I cover a lot of gift card deals on this blog, as they are great for reselling. Today I was alerted to quite possibly the worst gift card deal I’ve ever seen. Starbucks is selling a metal & ceramic Starbucks Card for $200 and it comes preloaded with $50 in Starbucks credit.
That means you’re paying $150 for the physical gift card. If you’re interested in this deal, you might want to hurry because stocks are limited (you actually might want to see a mental health professional)!!!! Starbucks actually has a history of these types of deals, they’ve offered the following in the past:
I guess if your customers are stupid enough to pay a 300% mark up on a gift card (and I guess Starbucks are pretty used to 300%+ markups), you’re going to continue to produce and sell them. To be fair to Starbucks, this card is reloadable and obviously meant to be a fashion accessory more than anything else. It’s just like how people like the allure of having a Platinum American Express card.
The comments from various sites are absolutely hilarious though, some highlights:
It should come with a special gift card “Congratulations, Mom! Your kid is innumerate
Antique Road Show, 2544: “This is an interesting piece”. “Yes, that is a ceramic gift card from the Obama era. Notice the laser etching floral details and satin ceramic finish.” “Laser etching? It’s a marvel that ancient societies could produce such detail with only primitive tools.” “Indeed. I value this piece at two billion dolllars.” “Oh. I was hoping it was worth something.” “Sorry.”
“Repped; in for two !!” Slow down there haus. “Limit 1 per customer”
I live in a “traditional/frugal” Asian American family setting. I would literally be disowned if I bought this for my mother…
