Whether you’re an Ebay aficionado or not, there are many reasons how you can benefit from having an Ebay card. Ebay is still one of the top e-commerce platforms there are today, and there are plenty of things you can get from Ebay that you just can’t get anywhere else. The MasterCard itself has plenty of features and benefits that you might find attractive enough to get you to shop on Ebay—if you don’t already do. If it’s something that you’ve been contemplating, we’ve listed here 10 benefits that you’ll enjoy when you have an Ebay Credit Card.
This is something that’s been around for a while now. Since it first came out, the Ebay Mastercard credit card has always provided consumers with a $30 statement credit upon sign up. It might not be much for some people, but free money is free money any way you look at it. You’ll get this $30 as soon as you make your first purchase.
The bank that issues the Ebay Mastercard is Synchrony Bank. With this bank, you’re guaranteed great rates, benefits, and security features as well. This is the same bank that issues other retail credit cards such as the Gap, the Amazon credit card, and plenty of other credit cards from various labels.
Rewards part 1
You’ll earn 3 points for every dollar you spend on restaurants and gas. This means that you can swipe your Mastercard when you eat out or whenever you get gas from standalone gas stations and get the maximum number of points towards your rewards. If you’re the type who likes to travel or eat out a lot, this will be a huge benefit for you.
Rewards part 2
If you use Ebay regularly, you’ll profit tremendously from this next benefit. Every time you make a purchase on Ebay using your Mastercard, you get 2 points for every dollar you spend. That can easily add up depending on how often you use your card for purchases. If you’re the type who likes to buy little things or make big purchases on Ebay, you’ll enjoy this feature the most.
Rewards part 3
As far as rewards are concerned, you’ll also get rewarded with 1 point for every dollar you spend anywhere else. It doesn’t matter where or when you swipe your card; you’ll know that you’re at least getting a point for every dollar. Cardholders can accumulate an annual point amount for 50k. It’s an impressive number for a simple card.
All those points can be redeemed in many different ways. You can use your points towards plane tickets, a hotel stay close by or far away, or even a car rental. You can also use your points towards vacation packages. Our favorite is the ability you have to put in your points towards your PayPal credit, which is basically just as good as cash.
From time to time, the card will feature special financial promotions that will allow you to not deal with interest for a set number of months—usually 12 months or 18 months. This deferred interest financing can be attractive for many consumers, but remember that your card balance has to be paid in full before the promo period.
Foreign transaction fee
While you might not think that this is not a benefit, you should rethink your strategy again. Traveling in other countries can be expensive already. This foreign transaction fee will make you think twice before swiping your card excessively while you’re traveling.
No annual fee
Besides all these rewards, you can also enjoy the benefit of not having to deal with any annual fees. This alone is a great feature, considering that many rewards cards out there has at least a $35 annual fee. The Ebay Mastercard will never charge you anything apart from what you’re spending.
Find out right away if you qualify for this card. You can apply for this card online and immediately see if you have the card or not. Once you’ve been approved instantly, you can just wait online to for your results. As long as you have good credit, your chances of getting the Ebay credit card are fairly high.
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Written by Garrett Parker
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