why giftcards = EVIL

Discussion in 'General Discussion' started by kronos, Mar 3, 2008.

  1. kronos

    kronos PSN = KRONOSX1

    Joined:
    Apr 4, 2005
    Posts:
    1,819
    News Credits:
    1
    Trophy Points:
    176
    Likes:
    +1
    SOURCE
     
  2. rattrap007

    rattrap007 Insert witty comment here TFW2005 Supporter

    Joined:
    Aug 18, 2002
    Posts:
    14,878
    News Credits:
    6
    Trophy Points:
    297
    Likes:
    +36
    Well maybe if Sharper Image didn't charge an arm and a leg for everything, they might do more business...
     
  3. GW_Freak

    GW_Freak Banned

    Joined:
    Dec 30, 2007
    Posts:
    1,835
    Trophy Points:
    126
    Likes:
    +0
    Actually, this is why not using a gift card you are given right away = stupid.
     
  4. Moonstreaker

    Moonstreaker The Evil Triplet

    Joined:
    Mar 24, 2007
    Posts:
    3,057
    Trophy Points:
    151
    Likes:
    +0
    Ebay:
    That's why I have resorted to only giving Visa gift cards from my Credit Union.
     
  5. Chaos Muffin

    Chaos Muffin Misadventure Veteran

    Joined:
    Mar 26, 2004
    Posts:
    28,751
    Trophy Points:
    322
    Likes:
    +4
    Never liked giftcards, the change left over is a hassle to deal with.

    They're sure easy to get other people though when I have no clue wtf they want
     
  6. Codimus Prime

    Codimus Prime Missouri Toy Hunter

    Joined:
    Jul 14, 2006
    Posts:
    3,515
    Trophy Points:
    186
    Likes:
    +0
    I've seen 2 businesses in my hometown go out of business after the Holidays... both sold several thousands of dollars in giftcards. What an ugly situation....
     
  7. kronos

    kronos PSN = KRONOSX1

    Joined:
    Apr 4, 2005
    Posts:
    1,819
    News Credits:
    1
    Trophy Points:
    176
    Likes:
    +1

    I do this as well. I mean it really makes gift giving allot easier.
     
  8. MegaMoonMan

    MegaMoonMan www.megamoonman.com TFW2005 Supporter

    Joined:
    Jul 13, 2004
    Posts:
    17,235
    News Credits:
    3
    Trophy Points:
    322
    Likes:
    +29
    Ebay:
    YouTube:
    Gift Cards take good money and ruin it. I hate 'em, but I get a lot of them as gifts to places I shop a lot (like Target), so they aren't entirely useless.
     
  9. Prisoner1138

    Prisoner1138 TFW2005 Supporter

    Joined:
    Jul 3, 2007
    Posts:
    2,018
    News Credits:
    1
    Trophy Points:
    181
    Likes:
    +1
    Gift cards are alright, as long as they're from a store anyone would consider shopping at normally. Hell, if I end up using a gift card on groceries, there's nothing wrong with that.

    Target, walmart, best buy maybe. The crap like itunes or sharper image gift cards are annoying because I'd never go there in the first place, and then I'm stuck trying to come up with something to buy from there. These things I usually just end up re-gifting(don't get started about seinfeld) to someone else. I actually wound up with an itunes gift card from work last christmas that wound up being the same amount we were gonna spend on a white elephant gift party elsewhere, so I just bought a new card to put it in, the person who ended up with it was pretty disappointed, oh well.

    And yes, stores LOVE to sell giftcards, because they already have the cash and people can lose them, or just forget about them.
     
  10. Team Jetfire

    Team Jetfire Pop-POP!

    Joined:
    Apr 27, 2006
    Posts:
    5,887
    News Credits:
    2
    Trophy Points:
    232
    Likes:
    +13
    Goft cards are great for giving gifts to people when you are unsure what the person likes, or if you are in a hurry.

    fir example if you are going to a wedding and it you don't know the people too well, BAM! Gift card to best buy.

    As for the fiscal benifit to companies: they make a killing on unclamed balances on giftcards.
     
  11. BigPrime3000

    BigPrime3000 Well-Known Member

    Joined:
    Jul 1, 2002
    Posts:
    3,407
    Trophy Points:
    186
    Likes:
    +0
    Yea giftcards are pretty much perfect for the company and shit for the consumer. The company gets a guaranteed transaction with the possibility that the card might never get used, a lot of gift cards actually expire or have money charged off of them if they aren't used fast enough so that gives the company more free money, and practically every company out there refuses to give change when there is only a dollar or less left on the giftcard forcing you to either spend more money to use all the gift card or not use the left over money and just give it to the company.

    They really pushed giftcards when I worked at TRU and every single time they would give the employees a reason to push giftcards at the register it always came down to "This helps us and screws the customers."
     
  12. Deceptikitty

    Deceptikitty all about the hasubandos

    Joined:
    Nov 5, 2007
    Posts:
    4,163
    Trophy Points:
    151
    Likes:
    +0
    I got my friend a gift card for Barnes and Noble, since that place is like Disneyland to her.

    I just want to know how much money those leftover "useless" balances on credit cards (usually under a dollar?) add up to. I have a Starbucks card that still has like one dollar one it.
     
  13. Team Jetfire

    Team Jetfire Pop-POP!

    Joined:
    Apr 27, 2006
    Posts:
    5,887
    News Credits:
    2
    Trophy Points:
    232
    Likes:
    +13
    Millions

    little news item

    There has been some new legislation in canada preventing fees and cancellations of unactive cards...but there is still lots of money floating around.
     
  14. Bryan

    Bryan ΜΟΛΩΝ ΛΑΒΕ

    Joined:
    Sep 8, 2005
    Posts:
    9,020
    Trophy Points:
    211
    Likes:
    +0
    If they want to treat them as loans, they shouldn't call them "gift cards."

    I wish I had a Sharper Image gift card right now, so I could drive to a Sharper Image store, give it to them, then steal an item of equivalent value.
     
  15. Deceptikitty

    Deceptikitty all about the hasubandos

    Joined:
    Nov 5, 2007
    Posts:
    4,163
    Trophy Points:
    151
    Likes:
    +0
    Jeebus, I wouldn't have imagined that much money... Thanks for the link!

    I should just steal people's wallets and take their giftcards. I'd be rich.

    Speaking of rich, who shops at Sharper Image anyway? Don't you need like a monocle and a suit to even get in?
     
  16. Foster

    Foster Super Mod

    Joined:
    Mar 26, 2003
    Posts:
    32,054
    News Credits:
    7
    Trophy Points:
    312
    Likes:
    +11
    At that point it's more like a dollar-off coupon and I use it up as such. I won't toss it unless it's at zero.
     
  17. Deceptikitty

    Deceptikitty all about the hasubandos

    Joined:
    Nov 5, 2007
    Posts:
    4,163
    Trophy Points:
    151
    Likes:
    +0
    Yeah, I still need to use it. I wouldn't throw it away, EVER!
     
  18. Lumpy

    Lumpy Taylor Swift Actionmaster Super Mod

    Joined:
    Sep 3, 2002
    Posts:
    18,919
    News Credits:
    29
    Trophy Points:
    292
    Likes:
    +33
    yeah, im like foster...i'll use a giftcard and just pay whatever left over balance...i used a starbucks card the other day that had 43 cents left on it...and that's 43 cents i didnt have to pay...however i never realy thought about what happens when a business collapses and you;ve got a card...thats scary...
     
  19. Omegatron

    Omegatron Mandatory Fun. Buy it now TFW2005 Supporter

    Joined:
    Jun 29, 2004
    Posts:
    8,092
    News Credits:
    10
    Trophy Points:
    262
    Likes:
    +11
    Ebay:
    On average, a person uses about 80% of a gift card. The other 20% is lost cards, low balances, or just plain forgetfulness. For certain people, gift cards are a great idea. At my theatre, for example, gift cards are a way of saying, "I know you like movies, but I didn't know what specific movie you'd like to see, or the day and time to see it." For retailers, gift cards are the best idea since super-sizing.

    -Tony!
     

Share This Page