eBay MasterCard, eBay is one of today’s largest online marketplaces.
Buyers can find everything from clothes to automobiles,
From music to holidays which be in this online store.
They can also pay with the eBay credit card for these purchases,
which is GE Capital Retail Bank’s MasterCard, and receive rewards for using it on
eBay and elsewhere.
See Also: discover with eHelper Team 9 ways to make money with eBay
eBay MasterCard
The eBay credit card often offers new account holders special offers It’s like getting money back on a first buy.
moreover, if you continue to make purchases, it will reward you with points. For instance, for every dollar spent on gas or restaurant purchases, you earn 3 points.
When you buy on eBay or pay through PayPal, you also earn 2 points for each dollar.
with all other purchases, one point is earned for each dollar.
If you’re using this card a lot, you can actually add up your points.
The APR on the eBay credit card for Account Type One is either 19.99% or 23.99% for Account Type two based on your credit value. The interest rate on the penalty is 29.99 %.
This means that if you pay late, Your interest rate may rise to a higher rate indefinitely.
Because of that paying on time is important.
and even set up automatic minimum amount payments to maintain the best interest rate.
with this eBay MasterCard, there is no annual fee.
Obtain credit card approval
To obtain credit card approval, you’re going to need at least a 600 credit score. this is a good option for people who want to rebuild their loans or those with a very small credit history.
to get approved for getting a card is a fairly easy way.
but if you’ve got a better score, You’re going to get the lower interest rate approved.
Determine the credit limit by Your credit history. with payments in good time, You can raise the limits.
The ability to earn additional points on some of your purchases that most commonly. for many people, this is a good option, such as dining out or buying gas.
In conclusion, To make the most of the card and the rewards. Don’t forget to pay off the balance each month and must it be in full.
See Also: discover with eHelper Team 9 ways to make money with eBay
What credit score do you need to get a eBay Mastercard?
The credit score needed for the eBay Mastercard is 700. This means that people with good credit or better have a shot at getting approved for the eBay Mastercard.
What is the minimum credit score for a Mastercard?
The minimum credit score for a Mastercard will vary depending on the issuer and the type of card. However, in general, you will need a credit score of at least 650 to be approved for a Mastercard.
Does eBay credit affect credit score?
Yes, using your eBay Mastercard and making your payments on time can help improve your credit score. This is because your credit history is a major factor in determining your credit score, and using a credit card responsibly can show lenders that you are a good risk.
What bank does eBay Mastercard use?
The eBay Mastercard is issued by Synchrony Bank. Synchrony Bank is a leading consumer financial services company that offers a variety of credit cards, loans, and other financial products.
Here are some additional details about the eBay Mastercard:
- It is a rewards credit card that earns points on all purchases.
- The points can be redeemed for statement credits, travel, merchandise, and more.
- The card has an annual fee of $95.
- It offers a welcome bonus of 10,000 points after you spend $500 in the first 3 months.
- The card has a purchase APR of 13.99% – 22.99%.
- It has a balance transfer APR of 13.99% – 22.99%.
- The card has a cash advance APR of 25.99%.
- The card offers foreign transaction fees of 3%.
Overall, the eBay Mastercard is a good option for people with good credit who are looking for a rewards credit card that offers a welcome bonus and points on all purchases. However, the card has an annual fee and high APRs, so it is important to consider these factors before applying.
