5x on Ebay Dying or Dead?
Over the past couple of months I have written quite a lot about gift card deals on eBay through both Paypal Digital Gifts and GiftCardMall. For some reason many of these purchases have been earning 5x Ultimate Rewards points with the Chase Ink. (See: Get 5x at eBay All Day!)
A few weeks ago I started to hear about some issues with purchases. Many people reported that purchases through GiftCardMall were no longer earning 5x and then during the last sale a few days ago people started reporting that purchases were showing as cash advances.
Within the past few days I have made purchases through both Paypal Digital Gifts and GiftCardMall on eBay. Here is what is happening:
As you can see, the purchase from GiftCardMall for $24 is coded as “Finance & Other” while the Paypal Digital Gifts purchase is coded as “Utilities”. Now lets look at how these purchases are earning points.
As expected based on the previous results, the GiftCardMall transaction coded as a purchase and not a cash advance, but only earned 1x. On the flip side, the Paypal Digital Gifts transaction earned the full 5x just like before.
Cash Advance Fees
Several commenters said their purchase the other day through GiftCardMall would not go through since they had their cash advance limits set to $0. As I have shown, I was not charged a cash advance fee on my purchase, although it only earned 1x. With that said, at least one commenter has said he was charged a cash advance fee, so keep that in mind when making future purchases from GiftCardMall.
It is sad that GiftCardMall purchases are no longer earning 5x Ultimate Rewards points, but at least we know Paypal Digital Gifts purchases are for the time being. With all of the cash advance issues, I will be steering clear of GiftCardMall eBay purchases.
My new plan is to purchase eBay gift cards through Paypal Digital Gifts that can then be used to buy discounted gift cards during sales from GiftCardMall! A bit more complicated but 5x is 5x!