eBay Mastercard is a credit card that can be used to earn reward points by users, these reward points can further be redeemed through eBay purchases. The credit score requirement for an eBay Mastercard is 700. All such credit cards need to have Credit bureaus who track the history of a card and generate credit scores and reports.
Earning Points
By now it must be clear to you that eBay Mastercard is a great way to earn pots that can be redeemed during future purchases. But the question remains, how do you earn points? The answer is by making purchases on eBay. Every time you spend $1 on eBay you earn 3 reward points and when you spend more than $1,000 in one calendar year you earn 5 points for every dollar you spend. Once your card is activated you will be able to see eBay Mastercard as a payment option while checking out of eBay, use this as your payment option and the points that you earn will be directly transferred to your account.
How To Get Approved For eBay Mastercard?
Knowing what your credit score is and what is on your credit report are two of the most important things when looking to get approved for a credit card. Really good credit is required for most credit card offers. A good amount of planning is required to get approved by eBay Mastercard. One of the signs that shows that you might not be able to pay the credit card issuer back is if too much of your existing revolving credit is being used. Making sure that you haven’t been issued for a lot of credit in the recent past is a must. Too many credit inquiries can easily decrease your chances of getting approved. A strong history, low credit utilization, and a steady income are what credit card issuers like to see.
Privacy
Before knowing about the privacy of your data at eBay let’s know how eBay collects and uses your data. The online auction website needs to use big data for numerous functions which include fraud detection and gauging the site’s performance. Using this information to make the users buy more goods on the site is one of the ways this company utilizes the plethora of data that they collect. Your personal information is required by eBay so that you can receive your payouts, hence the information that you provide also needs to be correct and up to date. If your email address, postal address, phone number, or any other details have been changed it is a must to update the same in your eBay account. The company protects your personal information by allowing only limited access to users’ financial, contact, and shipping information which is necessary to collect payments and facilitate your transactions.
Conclusion
The credit bureau used by eBay Mastercard is Synchrony Bank which is a finance company that provides money-related services to its customers. The benefit of using the eBay Mastercard is that you earn reward points with every purchase you make. A vital aspect to take into consideration while applying for an eBay Mastercard is that you need to have a good credit score and report. Having too much of your existing revolving credit in use could stop you from getting approved for the card. eBay uses the data that it receives from its users for fraud detection and gauging the site’s performance, the data that you provide is protected by the company by only allowing limited access to users’ financial, contact and shipping information. Hence, in conclusion, eBay Mastercard is a safe and secure way to shop and earn rewards while doing so. What is the eBay Mastercard credit limit? Synchrony Bank determines the limit on your credit card, this can be checked on your account on the eBay Mastercard website. How to apply for eBay Mastercard? You can visit the eBay Mastercard website and select apply now to apply for an eBay Mastercard. What kind of protection does eBay Mastercard provide? The eBay Mastercard uses EMV chip technology which makes shopping even more secure for you at chip-enabled terminals. You are also provided with ID theft affidavit assistance, credit card replacement, and ID theft alert, all these services are given to you for no cost of your own. Can cash be accessed with an eBay Mastercard? Yes, cash can be accessed using your eBay Mastercard, you can do this by requesting a Personal Identification Number(PIN) which can be used to get cash out of ATMs nationwide.
