they say 60 days. its so that you dont buy something and return it and keep the cash back. id say i only actually had to wait on 2 or 3 of the 10+ times i have used this so far. it is usually instantaneous.
my recent epiphany is gift certificates. i know i am going to spend a lot of money at ________ over the course of my life. getting 10% back in cash (or 8%, as it went down as soon as i figured this out) but still having the $500 gift certificate... and just imagine if you can get the card UNDER cost like you often can on ebay.
and yes, 8% is average. last year it was 35%. THIRTY FIVE PERCENT. imagine the possibilities! too bad all i bought was one set of headphones.
also, $200 max cash back per transaction, and $2500 max per year. 20 times per ebay account, but nothing wrong with multiple ebay accounts (do NOT try to make multiple cashback accounts to circumvent the $2500, they will find out)
i guess you already know that ebay isnt the only place you can use this... but ebay is great because you can get almost anything, think of all the fixed-price items (game consoles, gift cards, etc) that are suddenly lower than anywhere else.
i wont have access to the keyboard until february
so just ask someone who likes cherry blacks