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Jews created the business of buying gift cards

The two Orthodox Jews from Brooklyn launched their enterpris...
Swollen goal in life depressive
  01/21/18
Your title is confusing
startling trip cruise ship circlehead
  01/21/18
yea it should be rebuying or reselling
sapphire 180 office macaca
  01/21/18
...
Marvelous range
  01/21/18
good for them it’s the issuers of the gift cards that ar...
Claret Native
  01/21/18
...
Swollen goal in life depressive
  01/21/18
...
Pontificating spot newt
  01/21/18
...
drab awkward pit jap
  01/21/18
...
stirring milky pocket flask
  01/21/18
Seems like everyone benefits
iridescent address tattoo
  01/21/18
cr I have a lot of gift cards that have sat unused for years
federal aromatic piazza pervert
  01/21/18
ie expired cards hehe
Claret Native
  01/21/18
No expiration, by law, in some states
Concupiscible slate knife garrison
  01/21/18
Lmao
Claret Native
  01/21/18
who is the bigger jew that would pay them $93 for a $100 gif...
fear-inspiring ticket booth
  01/21/18
isn't there often tax evasion involved?
stirring milky pocket flask
  01/21/18
I do believe those cards are marked NOT FOR RESALE.
razzle-dazzle wrinkle
  01/21/18
*DBG sprints into thread*
swashbuckling violet trailer park
  01/21/18
On its own, Gift Cards are an unbelievable and wildly profit...
Irate potus locale
  01/21/18
The real fraud are those Amex/VISA gift cards that cost $5 t...
swashbuckling violet trailer park
  01/21/18
pddj's prole goy grandma got us EACH a $50 visa GC for "...
stirring milky pocket flask
  01/21/18
thats very goysche
Irate potus locale
  01/21/18
my kids are gonna be 1/8 this woman :(
stirring milky pocket flask
  01/21/18


Poast new message in this thread



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Date: January 21st, 2018 5:21 AM
Author: Swollen goal in life depressive

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: startling trip cruise ship circlehead

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: sapphire 180 office macaca

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: Marvelous range



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



Reply Favorite

Date: January 21st, 2018 5:51 AM
Author: Claret Native

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: Swollen goal in life depressive



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



Reply Favorite

Date: January 21st, 2018 1:13 PM
Author: Pontificating spot newt



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



Reply Favorite

Date: January 21st, 2018 1:16 PM
Author: drab awkward pit jap



(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: stirring milky pocket flask



(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: iridescent address tattoo

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: federal aromatic piazza pervert

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: Claret Native

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: Concupiscible slate knife garrison

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: Claret Native

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: fear-inspiring ticket booth

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: stirring milky pocket flask

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: razzle-dazzle wrinkle

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: swashbuckling violet trailer park

*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: Irate potus locale

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: swashbuckling violet trailer park

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: stirring milky pocket flask

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: Irate potus locale

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: stirring milky pocket flask

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

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