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Jews created the business of buying gift cards

The two Orthodox Jews from Brooklyn launched their enterpris...
Topaz Out-of-control Institution Prole
  01/21/18
Your title is confusing
spectacular background story
  01/21/18
yea it should be rebuying or reselling
harsh amber corner reading party
  01/21/18
...
high-end slap-happy pozpig
  01/21/18
good for them it’s the issuers of the gift cards that ar...
Vengeful Stag Film
  01/21/18
...
Topaz Out-of-control Institution Prole
  01/21/18
...
Flatulent Beady-eyed Brunch French Chef
  01/21/18
...
nubile hilarious bbw
  01/21/18
...
laughsome crawly double fault
  01/21/18
Seems like everyone benefits
amethyst glittery genital piercing
  01/21/18
cr I have a lot of gift cards that have sat unused for years
Chest-beating pea-brained internal respiration
  01/21/18
ie expired cards hehe
Vengeful Stag Film
  01/21/18
No expiration, by law, in some states
Supple factory reset button
  01/21/18
Lmao
Vengeful Stag Film
  01/21/18
who is the bigger jew that would pay them $93 for a $100 gif...
brilliant aromatic old irish cottage
  01/21/18
isn't there often tax evasion involved?
laughsome crawly double fault
  01/21/18
I do believe those cards are marked NOT FOR RESALE.
histrionic stage
  01/21/18
*DBG sprints into thread*
Bronze people who are hurt
  01/21/18
On its own, Gift Cards are an unbelievable and wildly profit...
Burgundy Thriller Resort
  01/21/18
The real fraud are those Amex/VISA gift cards that cost $5 t...
Bronze people who are hurt
  01/21/18
pddj's prole goy grandma got us EACH a $50 visa GC for "...
laughsome crawly double fault
  01/21/18
thats very goysche
Burgundy Thriller Resort
  01/21/18
my kids are gonna be 1/8 this woman :(
laughsome crawly double fault
  01/21/18


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Date: January 21st, 2018 5:21 AM
Author: Topaz Out-of-control Institution Prole

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: spectacular background story

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: harsh amber corner reading party

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: high-end slap-happy pozpig



(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: Vengeful Stag Film

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: Topaz Out-of-control Institution Prole



(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: Flatulent Beady-eyed Brunch French Chef



(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: nubile hilarious bbw



(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: laughsome crawly double fault



(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: amethyst glittery genital piercing

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: Chest-beating pea-brained internal respiration

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: Vengeful Stag Film

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: Supple factory reset button

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: Vengeful Stag Film

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: brilliant aromatic old irish cottage

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: laughsome crawly double fault

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: histrionic stage

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: Bronze people who are hurt

*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: Burgundy Thriller Resort

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: Bronze people who are hurt

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: laughsome crawly double fault

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: Burgundy Thriller Resort

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: laughsome crawly double fault

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

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