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Jews created the business of buying gift cards

The two Orthodox Jews from Brooklyn launched their enterpris...
odious light kitty fanboi
  01/21/18
Your title is confusing
black magical shitlib spot
  01/21/18
yea it should be rebuying or reselling
vivacious pearl internal respiration depressive
  01/21/18
...
Milky set
  01/21/18
good for them it’s the issuers of the gift cards that ar...
insecure 180 dragon
  01/21/18
...
odious light kitty fanboi
  01/21/18
...
Vibrant trailer park jewess
  01/21/18
...
bonkers menage sweet tailpipe
  01/21/18
...
Soul-stirring messiness dilemma
  01/21/18
Seems like everyone benefits
maniacal tantric boltzmann stage
  01/21/18
cr I have a lot of gift cards that have sat unused for years
Gay center
  01/21/18
ie expired cards hehe
insecure 180 dragon
  01/21/18
No expiration, by law, in some states
Multi-colored space partner
  01/21/18
Lmao
insecure 180 dragon
  01/21/18
who is the bigger jew that would pay them $93 for a $100 gif...
umber theatre nowag
  01/21/18
isn't there often tax evasion involved?
Soul-stirring messiness dilemma
  01/21/18
I do believe those cards are marked NOT FOR RESALE.
Sepia box office
  01/21/18
*DBG sprints into thread*
Chrome High-end Range Immigrant
  01/21/18
On its own, Gift Cards are an unbelievable and wildly profit...
fragrant public bath
  01/21/18
The real fraud are those Amex/VISA gift cards that cost $5 t...
Chrome High-end Range Immigrant
  01/21/18
pddj's prole goy grandma got us EACH a $50 visa GC for "...
Soul-stirring messiness dilemma
  01/21/18
thats very goysche
fragrant public bath
  01/21/18
my kids are gonna be 1/8 this woman :(
Soul-stirring messiness dilemma
  01/21/18


Poast new message in this thread



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Date: January 21st, 2018 5:21 AM
Author: odious light kitty fanboi

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: black magical shitlib spot

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: vivacious pearl internal respiration depressive

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: Milky set



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



Reply Favorite

Date: January 21st, 2018 5:51 AM
Author: insecure 180 dragon

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: odious light kitty fanboi



(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: Vibrant trailer park jewess



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



Reply Favorite

Date: January 21st, 2018 1:16 PM
Author: bonkers menage sweet tailpipe



(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: Soul-stirring messiness dilemma



(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: maniacal tantric boltzmann stage

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: Gay center

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: insecure 180 dragon

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: Multi-colored space partner

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: insecure 180 dragon

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: umber theatre nowag

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: Soul-stirring messiness dilemma

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: Sepia box office

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: Chrome High-end Range Immigrant

*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: fragrant public bath

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: Chrome High-end Range Immigrant

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: Soul-stirring messiness dilemma

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: fragrant public bath

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: Soul-stirring messiness dilemma

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

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