Instructions:This paypal code worked for me and my friend so it might work for you as well. Please check it!
Following is the email i received.
Your free gift!
To help get your Christmas shopping off to a flying start, here's £5 to spend on an item on eBay.co.uk. You've tried shopping online with PayPal at other websites, now try it out on eBay.co.uk!
How to get started:
Select and buy one item you want on eBay.co.uk for any value, ensuring that the seller accepts PayPal.
Pay for your purchase with PayPal and enter the redemption code CEBAY2006 when prompted during the PayPal payment process. The email address you registered for your eBay and PayPal accounts must be the same in order to redeem your coupon successfully.
If you have any issues redeeming your coupon please visit one of the links below or call 0870 730 1392.
Coupon Terms and Conditions
The discount offer is open to targeted PayPal.co.uk registered users who are UK residents 18 years of age or older.
One coupon per registered user only. All coupons must be redeemed by 23:59:59 GMT 19 November 2006.
To redeem the coupon, purchase one item of any value on eBay.co.uk in pounds sterling using PayPal as your payment method. Enter the coupon code when you are prompted to during the PayPal payment process.
The discount offer is valid only when you pay with, and the seller accepts, PayPal.
The minimum purchase does not include postage and packaging or any taxes not included in the final sale price of the item.
The discount offer is limited to £5 off the final sale price of the one item you purchase. The discount offer does not apply to any postage and packing or to any taxes not included in the final sale price of the item.
The coupon is valid only when the user's eBay email address corresponds with the email address of their PayPal account.
The coupon can be redeemed against payment of one item only.
All transactions applicable to the discount offer must comply with eBay and PayPal's User Agreements and policies.
The coupon is valid from 00:00:01 BST 20 October 2006 until 23:59:59 GMT 19 November 2006. The coupon expires on GMT 19 November 2006, unless cancelled earlier in accordance with these Terms and Conditions.
The coupon cannot be combined with any other coupon, site discount, rebate, offer, gift voucher or other promotion.
The coupon has no cash value, cannot be transferred and cannot be forwarded.
The coupon is void where prohibited.
Any refund you may be entitled to receive will not include the coupon or its redemption value.
PayPal Europe Limited ("PayPal") is the organiser of the promotion. PayPal may carry out this organisation through its local subsidiaries.
These Terms and Conditions are governed by English law.
PayPal makes no representations or warranties of any kind regarding any product or service provided by any third party in connection with any coupon promotion.
PayPal will not be responsible for any third party's performance or failure to perform any services related to any coupon promotion, or for any costs, damages, accident, delay, injury, loss, expense, or inconvenience that may arise in connection with the use of the coupon, provided that nothing shall limit PayPal's liability for death or personal injury caused by its negligence.