Please explain this ebay auction to me

[disneysteve]

http://cgi.ebay.com/100-Amazon-Gift...ertificates?hash=item3358334f02#ht_500wt_1133

Why would anyone pay more than face value for a gift certificate code? Why not just go to Amazon and buy the certificate yourself? This certificate sold for $42 over face value.

 

[kamikazecat]

No clue

 

[mgroshans]

Very good question

 

[StitchandPooh'sMom]

I'm no expert, but sometimes Bing has cash back on purchases, so you might get 30% cash back on your purchase, for example. If you pay $125 for something worth $100, you'd get 37.50 back on your purchase, so it ends up costing less than face value.

These numbers are all made up, but I have seen people pay more than retail and have read posts explaining the cash back thing. It might not apply in this case - just a possible explanation.

 

[disneysteve]

sometimes Bing has cash back on purchases, so you might get 30% cash back on your purchase, for example.

Is that Bing as in the search engine? How do they give cash back?

I've actually seen auctions like this frequently. It happens often enough that I figure I'm missing something. Even paying face value doesn't make sense to me unless people are exploiting some kind of deal. I'm just trying to figure out the secret. Maybe it is something that I would want to do to save some money.

 

[summerrluvv]

Bing.com has a cashback program. You shop at certain stores and get cash back into your "bing cashback" account. I bought something at walmart.com recently and got $6.00 back (20%). I think it used to be the old Windows Live program. I know they were offering 15% or 20% cashback on ebay purchases recently.

 

[StitchandPooh'sMom]

Is that Bing as in the search engine? How do they give cash back?

I've actually seen auctions like this frequently. It happens often enough that I figure I'm missing something. Even paying face value doesn't make sense to me unless people are exploiting some kind of deal. I'm just trying to figure out the secret. Maybe it is something that I would want to do to save some money.

I've not ever done Bing cashback - just read about it on Slickdeals. I googled and found this - it might help:

http://www.bing.com/shopping/pages/howtouse.aspx

Hope that helps!

 

[BCV2003]

Is that Bing as in the search engine? How do they give cash back?

I've actually seen auctions like this frequently. It happens often enough that I figure I'm missing something. Even paying face value doesn't make sense to me unless people are exploiting some kind of deal. I'm just trying to figure out the secret. Maybe it is something that I would want to do to save some money.

As an example, I purchase a computer on black friday from Dell for $420. Bing was offering 20% cashback that day so in 60 days I will get $84 back from that purchase.

I have used Bing successfully quite a few times during the past year and have received almost $300 back for purchases that I was going to make anyways.

 

[Mom2Ben02]

I am really stumped on this one - Bing (I think) is only given on buy it now auctions!