Use Those Gift Cards - Page 2

Gemini Cricket · 03-07-2008, 01:20 PM

Okie Dokie, Smokey.
Jamba Juice it is. I haven't had me some wheat grass juice in quite some time.

I received an online gift card just recently. I used it so fast that the ink was still wet.

I Heart Disneyland · 03-07-2008, 01:24 PM

Thankfully I have none in my wallet. OH WAIT! I just bought a $100 one to DL last week! Hope they don't go out of business!

€uroMeinke · 03-07-2008, 02:21 PM

I wish I never used the Applebees gift card I got.

I like the idea of €uros though

Kevy Baby · 03-07-2008, 02:32 PM

I hear on the news this morning (though I see nothing on the Sharper Image Web Site to corroborate) that SI will honor gift cards, but 1) you have to use the card on a single purchase, and 2) the value of the item must be at least twice the value of the card (I don't know of the TOTAL purchase needs to be 2X or if a single item needs to be 2X).

Cadaverous Pallor · 03-07-2008, 05:00 PM

This Sharper Image thing is unrelated to the "expiration date" issue.

I'm just really happy that SI is going bankrupt because the slid so far down the hill in the last few years quality-wise. My ancient gift cards sit unused in my purse because I don't want the crap they now sell.

Kevy Baby · 03-07-2008, 05:02 PM

Quote:

Originally Posted by Cadaverous Pallor

This Sharper Image thing is unrelated to the "expiration date" issue.

The OP linked a story about cards becoming worthless when companies go belly up. The lead company in the story was SI.

Ghoulish Delight · 03-07-2008, 05:05 PM

Quote:

Originally Posted by Kevy Baby

The OP linked a story about cards becoming worthless when companies go belly up. The lead company in the story was SI.

Yes, which is an entirely separate issue from expiration dates or maintenance fees.

BarTopDancer · 04-12-2008, 09:53 AM

Linens n Things

frodo potter · 04-12-2008, 04:52 PM

The down side for companies that issue gift cards is that because they don't expire they have to wait a long time, usually 10 years, before they can declare a gift card that has not been redeemed as profit.

Until that time it is a loss for the company. With so many people buying gift cards these days and so many people never spending them it becomes difficult for medium size companies to deal with that loss on the spread sheet. How do you go to the investors and say
"Hey we sold $100,000 in gift card last month so we are $100,000 in the red and will be for the next 10 years, yea we have the money but we can't 'spend it' since it isn't 'ours." It would be much simpler if people just spent the gift cards when they got them or if people just gave cash instead of a gift card.

Cadaverous Pallor · 04-12-2008, 08:41 PM

Is it really true that they have a bank account full of the cash used to purchase gift cards and they can't touch it?? I don't believe that...

03-07-2008, 01:20 PM	#11
Gemini Cricket ... Join Date: Jan 2005 Posts: 13,244	Okie Dokie, Smokey. Jamba Juice it is. I haven't had me some wheat grass juice in quite some time. I received an online gift card just recently. I used it so fast that the ink was still wet.
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03-07-2008, 01:24 PM	#12
I Heart Disneyland Hearts the Beatles!!!!! Join Date: Mar 2008 Location: Seattle bayyyyyyybe! Posts: 49	Thankfully I have none in my wallet. OH WAIT! I just bought a $100 one to DL last week! Hope they don't go out of business! __________________ All You Need Is Love...Love Is All You Need!
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03-07-2008, 02:21 PM	#13
€uroMeinke L'Hédoniste Join Date: Jan 2005 Location: A.S.C.O.T. Posts: 8,671	I wish I never used the Applebees gift card I got. I like the idea of €uros though __________________ I would believe only in a God that knows how to Dance. Friedrich Nietzsche
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03-07-2008, 02:32 PM	#14
Kevy Baby Chowder Head Join Date: Jan 2005 Location: Yes Posts: 18,500	I hear on the news this morning (though I see nothing on the Sharper Image Web Site to corroborate) that SI will honor gift cards, but 1) you have to use the card on a single purchase, and 2) the value of the item must be at least twice the value of the card (I don't know of the TOTAL purchase needs to be 2X or if a single item needs to be 2X). __________________ The thing about quotes on the internet is that you cannot verify their validity. - Abraham Lincoln
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03-07-2008, 05:00 PM	#15
Cadaverous Pallor ohhhh baby Join Date: Jan 2005 Location: Parental Bliss Posts: 12,364	This Sharper Image thing is unrelated to the "expiration date" issue. I'm just really happy that SI is going bankrupt because the slid so far down the hill in the last few years quality-wise. My ancient gift cards sit unused in my purse because I don't want the crap they now sell. __________________ The second star to the right shines in the night for you
	Submit to Quotes

04-12-2008, 09:53 AM	#18
BarTopDancer Prepping... Join Date: Jan 2005 Location: Here, there, everywhere Posts: 11,405	Linens n Things __________________ Spork is the new MacGyver Postcards From My Edge
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04-12-2008, 04:52 PM	#19
frodo potter Member Join Date: Jan 2005 Posts: 84	The down side for companies that issue gift cards is that because they don't expire they have to wait a long time, usually 10 years, before they can declare a gift card that has not been redeemed as profit. Until that time it is a loss for the company. With so many people buying gift cards these days and so many people never spending them it becomes difficult for medium size companies to deal with that loss on the spread sheet. How do you go to the investors and say "Hey we sold $100,000 in gift card last month so we are $100,000 in the red and will be for the next 10 years, yea we have the money but we can't 'spend it' since it isn't 'ours." It would be much simpler if people just spent the gift cards when they got them or if people just gave cash instead of a gift card.
	Submit to Quotes

04-12-2008, 08:41 PM	#20
Cadaverous Pallor ohhhh baby Join Date: Jan 2005 Location: Parental Bliss Posts: 12,364	Is it really true that they have a bank account full of the cash used to purchase gift cards and they can't touch it?? I don't believe that... __________________ The second star to the right shines in the night for you
	Submit to Quotes