As an online marketplace, eBay offers a vast selection of gift cards at discounted prices. However, many users have reported unpleasant experiences with these purchases. In some cases, buying gift cards on eBay can end up costing you more than expected, as scammers and fraudsters take advantage of the platform’s weak security measures. In this article, we’ll explore the risks associated with buying gift cards on eBay and provide tips on how to protect yourself.
What are the risks of buying gift cards on eBay?
– The gift card may have a lower balance than advertised or may have already been used.
Can you get a refund if you receive a faulty gift card on eBay?
– eBay has a money-back guarantee policy, but it may be difficult to prove the card was faulty or used.
Why do people still buy gift cards on eBay despite the risks?
– Some people may find a good deal or hard-to-find gift cards on eBay.
Are there any alternatives to buying gift cards on eBay?
– Buying gift cards directly from the retailer or a reputable gift card reseller may be a safer option.
After considering the user experience and analyzing the potential drawbacks of buying gift cards on eBay, we strongly recommend that consumers think twice before making such a purchase. While the convenience factor may be tempting, the potential for scams and overpriced cards outweighs the benefits. Instead, opt for more secure and reliable options, such as purchasing directly from the retailer or using a reputable gift card exchange website. In the end, taking the time to do your research and being cautious will save you both time and money.
Post by tbradnc Fri Apr 10, am. Post by nisiprius Fri Apr 10, pm. Post by heartwood Fri Apr 10, pm. Post by core4portfolio Fri Apr 10, pm. Post by larryinnewyork Fri Apr 10, pm. Post by tim Fri Apr 10, pm. Post by BruDude Fri Apr 10, pm. Post by dodecahedron Fri Apr 10, pm. Post by sawhorse Fri Apr 10, pm. Post by tbradnc Fri Apr 10, pm. Post by epitomist Fri Apr 10, pm. Post by Auream Fri Apr 10, pm. Post by Hypersion Fri Apr 10, pm. Post by TradingPlaces Sat Apr 11, am. Privacy Terms. Time 0. Quick links. Why pay more than face value for a gift card Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills. Why pay more than face value for a gift card Post by tbradnc Fri Apr 10, am I was browsing gift cards on eBay and I noticed that its very common for Visa gift cards to bid higher sometimes much higher than the face value. Re Why pay more than face value for a gift card Post by nisiprius Fri Apr 10, pm Thats really amazing. I dont see anything special about the card, its not as if it were a collectible design or anything I cant think of any explanation other than auction fever. Twice I sold CDs, just plain ordinary music CDs, in perfectly good shape but used, CDs that were currently in print and could be purchased from Amazon, for higher than the price of a new one from Amazon including shipping. It really bothered me. Either that, or there may be automated sniping programs that can overshoot the maximum reasonable price? When I buy things on eBay I simply decide what Im willing to pay, set that amount as my maximum bid, and never look back. In case people arent familiar I dont understand why anyone does anything else. Apparently there is a theory that by psyching people out and sniping at the last minute, it is possible to obtain an item for less than the amount you are willing to pay for it, but I have no wish to do that. I just maximum-bid the amount Im willing to pay for the item Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery. Re Why pay more than face value for a gift card Post by heartwood Fri Apr 10, pm If you google why do VISA cards sell for more on ebay you get several links. Re Why pay more than face value for a gift card Post by core4portfolio Fri Apr 10, pm Couple of reasons 1. EBAY bucks is going to expire 2. People are buying above face value and in demand They might be saving their trip to a shop or gifting to someone Re Why pay more than face value for a gift card Post by larryinnewyork Fri Apr 10, pm Some prices on E-Bay can not be explained. Im referring to purchases, not Auctions. Makes no sense. I could purchase Fluid Film auto undercoating for the regular price, or 10x more from another Seller. People create both buyer and seller accounts and then use stolen credit card numbers to buy items for well over their actual value. Essentially they are just milking cash out of the stolen cards. Re Why pay more than face value for a gift card Post by nisiprius Fri Apr 10, pm Another phenomenon that makes no sense I always want to get updated copies of the SBBI Classic Yearbook, but I dont want to pay the new price, e. I used to be able to get several-year-old used copies for reasonable prices Not any more. But for several years now, both Amazon and abebooks merchants are charging prices of e. Ive never seen any evidence e. I once contacted an abebook seller and asked why he was charging a higher-than-new price for a several-year-old edition, and he replied, simply, that he hadnt known the new price and used an automated program that copied the Amazon price! I dont think there are people avidly trying to assemble complete sets and fill holes in their collection. I think something has just gone wrong in the online used-book marketplace. Re Why pay more than face value for a gift card Post by tim Fri Apr 10, pm Interesting, I had not noticed them going for over face value. While eBay pricing might be illogical, I think Sams Club knows what they are doing, but I cant figure it out. Last edited by sawhorse on Fri Apr 10, pm, edited 1 time in total. Re Why pay more than face value for a gift card Post by tbradnc Fri Apr 10, pm dodecahedron wrote Since there appears to be little or no legit reason for gift cards to sell above face value, I dont understand why eBay doesnt flag these transactions. Re Why pay more than face value for a gift card Post by epitomist Fri Apr 10, pm The other thing that frequently occurs is buyer fraud. They buy the gift card, then they report to EBay that the item contained no value when it was delivered to them. EBay as PayPal often sides with the buyer in such a case and refunds their money. Then the buyer has all their money back and the gift card to boot.