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16380437 No.16380437 [Reply] [Original]

I have a credit card arbitrage idea which could make me millions of dollars but there is one small catch. I need to find a sustainable way to redeem $100 gift cards for $100 cash at scale. How the fuck can I do this?

>> No.16380473

>>16380437
>Implying I will help criminal scum

>> No.16380481
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16380481

>>16380437
Fucking glo fags on this board. Go away cunt

>> No.16380489

>>16380437
You should quit being a scammer

>> No.16380505 [DELETED] 

>>16380437
probs illegal and a violation of TOS, you will get caught for any amount over 10k and fucked up in terms of access to financial services for the better part of a decade

that said buying gift cards at scale is very easy, if you can't figure it out, you don't deserve your arbitrage

>> No.16380517

If anyone here knew how to do it, they wouldn't tell you, would they?

>> No.16380563

>>16380437
Last time I got a VISA gift card for $100 there was a 6% fee.

>> No.16380589

>>16380437

I assume you plan on taking advantage of promotions?

>Retailer offers you a $25 giftcard, if you purchase a $100 giftcard
>you sell the $100 giftcard for $100 cash and use it to pay off your credit card balance
>you still have $25 card.

I've seen druggies hound customers at stores. They try to trade customers cash for their card.

>> No.16380628

>>16380589
Plus cash back on the cards.

>> No.16380677

There's websites where you can sell gift cards, though the whole point is offering a lower price than their face value since no one is going to bother unless they're getting a deal

Believe it or not, every retailer who sells giftcards works on the same principal, so become a massive online presence and gift card vendors will commission you for each sale.

Whatever your idea is is probably completely unrealistic and retarded and it's the reason why you're whining here about the logical wall you're trying to pass