Yesterday, eBay announced the launch ^[1] of its new cashback program – eBay Bucks. The first of its kind initiative from the online shopping giant will offer 2% cashback on most purchases made on eBay using PayPal. Purchases which are not included in this rewards program include Classifieds, Business & Industrial Capital Equipment, Real Estate, and eBay Motors.

Enrolled customers will earn eBay Bucks for all eligible purchases. At the end of each three month period, the collected reward points will be converted into eBay Bucks certificates, which can then be used for future eBay purchases. However, eBay has put in place quite a few restrictions ^[2] to . Some of them are:

• This offer is only available to adult US residents.
• You cannot earn more than $200 in cashback from a single purchase.
• You cannot earn more than $500 in a calendar quarter.
• Each certificate must be redeemed within 30 days.

Users with an US eBay account can enroll themselves over here ^[3].