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Jews created the business of buying gift cards

The two Orthodox Jews from Brooklyn launched their enterpris...
amethyst judgmental public bath
  01/21/18
Your title is confusing
Exhilarant Site
  01/21/18
yea it should be rebuying or reselling
Pea-brained Black Woman
  01/21/18
...
godawful alpha
  01/21/18
good for them it’s the issuers of the gift cards that ar...
Slate casino
  01/21/18
...
amethyst judgmental public bath
  01/21/18
...
Kink-friendly Self-absorbed Philosopher-king
  01/21/18
...
razzle anal pistol
  01/21/18
...
Lascivious Underhanded Mother
  01/21/18
Seems like everyone benefits
violent milky heaven cuck
  01/21/18
cr I have a lot of gift cards that have sat unused for years
cobalt rough-skinned foreskin
  01/21/18
ie expired cards hehe
Slate casino
  01/21/18
No expiration, by law, in some states
low-t location
  01/21/18
Lmao
Slate casino
  01/21/18
who is the bigger jew that would pay them $93 for a $100 gif...
laughsome native
  01/21/18
isn't there often tax evasion involved?
Lascivious Underhanded Mother
  01/21/18
I do believe those cards are marked NOT FOR RESALE.
Stimulating Locale Newt
  01/21/18
*DBG sprints into thread*
infuriating federal theater
  01/21/18
On its own, Gift Cards are an unbelievable and wildly profit...
pearly aphrodisiac dilemma main people
  01/21/18
The real fraud are those Amex/VISA gift cards that cost $5 t...
infuriating federal theater
  01/21/18
pddj's prole goy grandma got us EACH a $50 visa GC for "...
Lascivious Underhanded Mother
  01/21/18
thats very goysche
pearly aphrodisiac dilemma main people
  01/21/18
my kids are gonna be 1/8 this woman :(
Lascivious Underhanded Mother
  01/21/18


Poast new message in this thread



Reply Favorite

Date: January 21st, 2018 5:21 AM
Author: amethyst judgmental public bath

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: Exhilarant Site

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: Pea-brained Black Woman

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: godawful alpha



(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: Slate casino

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: amethyst judgmental public bath



(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: Kink-friendly Self-absorbed Philosopher-king



(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: razzle anal pistol



(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: Lascivious Underhanded Mother



(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: violent milky heaven cuck

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: cobalt rough-skinned foreskin

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: Slate casino

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: low-t location

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: Slate casino

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: laughsome native

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: Lascivious Underhanded Mother

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: Stimulating Locale Newt

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: infuriating federal theater

*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: pearly aphrodisiac dilemma main people

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: infuriating federal theater

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: Lascivious Underhanded Mother

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: pearly aphrodisiac dilemma main people

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: Lascivious Underhanded Mother

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

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