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Jews created the business of buying gift cards

The two Orthodox Jews from Brooklyn launched their enterpris...
Obsidian hateful giraffe gas station
  01/21/18
Your title is confusing
Silver hilarious french chef
  01/21/18
yea it should be rebuying or reselling
Passionate dilemma mood
  01/21/18
...
Duck-like theatre genital piercing
  01/21/18
good for them it’s the issuers of the gift cards that ar...
Aphrodisiac chad pisswyrm
  01/21/18
...
Obsidian hateful giraffe gas station
  01/21/18
...
shimmering beta principal's office coldplay fan
  01/21/18
...
talented stage corn cake
  01/21/18
...
glittery forum
  01/21/18
Seems like everyone benefits
Mewling Elastic Band
  01/21/18
cr I have a lot of gift cards that have sat unused for years
twinkling box office puppy
  01/21/18
ie expired cards hehe
Aphrodisiac chad pisswyrm
  01/21/18
No expiration, by law, in some states
spruce tanning salon newt
  01/21/18
Lmao
Aphrodisiac chad pisswyrm
  01/21/18
who is the bigger jew that would pay them $93 for a $100 gif...
Elite unhinged bawdyhouse yarmulke
  01/21/18
isn't there often tax evasion involved?
glittery forum
  01/21/18
I do believe those cards are marked NOT FOR RESALE.
Burgundy Site Headpube
  01/21/18
*DBG sprints into thread*
cerise exhilarant pozpig den
  01/21/18
On its own, Gift Cards are an unbelievable and wildly profit...
aromatic theater
  01/21/18
The real fraud are those Amex/VISA gift cards that cost $5 t...
cerise exhilarant pozpig den
  01/21/18
pddj's prole goy grandma got us EACH a $50 visa GC for "...
glittery forum
  01/21/18
thats very goysche
aromatic theater
  01/21/18
my kids are gonna be 1/8 this woman :(
glittery forum
  01/21/18


Poast new message in this thread



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Date: January 21st, 2018 5:21 AM
Author: Obsidian hateful giraffe gas station

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: Silver hilarious french chef

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: Passionate dilemma mood

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: Duck-like theatre genital piercing



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



Reply Favorite

Date: January 21st, 2018 5:51 AM
Author: Aphrodisiac chad pisswyrm

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: Obsidian hateful giraffe gas station



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



Reply Favorite

Date: January 21st, 2018 1:13 PM
Author: shimmering beta principal's office coldplay fan



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



Reply Favorite

Date: January 21st, 2018 1:16 PM
Author: talented stage corn cake



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



Reply Favorite

Date: January 21st, 2018 2:06 PM
Author: glittery forum



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



Reply Favorite

Date: January 21st, 2018 1:16 PM
Author: Mewling Elastic Band

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: twinkling box office puppy

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: Aphrodisiac chad pisswyrm

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: spruce tanning salon newt

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: Aphrodisiac chad pisswyrm

Lmao

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



Reply Favorite

Date: January 21st, 2018 1:17 PM
Author: Elite unhinged bawdyhouse yarmulke

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: glittery forum

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: Burgundy Site Headpube

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: cerise exhilarant pozpig den

*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: aromatic theater

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: cerise exhilarant pozpig den

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: glittery forum

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: aromatic theater

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: glittery forum

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

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