eBay Mastercard Review: Cashback & Rewards

To apply for the eBay Mastercard, follow these steps:

1. Visit ebay.com and click “Sign in” in the top left corner of the page.

2. Enter your login information or create a new account if you don’t have one.

3. Go to the eBay Mastercard page and click “Apply Now.”

4. Fill out the application form with your personal information, including your full name, address, and Social Security number.

5. Submit the application and wait for a decision.

I’m afraid you’ll have to slam those brakes if you have a low or non-existent credit score. The eBay Mastercard requires a score of at least 630, so be sure to check your credit or boost your score before applying.

The eBay Mastercard won’t slap you with an annual fee, which is music to the ears of anyone who hates extra expenses.

The average annual fee for a credit card can reach $110. By avoiding that charge, you’ll have more cash in your pocket for that rainbow-colored pot to keep your plant happy.

The eBay Mastercard offers a generous rewards program that lets you earn points on your purchases.

Let’s break it down for you:

• Earn 3x points for every $1 spent on eBay in a year.

• Earn 2x points per $1 spent on gas, restaurant, and groceries.

• Earn 1x points for every $1 spent on all other Mastercard purchases.

• Earn 5x points for the rest of the year after spending $1,000 on eBay in a single year.

How can you use these points?

Every 1,500 reward points are worth $10, which you can use to purchase from eBay (and only eBay).

But just a heads up—Reward Points expire in 24 months if they’re not used within that time frame, so don’t wait too long.

Also, if you make a return, it can take up to two billing cycles for the value of the Reward Points to be credited back to your account.

For avid eBay users, the rewards program could definitely be worth your time and cash—but if you don’t spend enough in a single year, you’ll be left with a handful of points heading in one direction: expiration.

The eBay Mastercard comes with a range of extra benefits, including global services, travel perks, and identity theft protection.

If you lose your card or it gets stolen, you can give Mastercard a call, day or night.

They’ll cancel your account and take care of you with an Emergency Card Replacement. And you won’t be without your card for too long as it should arrive the next day.

You can also rest easy knowing your identity is in safe hands with Mastercard’s Identity Theft Protection, which includes:

• Monthly Risk Alerts.

• Identity Monitoring.

• Online Monitoring Dashboard.

• Single Bureau Credit Monitoring.

The eBay Mastercard may be great for rewards, but it comes with a big downside—a high variable APR.

With rates ranging from 24.74% to 31.74% (depending on your creditworthiness), carrying a balance can cause your wallet to take a hit.

And to put those figures into perspective: The average APR for credit cards is around 24.14%, so you’ll be forking out much more than standard cards if you let your interest build up.

Looking for a card with a 0% intro APR? Sorry to burst your bubble, but the eBay Mastercard isn’t it.

With this card, you’ll start building up interest from the moment you make a purchase. So if you’re thinking of carrying a balance for a while, be prepared to pay the piper with interest charges.

If you’ve made it this far, I’m guessing you’re probably an eBay fan. If that’s the case, only being able to redeem your points for eBay purchases might not be so bad.

However, if you prefer more freedom with your spending, you might find yourself trapped in a box.

Despite using the card anywhere to earn points, you can only use those points to buy items from eBay. That means you can’t convert points into cash, crypto, or whatever floats your boat.

To get your hands on an eBay Mastercard, you’ll need to have good credit. If your credit score is less than stellar, they might not approve you.

Although eBay isn’t the most transparent about its credit score requirements, you’ll have a better chance of getting approved with a score of 630 or higher.

When you apply, eBay will also do a hard inquiry into your credit report, which can temporarily hurt your score. So make sure your credit is up to par before you send off your application.

Follow our credit-building tips to boost your chances of approval.

The minimum recommended credit score for the eBay card is at least 630. So it's typically designed for those with fair to excellent credit (580–850). As your credit score represents your creditworthiness, you have a better chance of getting accepted with a higher score.

But credit scores aren’t the only factor issuers consider—your income, debt-to-income ratio, and credit history can all play a role too.

And even if you meet the credit score requirements, there’s still no guarantee of approval.

So before you apply, do your homework and check your credit score for free with sites like Credit Karma.

If your score is lower than 580, it’s not game over—there are steps you can take to improve your credit, like paying down debt or making on-time payments.

Every time you purchase on eBay, you’ll earn points based on the amount you spend.

You can earn 5x points per dollar spent on eBay purchases, which can quickly build up if you’re a regular eBay shopper.

For example, if you spend $100 on eBay, you’ll earn 500 points. Once you’ve reached 1500 points, you can redeem it for $10 when you checkout.

That means you’ll need to spend at least $3,000 to get $100 at checkout—and you’ll need to do it in a year before your points expire. You’ll earn more than 3% back on your spending.

That’s a hefty amount—but if you’re already spending that much, it could be worth signing up. Just don’t fall into the trap of buying things you don’t need to get those extra points.

To earn eBay cashback and rewards, you’ll need to use the eBay Mastercard to make purchases on eBay.com and at other retailers.

Here’s how it works:

• 5x rewards: You’ll earn 5x rewards points for every dollar spent on eBay.com. For example, if you spend $100 on eBay, you’ll earn 500 points.

• 3x rewards: Earn 3x rewards points for every dollar spent on gas, dining, and groceries.

• 1x rewards: You’ll earn 1x rewards points for every dollar spent on all other purchases.

Once you hit 1,500 points, you can redeem them for $10 at checkout.

Just be aware that some purchases might not be eligible for rewards if they’re from a non-participating seller. Always check the fine print.

And while you’re at it, remember to pay off your balance in full each month to avoid those pesky interest charges. The aim is to earn extra cash, not lose it.

Whether you’ve got a bone to pick or just need some help, here’s all the contact information for the eBay Mastercard:

Customer Service is available 24/7, so you can call anytime on 1-844-435-0237.

And if talking on the phone strikes you with fear, you can sign in and chat with a live representative from 9:00 AM–9:30 PM EST, seven days a week.

Just make sure you have your account information handy, as well as any questions or issues you might have. It’ll help speed things up.

And you might need to come equipped with some patience too. In 2021, a J.D. Power study, ranked Synchrony Bank ninth out of eleven for customer satisfaction, with a score below average.

Making eBay credit card payments is easy.

Here’s how you can do it:

• Online: Log in to your eBay Mastercard account and select the “Payments” tab. You can then make a one-time payment or set up recurring payments.

• Phone: Call the phone number listed on the back of your card to make a payment over the phone. Be sure to have your account information ready.

• Mail: You can also make a payment by sending a check or money order to the address listed on your billing statement.

Make those payments on time and in full each month to avoid the dreaded extra charges. Not only will this boost your credit score, but it’ll also give you peace of mind. And if you’re the forgetful type, just set up automatic payments to make sure you never miss a beat.

If you need help managing your finances, try out our free monthly budget tracker.