Deal has ended, view more credit card bonuses by clicking here.
The Offer
- Open an eBay Mastercard and earn a $150 bonus statement credit when you spend $500 or more within 30 days of account opening.
Offer ends August 21, 2020, at 11:59pm PT.
The Fine Print
- This offer applies to new eBay Mastercard accounts opened August 8, 2020 through August 21, 2020.
- Receive a $150 bonus statement credit when you spend $500 or more (minus any returns or adjustments during the promotional period) with your new eBay Mastercard within 30 days of account opening. Purchases must post to your account within 7 days after the 30 day offer period.
- Please allow up to 1-2 billing statement cycles after the promotional period ends for your statement credit to post to your eBay Mastercard account. Account must remain open, be in good standing and not become delinquent at the time the statement credit is applied.
- Offer is valid for newly opened eBay Mastercard accounts only and maximum of one statement credit can be earned per account. Valid August 8, 2020 at 5:00AM PT to August 21, 2020 at 11:59PM PT. Subject to credit approval. You must be at least 18 years old and reside in the US or its territories to apply.
Card Details
- Card earns at the following rates:
- 3x points on eBay purchases until you spend $1,000 on eBay in a calendar year, then the card earns 5x on eBay purchases
- 2x points on gas, restaurant, & groceries
- 1x points on all other purchases
- 1,500 points = $10 statement credit
- No annual fee
Our Verdict
Previously this was getting a $50 statement credit signup bonus with $150 spent on eBay; now it’s $150 statement credit with $500 spent. They just ran a similar offer last month, except then you needed the $500 spend on eBay whereas with this offer you can spend anywhere.
Some will find $150 cash signup bonus worthwhile, especially now that you can do the spend anywhere which makes it easier to deal with.
Hat tip to reader Matt K
Has any one received their 150 statement credit already? i havent and im sure i spent within the timeframe and a little over 500, actual spending.
I am in the same spot, and have not received the $150 credit yet either.
Got it!
listed as:
Ebay statement credit reward -150.00
They directly waived $150 from my balance. Although it didn’t show as credit transaction like any other spendings.
just got mine. it posted a statement credit when the statement was finally generated. My payment due date was the 17th and it just barely did a monthly statement at midnight.
Got my card in the mail today. In fact, they send 2 cards for some reason…they are duplicates, I guess they just want to make sure you have a backup. Gave me a $300 credit limit and when i applied for an increase to $500 credit limit, I was denied and told the reason would be sent in the mail. Pretty ludicrous, I have a good credit score and have never seen a limit this low before. Frankly, I kinda saw it as a manipulative business practice to not give me enough of a limit to meet their bonus terms.
After getting denied over the phone for the credit increase, I had the issue elevated to a supervisor who gave me a $50 statement credit for the inconvenience and informed me that I could still meet the requirements by maxxing out the card, paying it off, and then almost maxxing it out again.
VERY tedious process, but the cheapskate in me was sated by the $50 statement credit. 🙂
so you will get 150$ + 50$ ? 🙂
On top of that, I don’t have the full 30 days because it took 18 days for the card to arrive.
haha yep, funny how quickly that shifted my attitude
It has been a week since approval, which I presume if the account opening date, so at this point I’ll have 3 weeks at the most to earn the bonus, unless I go the eBay spending route (which they only told me about 6 days after approval, I believe).
Issuer says that the card will take 5 – 10 business days to arrive, so it could be 2 weeks or less to do the minimum.
Applied and approved on 8/9, still waiting for the card to arrive as of today.
I got a letter saying I was declined due to “high risk source of application”. I applied using the link from this website. I never got an alert of any credit inquiry.
same here… what does that mean?
They know they’d lose money with your app.
Their sign up offer is getting better with each period, I’m curious if $200/$500 is coming sooner than later. Gotta meet their fiscal quarter it seems.
Damn and I just brought a phone.
Otherwise I’d never normally spend that much money on anything.
Got an $8000 CL . But only $500 initial CL before the card arrives in the mail.
The card number was not given. So the initial $500 can only be used on ebay until it arrives.
Ebay does not accept split payments, so unless what you buy is exactly $500, it’s impossible to meet the spending requirement. If your shopping lists adds up to $500.01, no dice. This is really stupid on Synchrony’s part, IMO.
Instant approval temp CL $500 with a max of $800. Looks like the hard credit was from Trans.
Glad I got this one approved. Hope I get the card in the mail soon. I recently got Chase cards shutdown so not much to fear there. They sent me a text to verify identity then got immediately approved for an immediate $500 credit and total of $6000. I am way past the 5 / 24 so these bonuses make me “happy.” Thanks DOC!
Why was your Chase shut down?
too many recent inquiries & new credit accounts, that’s the only explanation i received
Why doesn’t the PayPal MC have a similar sign up bonus? Only $50 for $500 spend.
becuz this is Ebay now. PayPal and eBay are no longer together