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Jews created the business of buying gift cards
| unholy location | 01/21/18 |
| turquoise awkward house | 01/21/18 |
| Burgundy chest-beating mad-dog skullcap theater stage | 01/21/18 |
| Doobsian quadroon | 01/21/18 |
| bespoke floppy church building | 01/21/18 |
| unholy location | 01/21/18 |
| Stimulating Brethren Toilet Seat | 01/21/18 |
| nighttime coffee pot milk | 01/21/18 |
| Mind-boggling National Circlehead | 01/21/18 |
| amber hall old irish cottage | 01/21/18 |
| fragrant low-t lodge karate | 01/21/18 |
| bespoke floppy church building | 01/21/18 |
| Drab cracking university doctorate | 01/21/18 |
| bespoke floppy church building | 01/21/18 |
| Milky provocative pozpig meetinghouse | 01/21/18 |
| Mind-boggling National Circlehead | 01/21/18 |
| Hairraiser stead | 01/21/18 |
| laughsome deep round eye office | 01/21/18 |
| Swashbuckling Organic Girlfriend Yarmulke | 01/21/18 |
| laughsome deep round eye office | 01/21/18 |
| Mind-boggling National Circlehead | 01/21/18 |
| Swashbuckling Organic Girlfriend Yarmulke | 01/21/18 |
| Mind-boggling National Circlehead | 01/21/18 |
Poast new message in this thread
Date: January 21st, 2018 5:21 AM Author: unholy location The two Orthodox Jews from Brooklyn launched their enterprise in 2008, during the sinkhole of the recession, buying other people’s cards online for a few dollars less than their value, reasoning many people would rather have $89 in cash than $100 worth of stuff from Annie Sez. They then sell cards for a few dollars more than they paid for them, but less than face value. Today, netting an estimated 8% profit, CardCash is on track to gross $120 million by year-end.
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Date: January 21st, 2018 5:40 AM Author: turquoise awkward house Your title is confusing (http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35201572) |
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Date: January 21st, 2018 1:11 PM Author: Burgundy chest-beating mad-dog skullcap theater stage yea it should be rebuying or reselling (http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202882) |
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Date: January 21st, 2018 2:18 PM Author: Doobsian quadroon (http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35203246) |
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Date: January 21st, 2018 5:51 AM Author: bespoke floppy church building good for them
it’s the issuers of the gift cards that are hehehehe |
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Date: January 21st, 2018 1:10 PM Author: unholy location (http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202879) |
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Date: January 21st, 2018 1:13 PM Author: Stimulating Brethren Toilet Seat (http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202895) |
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Date: January 21st, 2018 1:16 PM Author: nighttime coffee pot milk (http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202918) |
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Date: January 21st, 2018 2:06 PM Author: Mind-boggling National Circlehead (http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35203181) |
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Date: January 21st, 2018 1:16 PM Author: amber hall old irish cottage Seems like everyone benefits (http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202913) |
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Date: January 21st, 2018 1:19 PM Author: fragrant low-t lodge karate cr I have a lot of gift cards that have sat unused for years (http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202936) |
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Date: January 21st, 2018 1:27 PM Author: bespoke floppy church building ie expired cards
hehe |
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Date: January 21st, 2018 1:58 PM Author: Drab cracking university doctorate No expiration, by law, in some states (http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35203131) |
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Date: January 21st, 2018 2:02 PM Author: bespoke floppy church building Lmao (http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35203157) |
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Date: January 21st, 2018 1:17 PM Author: Milky provocative pozpig meetinghouse who is the bigger jew that would pay them $93 for a $100 gift card just to save the difference?
seems like such a pain in the ass
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Date: January 21st, 2018 2:20 PM Author: Mind-boggling National Circlehead isn't there often tax evasion involved?
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Date: January 21st, 2018 1:17 PM Author: Hairraiser stead I do believe those cards are marked NOT FOR RESALE. (http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202923) |
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Date: January 21st, 2018 1:18 PM Author: laughsome deep round eye office *DBG sprints into thread* (http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202933) |
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Date: January 21st, 2018 1:19 PM Author: Swashbuckling Organic Girlfriend Yarmulke On its own, Gift Cards are an unbelievable and wildly profitable business. Insanely profitable. The major company that does a lot of Gift Cards got bought out this week by PE - I had been eyeing it for years but it never got low enough for me.
Basically when you buy a gift card you give an interest free loan to the Gift Card company until the funds are drawn down, which then can be reinvested into money market or treasuries. In addition to this interest free loan, after a certain point Gift Cards used to either expire or run-off, representing direct profit to the issuer.
Truly one of the hidden life-hacks, a float business in the modern world. A modern day Blue Chip Stamps |
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Date: January 21st, 2018 2:10 PM Author: laughsome deep round eye office The real fraud are those Amex/VISA gift cards that cost $5 to activate. So the purchaser pays $105 for the $100 card. Then Amex/VISA still get their typical fees at the point of sale when the gift card is used. ljl (http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35203209) |
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Date: January 21st, 2018 2:11 PM Author: Mind-boggling National Circlehead pddj's prole goy grandma got us EACH a $50 visa GC for "hanukkah"
ljl so she paid 2x $5 = $10 to give us $100. dumb goy |
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Date: January 21st, 2018 2:54 PM Author: Swashbuckling Organic Girlfriend Yarmulke thats very goysche (http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35203429) |
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Date: January 21st, 2018 2:55 PM Author: Mind-boggling National Circlehead my kids are gonna be 1/8 this woman :( (http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35203440) |