New PayPal Credit Card Offers eBay Discounts as Rewards
New
PayPal Credit Card Offers eBay Discounts as Rewards
PayPal and its parent company eBay have launched a new credit
card called the PayPal Plus MasterCard. To entice eBay users
to sign up, the PayPal credit card offers rewards points for
each dollar in purchases, with each 2,500 points earning a reward
coupon good for $25 off a purchase of an item listed on eBay.
The PayPal
Plus Credit Card is also offering
a 0% introductory offer on purchases and balance transfers
until 2007, although there is a balance transfer fee to consider.
This
is not the first eBay credit card, but it is the first MasterCard
or Visa to come with eBay rewards since the eBay Anything Points
credit card was discontinued in February of this year. PayPal
already offers its Buyers Credit program, but this is not a
traditional credit card that can be used at all merchants acepting
major credit cards.
The
PayPal Plus MasterCard is being issued through a partnership
with GE Money Bank.
