Coupon is listed under "Coupons" in my eBay, also received an email about an hour ago. YMMV (should've put in title). Pictures of said email and coupons are attached
"Get $5 off now. Collect your Coupon when you check out on the NEW eBay mobile app with a purchase of $20 or more."
Who's eligible for the coupon?
Only invited, registered eBay users who receive the coupon in My eBay are eligible.
Sorry, no forwarding—coupon is not transferable.
How to redeem your coupon:
Complete your purchase within the eBay iPhone, iPad, or Android apps or within Mobile web. To apply the coupon, click on "Gift Cards, eBay Bucks, Coupons" on the Review Order screen and check-mark the coupon during checkout. Coupon does not work on Windows, BlackBerry, or Tablet Web.
Pay for your item with PayPal before the expiration date on the coupon.
Terms & Conditions
Coupon expires at 11:59:59 PM PT on the coupon date. Discount applies to the purchase price (excluding shipping, handling, and taxes) of an eligible item on eBay.com purchased via the eBay app. Coupon can be used once for up to the maximum coupon discount amount, while supplies last. Restrictions and/or exclusions will be designated in each coupon offer. Only registered eBay members paying with PayPal can receive the discount. Any unused difference between the actual discount amount received and the maximum amount will be forfeited.
Coupon is subject to U.S laws, void where prohibited, not redeemable for cash, has no face value, and cannot be combined with any other Coupon, Gift Card, Gift Certificate, or Voucher.