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Jews created the business of buying gift cards

The two Orthodox Jews from Brooklyn launched their enterpris...
provocative saffron doctorate coffee pot
  01/21/18
Your title is confusing
Impertinent private investor hall
  01/21/18
yea it should be rebuying or reselling
Godawful generalized bond
  01/21/18
...
Well-lubricated New Version
  01/21/18
good for them it’s the issuers of the gift cards that ar...
puce mad cow disease station
  01/21/18
...
provocative saffron doctorate coffee pot
  01/21/18
...
scarlet bawdyhouse personal credit line
  01/21/18
...
Mauve church building regret
  01/21/18
...
jade digit ratio
  01/21/18
Seems like everyone benefits
orchid bonkers toaster school
  01/21/18
cr I have a lot of gift cards that have sat unused for years
Cocky Amethyst Set Prole
  01/21/18
ie expired cards hehe
puce mad cow disease station
  01/21/18
No expiration, by law, in some states
excitant light karate kitty
  01/21/18
Lmao
puce mad cow disease station
  01/21/18
who is the bigger jew that would pay them $93 for a $100 gif...
Vengeful pocket flask
  01/21/18
isn't there often tax evasion involved?
jade digit ratio
  01/21/18
I do believe those cards are marked NOT FOR RESALE.
effete really tough guy
  01/21/18
*DBG sprints into thread*
Adventurous stag film
  01/21/18
On its own, Gift Cards are an unbelievable and wildly profit...
Racy amber dragon
  01/21/18
The real fraud are those Amex/VISA gift cards that cost $5 t...
Adventurous stag film
  01/21/18
pddj's prole goy grandma got us EACH a $50 visa GC for "...
jade digit ratio
  01/21/18
thats very goysche
Racy amber dragon
  01/21/18
my kids are gonna be 1/8 this woman :(
jade digit ratio
  01/21/18


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Reply Favorite

Date: January 21st, 2018 5:21 AM
Author: provocative saffron doctorate coffee pot

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)



Reply Favorite

Date: January 21st, 2018 5:40 AM
Author: Impertinent private investor hall

Your title is confusing

(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35201572)



Reply Favorite

Date: January 21st, 2018 1:11 PM
Author: Godawful generalized bond

yea it should be rebuying or reselling

(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202882)



Reply Favorite

Date: January 21st, 2018 2:18 PM
Author: Well-lubricated New Version



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



Reply Favorite

Date: January 21st, 2018 5:51 AM
Author: puce mad cow disease station

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)



Reply Favorite

Date: January 21st, 2018 1:10 PM
Author: provocative saffron doctorate coffee pot



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



Reply Favorite

Date: January 21st, 2018 1:13 PM
Author: scarlet bawdyhouse personal credit line



(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202895)



Reply Favorite

Date: January 21st, 2018 1:16 PM
Author: Mauve church building regret



(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202918)



Reply Favorite

Date: January 21st, 2018 2:06 PM
Author: jade digit ratio



(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35203181)



Reply Favorite

Date: January 21st, 2018 1:16 PM
Author: orchid bonkers toaster school

Seems like everyone benefits

(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202913)



Reply Favorite

Date: January 21st, 2018 1:19 PM
Author: Cocky Amethyst Set Prole

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: puce mad cow disease station

ie expired cards

hehe

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



Reply Favorite

Date: January 21st, 2018 1:58 PM
Author: excitant light karate kitty

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: puce mad cow disease station

Lmao

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



Reply Favorite

Date: January 21st, 2018 1:17 PM
Author: Vengeful pocket flask

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)



Reply Favorite

Date: January 21st, 2018 2:20 PM
Author: jade digit ratio

isn't there often tax evasion involved?



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



Reply Favorite

Date: January 21st, 2018 1:17 PM
Author: effete really tough guy

I do believe those cards are marked NOT FOR RESALE.

(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202923)



Reply Favorite

Date: January 21st, 2018 1:18 PM
Author: Adventurous stag film

*DBG sprints into thread*

(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35202933)



Reply Favorite

Date: January 21st, 2018 1:19 PM
Author: Racy amber dragon

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: Adventurous stag film

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: jade digit ratio

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)



Reply Favorite

Date: January 21st, 2018 2:54 PM
Author: Racy amber dragon

thats very goysche

(http://www.autoadmit.com/thread.php?thread_id=3866148&forum_id=2#35203429)



Reply Favorite

Date: January 21st, 2018 2:55 PM
Author: jade digit ratio

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

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