How Ebay Credit Card Works ?

By | August 11, 2014

Undoubtedly, Ebay is one of the most flourishing Internet businesses we have today. This company was founded in 1995 in San Jose, California and it is experiencing high earnings and revenues year after year.
Due to this success, it is only natural that some innovations are going to happen, and one of those is the conception of the Ebay credit card.

Ebay Credit Card Application.

For application, it is important to provide all the required information. A valid email is of utmost importance. In order to prevent the verification process, it is advisable not to submit a free email address such as Yahoo, Gmail, MSN, Hotmail and the likes. Use an ISP email address and Ebay will never ask for your credit card details.
For applicants outside of the United States, you should also submit a phone number so that Ebay can call you about a PIN that will verify your identity. You then need to enter the PIN on your account in order to get verified as an Ebay buyer. Credit card verification will not be necessary if you provide your correct phone number. Prior to your credit card application, it is important though that you know how the whole process works.

 

Ebay Credit Card Verification Process.
The verification process for Ebay credit card is a very important part because it allows the company to know who you are while also letting you prove that you are a real person that you say you are. Due to several fraudulent accounts being attempted to get registered on Ebay, it is only natural that the company will want to make sure that only genuine people will be making transactions with them. This process does not only protect the company, but everyone else who deals within the site; it prevents anyone from getting ripped off.

 

ebay credit card

 Credit Card Terminals.
Credit card terminals are machines used to debit the purchase amount from a credit or debit card account. These are devices that can be commonly seen at department stores, supermarkets, restaurants and other establishments.
When using  your new credit card for online purchases, there is no need to use a credit card terminal since there will be no physical contact between buyers and sellers. During the Check-out process, the buyer will simply allow the amount to be taken from the Ebay credit card.

Ebay Credit card Rewards.

Your Ebay credit card will let you earn rewards from Ebay. In order to be eligible to get rewards, you need a fair to excellent credit rating which is equal to 600+.
It is always good to earn rewards for the purchases that you made; for restaurant and gas purchases, you get 3 points, for PayPal merchants and Ebay purchases, you get 2 points and a point for every dollar on other purchases.To redeem your points, you need to earn rebates worth $50 first. That is a high threshold for rewards redemption, but once you meet this, you can immediately use your points for making purchases. Maximum points allowed per year are 50,000 points.

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