eBay Mastercard Credit Card Review

We publish unbiased reviews; our opinions are our own and are not influenced by payments we receive from our advertising partners. Learn about our independent review process and partners in our advertiser disclosure.

The eBay Mastercard credit card, issued by Synchrony Bank, is aimed at frequent eBay shoppers who want to earn rewards they can redeem toward future purchases on the platform. Although you also earn rewards on anything else you buy, the real draw of the card is the higher rewards earning rate you’ll get for things you buy on eBay with the card.

eBay Mastercard

Overall Rating
3.3
eBay Mastercard
Recommended Credit Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Poor - Excellent
Regular APR (%) 19.99% - 26.99% variable
Annual Fee $0
Rewards Earning Rate Earn 3X Points per $1 spent on eBay for the first $1,000 in annual spend, then 5x. Earn 2X Points per $1 spent on gas, restaurant, & groceries. Earn 1X Points per $1 spent on all other purchases.
Ratings Breakdown
for Interest
1.8
for Fees
3.2
for Rewards
2.6
for Credit
4.4

Who Is This Credit Card Best For?

  • Avatar for Deal Seeker Persona
    Diligently searches for the best products and delights in a good bargain See more cards
    Deal Seeker
  • Avatar for Family Shopper Persona
    Looks for good quality at a fair price while buying for the household See more cards
    Family Shopper
  • Avatar for Trendsetter Persona
    Loves being the first to try something new See more cards
    Trendsetter
  • Avatar for Brand Loyalist Persona
    Frequently shops with a particular merchant and wants to be rewarded for their loyalty See more cards
    Brand Loyalist

If you’re not an avid eBay shopper, this card is probably not for you. Besides the fact that you need an eBay account in order to apply for the card, your rewards points can only be redeemed on the platform, and the highest earnings rates are reserved for eBay purchases. Perhaps the best fit for the card would be someone who buys and sells on eBay as a side gig or hobby.

If you’re looking for more flexibility and better earnings potential in categories like gas stations, restaurants, and grocery stores, you can do better with a number of other cash back and rewards cards.

Pros
  • Good rewards on eBay purchases

Cons
  • Limited redemption options

  • Low point value

Pros Explained

  • Good rewards on eBay purchases: If you do a lot of shopping on eBay, the points can really add up, especially once you reach $1,000 for the year and the earnings rate bumps up from 3 points per $1 to 5 points per $1.

Cons Explained

  • Limited redemption options: You can only use your points toward future eBay purchases. Unlike some other cards, you can’t redeem for cash back or gift cards.
  • Low point value: Each point you earn is only worth 0.67 cents, according to The Balance’s valuation, which is less than the 1 cent per point you get with many other rewards cards.

Earning Points and Rewards

Earn 3 points for every $1 spent on the first $1,000 spent on eBay in a calendar year. After that, your earnings increase to 5 points per dollar for the remainder of the year. You’ll also get 2 points per $1 spent at gas stations, restaurants, and grocery stores, and 1 point on all other purchases.

International purchases on eBay and purchases not made in U.S. dollars will earn 1 point per $1 spent, and will not count toward the $1,000 threshold.

Redeeming Rewards

You may redeem your points for purchases and any related taxes and shipping fees on eBay. You can’t redeem points until you’ve earned 1,500. After that, you can apply your points in any amount during checkout—even for as little as 1 cent.

While the eBay rewards rates seem strong, keep in mind that every 1,500 points translates to $10 off of eBay purchases. That means each point is only worth 0.67 cents.

Say you spend $2,000 on eBay purchases for the year—that will earn you 8,000 points. If you spend another $2,000 on gas, dining, and groceries (the other bonus categories), that’s another 4,000 points. Altogether, your $4,000 spent would earn 12,000 points, worth $80, or 2% back.  

If you’re not an eBay fanatic, consider other cards that offer higher rewards on groceries, gas, or dining and may also have a redemption value of 1 cent per point or higher. Generally cards that aren’t affiliated with a brand usually have more flexible redemption options, too.

Reward points will expire in 24 months if you have have not redeemed them. Your points will also expire after 12 consecutive months of not using the card or if your eBay user account is closed.

How to Make the Most of the Card

For big eBay spenders, using this card for all transactions on the platform is the best way to earn points that can help you save on future purchases. The sooner you meet the $1,000 annual spending threshold, the sooner you will start earning 5 points per $1.

As you reach for that threshold, however, avoid carrying a balance month-to-month. The interest rates offered with this card range from just below average for all credit cards to nearly 7 percentage points higher than average, according to The Balance’s ongoing analysis of credit card interest rates

If you aren’t an eBay regular, you can almost certainly get better rewards on non-eBay spending by using a general cash back or rewards card. 

eBay Mastercard’s Other Features

  • Concierge for airport services

Customer Experience

Unfortunately, Synchrony Bank, this card’s issuer, does not get high marks for customer service. In fact, in the 2019 edition of J. D. Power’s Credit Card Satisfaction Study, Synchrony ranked 10th out of 11 major banks, the same spot as the 2018 study.  Still, you can expect at least some of the usual big bank offerings—24/7 customer service by phone, online account access, and customer service chat during select daytime and evening hours. 

Security Features 

The eBay Mastercard credit card has standard security features such as zero liability for fraudulent purchases. Because it’s a Mastercard, though, cardholders get Mastercard ID Theft Protection for free, which includes identity theft alerts, credit card replacement, and ID Theft Affidavit assistance if you're a victim of identity theft.

eBay Mastercard’s Fees

The eBay Mastercard credit card has the typical fees you’d find among similar cards, including a 3% foreign transaction fee.

Next Steps
For eBay Mastercard
Compare This Card
See how this card stacks up to the competition
CURRENT CARD
eBay Mastercard
overall rating
3.3
Recommended Credit Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Poor - Excellent
Regular APR (%) 19.99% - 26.99% variable
Annual Fee $0
Rewards Earning Rate Earn 3X Points per $1 spent on eBay for the first $1,000 in annual spend, then 5x. Earn 2X Points per $1 spent on gas, restaurant, & groceries. Earn 1X Points per $1 spent on all other purchases.
Our Methodology
At The Balance, we are dedicated to giving you unbiased, comprehensive credit card reviews. To do this, we collect data on hundreds of cards and score more than 55 features that affect your finances.
  • Our Reviews Are Always Impartial: No one can influence which cards we review, the way we present them to you, or the ratings they receive. The scores and reviews come directly from the data we collect and our editorial expertise, and we focus on three areas:
  • How Much Does It Cost? With credit card debt at an all-time high, we believe you should know the cost of carrying a balance. Because of that, we give regular purchase APRs significant weight in overall scores, and cards receive low marks if they have an array of pricey fees.
  • What Are the Rewards Worth? Cards accumulate rewards in different currencies—points, miles, cash back—and their values vary widely. To simplify the problem, we built a system that fairly compares rewards and gives them a dollar value. We do this by looking at the ways you can earn and use rewards, which includes evaluating Americans’ typical spending habits and analyzing common travel patterns.
  • Does It Make Your Life Easier? Our scoring system favors cards that accept a wide range of credit profiles and offer simple solutions for things like checking your credit score or contacting customer service. Finally, we give preference to credit cards that have several tools for dealing with fraudulent charges.
  • For every review on The Balance, we hold the credit cards to these standards, and we set the bar high. While we recognize the appeal of splashy features like six-digit sign-up bonuses, our approach ensures that credit cards with the best combination of value, affordability, and accessibility receive the highest scores. See our full methodology for more details.

Article Sources

The Balance requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy .
  1. eBay. "Great Finds Come With a Bonus." Accessed May 1, 2020.

  2. eBay. "SYNCHRONY BANK EBAY MASTERCARD REWARDS PROGRAM." Accessed April 21, 2020.

  3. J.D. Power. "Credit Card Rewards Battle Continues as Customers Seek Better Programs, J.D. Power Finds." Accessed May 1, 2020.

  4. J.D. Power. "Credit Card Rewards War Reaches Inflection Point as Competition Grows, J.D. Power Finds." Accessed May 1, 2020.