buying and selling with 53 members and counting!
    instagram.com/klnumismatics

  • coinpalicecoinpalice Posts: 2,453 ✭✭✭✭✭

    I have seen a 6 percent, 8 percent, 10 percent, 13 percent once and a 15 percent once, but not a 5 percent

  • U1chicagoU1chicago Posts: 6,394 ✭✭✭✭✭
    edited August 27, 2019 7:38AM

    @coinpalice said:
    I have seen a 6 percent, 8 percent, 10 percent, 13 percent once and a 15 percent once, but not a 5 percent

    I also recall a 16% a few years back that excluded the coins category as well as a 2% and 4%. The 2% was for March 2019 and lasted for the month (it was some sort of special that doubled the regular 1%).

    https://forums.collectors.com/discussion/1015538/2-ebay-bucks-for-the-rest-of-march

    And the 16% from 2016:
    https://forums.collectors.com/discussion/960956/16-ebay-bucks-with-a-catch

  • coinpalicecoinpalice Posts: 2,453 ✭✭✭✭✭

    yeah, I remember the 2 percent now. it was the regular rate for years until they dropped it to 1 percent

  • coinpalicecoinpalice Posts: 2,453 ✭✭✭✭✭

    I haven't seen a 10 percent or 15 percent off everything in several months. they usually had one of those every 6 weeks or so

  • U1chicagoU1chicago Posts: 6,394 ✭✭✭✭✭

    @coinpalice said:
    I haven't seen a 10 percent or 15 percent off everything in several months. they usually had one of those every 6 weeks or so

    Do you mean one of the coupons?
    Those were very nice as you got the discount right away. I don’t think those are very sustainable as eBay must lose on them. I’m guessing we might not see them much in the future unless eBay gets desperate (I thought there might be one during Prime Day so that eBay could one-up Amazon, but it didn’t happen).

  • coinpalicecoinpalice Posts: 2,453 ✭✭✭✭✭

    yeah, your right, it might of been to costly for them. guessing if one does roll around, it will be during the holidays at the end of year

  • tincuptincup Posts: 5,298 ✭✭✭✭✭

    Got the offer... but after having that 10% last time, 5% seems rather ho-hum... but like said earlier, it is better than 1%.

    ----- kj
  • MWallaceMWallace Posts: 4,300 ✭✭✭✭✭
  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭

    As usual I bought a coin this morning no bonus for me.

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    Ebay would do better cutting the buck promos to zero and dropping the fees to 3%.

    Folks could get back to doing business on the once great site.

  • blitzdudeblitzdude Posts: 6,347 ✭✭✭✭✭

    All day I thought bonus was only for bbq grills so I ignored it. lol thanks for heads up.

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™

  • U1chicagoU1chicago Posts: 6,394 ✭✭✭✭✭

    @Coinstartled said:
    Ebay would do better cutting the buck promos to zero and dropping the fees to 3%.

    Folks could get back to doing business on the once great site.

    The eBay bucks and especially the bonus periods certainly do create some issues. A portion of people have been trained to hold off purchasing until a bonus offer is active (why would one purchase an item now-at least for most of the common stuff-when they can get an extra incentive by waiting).

    By lowering selling fees, prices can be lowered across the board and purchases wouldn’t be as sporadic.

    The issue is that it’s hard to take away an incentive once it’s firmly established. At this point if eBay canceled the bucks program in order to lower fees, it would likely cause more buyers to leave and overall sales would go down.

  • giorgio11giorgio11 Posts: 3,934 ✭✭✭✭✭

    I'm looking at a gold coin slightly over a grand. Since the offer is apparently good up to $100 at 5%, does anyone know if I buy a second gold coin (probably from a different seller), do I get more eBucks (I know it's not good on bullion)?

    VDBCoins.com Our Registry Sets Many successful BSTs; pls ask.
  • jmlanzafjmlanzaf Posts: 35,583 ✭✭✭✭✭

    @giorgio11 said:
    I'm looking at a gold coin slightly over a grand. Since the offer is apparently good up to $100 at 5%, does anyone know if I buy a second gold coin (probably from a different seller), do I get more eBucks (I know it's not good on bullion)?

    You can get up to $100 per transaction, up to $500 per quarter. As long as you aren't over the $500 limit, you will get more eBucks.

  • jmlanzafjmlanzaf Posts: 35,583 ✭✭✭✭✭

    @coinpalice said:
    I haven't seen a 10 percent or 15 percent off everything in several months. they usually had one of those every 6 weeks or so

    I've had two 10 percent ones in the last 6 weeks.

  • U1chicagoU1chicago Posts: 6,394 ✭✭✭✭✭

    @giorgio11 said:
    I'm looking at a gold coin slightly over a grand. Since the offer is apparently good up to $100 at 5%, does anyone know if I buy a second gold coin (probably from a different seller), do I get more eBucks (I know it's not good on bullion)?

    These are the only restrictions:
    “Rewards are capped at $100 per transaction and $500 per Earn Period.”

    So you could buy coins from multiple sellers in multiple transactions and get up to $100 each time until you reach $500 for the quarter.

  • U1chicagoU1chicago Posts: 6,394 ✭✭✭✭✭

    @jmlanzaf said:

    @coinpalice said:
    I haven't seen a 10 percent or 15 percent off everything in several months. they usually had one of those every 6 weeks or so

    I've had two 10 percent ones in the last 6 weeks.

    I believe that was a reference to the coupons and not eBay bucks bonus amounts.

  • savitalesavitale Posts: 1,409 ✭✭✭✭✭

    I found a coin I wanted and coincidentally got the eBay bucks offer. Now I need to find a way to spend $55 in eBay bucks. Maybe I can find a way to turn it into cash.

  • BarndogBarndog Posts: 20,509 ✭✭✭✭✭

    Missed out on offers for a few months straight now :(

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭
    edited August 27, 2019 11:08PM

    @U1chicago
    Thank you for the heads up .... a few things waiting in the cart for my MOM <3

  • U1chicagoU1chicago Posts: 6,394 ✭✭✭✭✭

    @savitale said:
    I found a coin I wanted and coincidentally got the eBay bucks offer. Now I need to find a way to spend $55 in eBay bucks. Maybe I can find a way to turn it into cash.

    Usually buying bullion with the eBay bucks and selling it is your best bet to quickly cash out (and you can buy bullion with the bucks, you just can’t earn bucks on it).

    Or find something that you would buy anyways (maybe household items/stamps/etc...) to spend the bucks on.

  • Aspie_RoccoAspie_Rocco Posts: 3,295 ✭✭✭✭✭

    @savitale said:
    I found a coin I wanted and coincidentally got the eBay bucks offer. Now I need to find a way to spend $55 in eBay bucks. Maybe I can find a way to turn it into cash.

    If inclined you could open a second eBay and second Paypal account, and “buy” something from yourself. This scenario is usually a 14% loss of ebucks however, you get the cash with minimal time involved, and instant-one day transfers.
    I like to use the ebucks to buy silver below melt.

  • U1chicagoU1chicago Posts: 6,394 ✭✭✭✭✭

    @Aspie_Rocco said:

    @savitale said:
    I found a coin I wanted and coincidentally got the eBay bucks offer. Now I need to find a way to spend $55 in eBay bucks. Maybe I can find a way to turn it into cash.

    If inclined you could open a second eBay and second Paypal account, and “buy” something from yourself. This scenario is usually a 14% loss of ebucks however, you get the cash with minimal time involved, and instant-one day transfers.
    I like to use the ebucks to buy silver below melt.

    I’d probably advise against that as it could cause both accounts to be shut down. While I haven’t seen the exact policy, that scenario seems to mirror shill bidding. eBay might see it as you artificially messing with sale prices and/or abusing the eBay bucks program.

  • TurboSnailTurboSnail Posts: 1,668 ✭✭✭✭✭
    edited August 28, 2019 7:29AM

    @coinpalice said:
    that won't offset the sales tax :s

    I feel your pain.

  • maplemanmapleman Posts: 1,052 ✭✭✭✭✭

    Got it. Probably wont use it.

  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    I am pacing myself this quarter as I usually reach $500 in two months. Currently, I am at $280. Should be easy to do last of the $500 in the last month.

  • jmlanzafjmlanzaf Posts: 35,583 ✭✭✭✭✭

    @U1chicago said:

    @Aspie_Rocco said:

    @savitale said:
    I found a coin I wanted and coincidentally got the eBay bucks offer. Now I need to find a way to spend $55 in eBay bucks. Maybe I can find a way to turn it into cash.

    If inclined you could open a second eBay and second Paypal account, and “buy” something from yourself. This scenario is usually a 14% loss of ebucks however, you get the cash with minimal time involved, and instant-one day transfers.
    I like to use the ebucks to buy silver below melt.

    I’d probably advise against that as it could cause both accounts to be shut down. While I haven’t seen the exact policy, that scenario seems to mirror shill bidding. eBay might see it as you artificially messing with sale prices and/or abusing the eBay bucks program.

    I don't think shill bidding would be the problem with a BIN. But, it might definitely make eBay take notice.

  • U1chicagoU1chicago Posts: 6,394 ✭✭✭✭✭

    @jmlanzaf said:

    @U1chicago said:

    @Aspie_Rocco said:

    @savitale said:
    I found a coin I wanted and coincidentally got the eBay bucks offer. Now I need to find a way to spend $55 in eBay bucks. Maybe I can find a way to turn it into cash.

    If inclined you could open a second eBay and second Paypal account, and “buy” something from yourself. This scenario is usually a 14% loss of ebucks however, you get the cash with minimal time involved, and instant-one day transfers.
    I like to use the ebucks to buy silver below melt.

    I’d probably advise against that as it could cause both accounts to be shut down. While I haven’t seen the exact policy, that scenario seems to mirror shill bidding. eBay might see it as you artificially messing with sale prices and/or abusing the eBay bucks program.

    I don't think shill bidding would be the problem with a BIN. But, it might definitely make eBay take notice.

    And that’s why I called it something that “seems to mirror shill bidding” ...it can be the buy-it-now version where someone artificially manipulates sales (for example listing an item that hasn’t sold recently, buying it for an inflated price, and then offering a similar one later for a slightly lower price).

  • jmlanzafjmlanzaf Posts: 35,583 ✭✭✭✭✭
    edited August 28, 2019 10:33AM

    @U1cay might see it as you artificially messing with sale prices and/or abusing the eBay bucks program.

    I don't think shill bidding would be the problem with a BIN. But, it might definitely make eBay take notice.

    And that’s why I called it something that “seems to mirror shill bidding” ...it can be the buy-it-now version where someone artificially manipulates sales (for example listing an item that hasn’t sold recently, buying it for an inflated price, and then offering a similar one later for a slightly lower price).

    Could be. I've always been suspicious of some of those eBay "sales".

    Easiest thing would be to find a friend and do a fake purchase from them.

    On a separate note, I always wondered if anyone on this board was doing that with a friend and a fake coin. Imagine I list a fake $1000 coin.

    You get a 10% eBay buck's offer and have a 2% credit card.
    You buy the $1000 coin.

    At the same time, you list a fake $1000 coin and I buy it from you.

    We do this 5 times to get our maximum $500 in eBay bucks.

    We then each send the other one an empty envelope (cost $3.50 tops)

    Next time there's an eBay offer, we do the same thing with a $500 coin but use the bucks to pay.

    The cost to each of us is approximately $455 on the first transaction (assuming a store 9% fees + 5 $0.30 PayPal fees + $3.50 shipping) which means we each have a "free" $45 in eBay bucks ($500-455) but also $100 in cold hard cash from the CC cashback.

    In the next quarter, we get another 10% offer. We then sell each other a fake $500 coin. The fees on this are going to be about $49, including the empty envelope. But we're going to get $50 in eBay bucks! That leaves us a net +$46 each on eBay [We got $500 each - $455-$49 +$50], but we got $100 in CC cashback so we each made a net $146 profit [$100 cash and $46 in eBay bucks!] for shipping a couple empty envelopes!

    Not the best scam ever, but I've had worse coin deals.

  • U1chicagoU1chicago Posts: 6,394 ✭✭✭✭✭
    edited August 28, 2019 11:25AM

    @jmlanzaf said:

    @U1cay might see it as you artificially messing with sale prices and/or abusing the eBay bucks program.

    I don't think shill bidding would be the problem with a BIN. But, it might definitely make eBay take notice.

    And that’s why I called it something that “seems to mirror shill bidding” ...it can be the buy-it-now version where someone artificially manipulates sales (for example listing an item that hasn’t sold recently, buying it for an inflated price, and then offering a similar one later for a slightly lower price).

    Could be. I've always been suspicious of some of those eBay "sales".

    Easiest thing would be to find a friend and do a fake purchase from them.

    On a separate note, I always wondered if anyone on this board was doing that with a friend and a fake coin. Imagine I list a fake $1000 coin.

    You get a 10% eBay buck's offer and have a 2% credit card.
    You buy the $1000 coin.

    At the same time, you list a fake $1000 coin and I buy it from you.

    We do this 5 times to get our maximum $500 in eBay bucks.

    We then each send the other one an empty envelope (cost $3.50 tops)

    Next time there's an eBay offer, we do the same thing with a $500 coin but use the bucks to pay.

    The cost to each of us is approximately $455 on the first transaction (assuming a store 9% fees + 5 $0.30 PayPal fees + $3.50 shipping) which means we each have a "free" $45 in eBay bucks ($500-455) but also $100 in cold hard cash from the CC cashback.

    In the next quarter, we get another 10% offer. We then sell each other a fake $500 coin. The fees on this are going to be about $49, including the empty envelope. But we're going to get $50 in eBay bucks! That leaves us a net +$46 each on eBay [We got $500 each - $455-$49 +$50], but we got $100 in CC cashback so we each made a net $146 profit [$100 cash and $46 in eBay bucks!] for shipping a couple empty envelopes!

    Not the best scam ever, but I've had worse coin deals.

    I’ve wondered about that too. Even better are the times when eBay had the 15% off coupon. Then the two people would not even have to wait for the eBay bucks to become available (the “profit” would be there right after the purchase).

    And they wouldn’t even need to spend money on shipping. If it’s a throwaway account, each person can just mark the item shipped and then give each other positive feedback a week later (it would hurt seller scores, but that wouldn’t matter for such accounts).

    In the end, it’s not something I would do and I doubt it’s common, but someone has likely tried it.

  • tincuptincup Posts: 5,298 ✭✭✭✭✭

    Yeah, sure... you can game the system to try to get those ebay bucks. But eventually ebay will wise up to it... and likely bam your accounts. Worse... they may shut down the ebucks for all the rest of us because of the abuse.

    ----- kj
  • jmlanzafjmlanzaf Posts: 35,583 ✭✭✭✭✭

    @tincup said:
    Yeah, sure... you can game the system to try to get those ebay bucks. But eventually ebay will wise up to it... and likely bam your accounts. Worse... they may shut down the ebucks for all the rest of us because of the abuse.

    I'm not advocating, just wondering if anyone did it.

    You would have to have widespread fraud for them to shut the system down. They know some of it's going on but no one cares as long as the benefit outweighs the costs.

    The whole scheme is not much different than what I do completely legitimately. I take my eBay bucks and buy bullion. I sell it at a small loss and just pocket the bucks to buy more bullion. It's not really enticing me to buy anything. And since I'm buying bullion from one of their favorite sons, they aren't getting nearly enough eBay fees to cover the bucks.

  • HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    They do say you can have more than one account.

    Pretty sure they have the capability to reverse IP trace.

    Rolling VPNs maybe an issue along with other technology.

    Who knows? Need to check court documents...

  • jmlanzafjmlanzaf Posts: 35,583 ✭✭✭✭✭

    @Hemispherical said:
    They do say you can have more than one account.

    Pretty sure they have the capability to reverse IP trace.

    Rolling VPNs maybe an issue along with other technology.

    Who knows? Need to check court documents...

    They say you can have more than one account but you're not supposed to have more than one ebay bucks account

  • blitzdudeblitzdude Posts: 6,347 ✭✭✭✭✭

    @Aspie_Rocco said:

    @savitale said:
    I found a coin I wanted and coincidentally got the eBay bucks offer. Now I need to find a way to spend $55 in eBay bucks. Maybe I can find a way to turn it into cash.

    If inclined you could open a second eBay and second Paypal account, and “buy” something from yourself. This scenario is usually a 14% loss of ebucks however, you get the cash with minimal time involved, and instant-one day transfers.
    I like to use the ebucks to buy silver below melt.

    Trying to understand why I would use 2 accounts to lose 14% in ebay bucks when I can just buy with 1 account and gain 10% in ebay bucks or I guess in the case of today 5%?

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™

  • jmlanzafjmlanzaf Posts: 35,583 ✭✭✭✭✭

    @blitzdude said:

    @Aspie_Rocco said:

    @savitale said:
    I found a coin I wanted and coincidentally got the eBay bucks offer. Now I need to find a way to spend $55 in eBay bucks. Maybe I can find a way to turn it into cash.

    If inclined you could open a second eBay and second Paypal account, and “buy” something from yourself. This scenario is usually a 14% loss of ebucks however, you get the cash with minimal time involved, and instant-one day transfers.
    I like to use the ebucks to buy silver below melt.

    Trying to understand why I would use 2 accounts to lose 14% in ebay bucks when I can just buy with 1 account and gain 10% in ebay bucks or I guess in the case of today 5%?

    Because you get CASH instead of having to buy something. If you want the cash, that's the play

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