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What is a Base High Watermark and what is a New High Watermark?

base high watermark
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What is a Base High Watermark and what is a New High Watermark?

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Your Base High Watermark is the highest invoice amount that you have received and have paid eBay in the 12 months before you register for the programme. Your Base High Watermark amount must be a minimum of £150 (excluding VAT) in order for you to qualify for the programme. If you exceed your Base High Watermark by paying an invoice from eBay for an amount that is higher than your Base High Watermark, your Base High Watermark will become your New High Watermark and you will earn a reward.

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