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Jews created the business of buying gift cards

The two Orthodox Jews from Brooklyn launched their enterpris...
Exciting boistinker old irish cottage
  01/21/18
Your title is confusing
rose mind-boggling therapy
  01/21/18
yea it should be rebuying or reselling
multi-colored metal mother temple
  01/21/18
...
buck-toothed nursing home
  01/21/18
good for them it’s the issuers of the gift cards that ar...
swashbuckling federal crackhouse
  01/21/18
...
Exciting boistinker old irish cottage
  01/21/18
...
carmine hell lettuce
  01/21/18
...
impertinent toilet seat
  01/21/18
...
Plum Narrow-minded Ratface Marketing Idea
  01/21/18
Seems like everyone benefits
bistre son of senegal
  01/21/18
cr I have a lot of gift cards that have sat unused for years
Racy coral forum
  01/21/18
ie expired cards hehe
swashbuckling federal crackhouse
  01/21/18
No expiration, by law, in some states
Provocative Psychic Institution
  01/21/18
Lmao
swashbuckling federal crackhouse
  01/21/18
who is the bigger jew that would pay them $93 for a $100 gif...
swollen factory reset button
  01/21/18
isn't there often tax evasion involved?
Plum Narrow-minded Ratface Marketing Idea
  01/21/18
I do believe those cards are marked NOT FOR RESALE.
Marvelous death wish
  01/21/18
*DBG sprints into thread*
Fear-inspiring stimulating property
  01/21/18
On its own, Gift Cards are an unbelievable and wildly profit...
diverse state
  01/21/18
The real fraud are those Amex/VISA gift cards that cost $5 t...
Fear-inspiring stimulating property
  01/21/18
pddj's prole goy grandma got us EACH a $50 visa GC for "...
Plum Narrow-minded Ratface Marketing Idea
  01/21/18
thats very goysche
diverse state
  01/21/18
my kids are gonna be 1/8 this woman :(
Plum Narrow-minded Ratface Marketing Idea
  01/21/18


Poast new message in this thread



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Date: January 21st, 2018 5:21 AM
Author: Exciting boistinker old irish cottage

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.

https://www.google.com/amp/s/www.forbes.com/sites/karstenstrauss/2014/07/30/your-unwanted-gift-cards-are-worth-millions-these-guys-are-building-an-empire-with-them/amp/



(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35201560)



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Date: January 21st, 2018 5:40 AM
Author: rose mind-boggling therapy

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: multi-colored metal mother temple

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: buck-toothed nursing home



(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35203246)



Reply Favorite

Date: January 21st, 2018 5:51 AM
Author: swashbuckling federal crackhouse

good for them

it’s the issuers of the gift cards that are hehehehe

(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35201585)



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Date: January 21st, 2018 1:10 PM
Author: Exciting boistinker old irish cottage



(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202879)



Reply Favorite

Date: January 21st, 2018 1:13 PM
Author: carmine hell lettuce



(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: impertinent toilet seat



(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: Plum Narrow-minded Ratface Marketing Idea



(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: bistre son of senegal

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: Racy coral forum

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)



Reply Favorite

Date: January 21st, 2018 1:27 PM
Author: swashbuckling federal crackhouse

ie expired cards

hehe

(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202997)



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Date: January 21st, 2018 1:58 PM
Author: Provocative Psychic Institution

No expiration, by law, in some states

(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35203131)



Reply Favorite

Date: January 21st, 2018 2:02 PM
Author: swashbuckling federal crackhouse

Lmao

(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35203157)



Reply Favorite

Date: January 21st, 2018 1:17 PM
Author: swollen factory reset button

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



(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202922)



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Date: January 21st, 2018 2:20 PM
Author: Plum Narrow-minded Ratface Marketing Idea

isn't there often tax evasion involved?



(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35203252)



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Date: January 21st, 2018 1:17 PM
Author: Marvelous death wish

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: Fear-inspiring stimulating property

*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: diverse state

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

(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202941)



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Date: January 21st, 2018 2:10 PM
Author: Fear-inspiring stimulating property

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: Plum Narrow-minded Ratface Marketing Idea

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

(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35203219)



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Date: January 21st, 2018 2:54 PM
Author: diverse state

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: Plum Narrow-minded Ratface Marketing Idea

my kids are gonna be 1/8 this woman :(

(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35203440)