- You are here:
- Home »
- Uncategorized
- » Paypal Reader Money Maker
Paypal Reader Money Maker
Disclaimer: This website is monetized by ads and other affiliates. As such, this article may contain affiliate links. If you decide to use them, you can sleep easier knowing you're helping me give my cats a better life. :) I really appreciate your support!
Right now Paypal is offering a $15 rebate when you buy one of their credit card readers for $15. You can find these at most stores such as, Best Buy, Staples, TigerDirect, and Newegg. I chose to buy mine at my local Staples since I get 5X points with my Ink Bold Card. You can only get 3 rebates per US Paypal account, but I have three accounts between my wife and I so I bought 9. I then sold these on eBay for $4.95 each.
Profit = Cost – (Rebate + Sales – eBay Fees)
Cost: 9 (readers) x $15 = $135
Rebate: $135
eBay Sales: $44.55
eBay Fees: ~$6.68
Points Earned: 135 x 5 = 675 UR Points
Profit: $37.87 and 675 UR Points
All of this takes less than an hour if you Staples is within a 15 minute drive, so it’s a great deal! This is what they look like when you open them:
Terms:
- You can only apply 3 rebates per US Paypal account. If you try to apply more, the extra rebates will be voided.
- Make sure that the Paypal reader packaging is not open when you buy it, otherwise someone might have used the rebate already.
- If you need to process credit cards, Paypal is actually a very good option since you can use it anywhere and it only costs 2.7%.
- If you buy your readers online, make sure to go through a portal to maximize your cash back! You can use my ShopAtHome referral for 7% cash back on the Sign Up Links page.
- The $15 rebate is immediately applied to your account when you type in the code.
- You can use two different Paypal accounts that are tied to the same address. (I used three)
