Gift Cards
- Thread starter isufbcurt
- Start date
I always figured it was something to do with shady people being able to dispute/deny charges on gift cards and getting "free" money. No idea if that's actually true
ok? It costs them money when I buy groceries or gas with it too.
As I tell my clients CC fees are a cost of business.
My guess is all the credit cards that give 2% etc, back to the cardholder. That 2% comes from the merchant and if they don't charge a fee it wouldn't make much sense to sell a $100 gift card for $98 + the cost of the transaction
But think of how many gift cards that dont get used.
I Have not been able to buy a Casey’s gift card with a credit card for several years at my local store
My wife tried it at Casey's today and was told she couldn't, it was the first time we'd ever tried at Casey's. But we've bought gift cards at HyVee on cc for a long time, heck I just bought a bunch at Xmas.
We don’t have a hyvee close so I’m clueless with them. Only Casey’s. Wish quik star would come in and run Casey’s out of town.
My guess would be the % of cards not used has gone down, thus making it less profitable. To the point where the 4% fee on credit cards makes it not worth doing.
Same thing, but stated oppositely - trying to increase profit margin on gift cards.
Personally, I am not a fan of gift cards. Cash can be used anywhere, and doesn't get lost or misplaced nearly as easily as a gift card can.
Casey’s had a deal where they zapped your gift card a buck a month after 30 days if not used. So if you got a $5 card and forgot for a couple months, it was zeroed out.
They also purged their cards a few years back. We have several for some odd reason, took them up there last year and all of them couldn’t be read by the current system so they were all invalid. I know a few were for $25
Casey’s clerk cursed me out for trying to buy one with a credit card. She pointed at a sign near cards on other end of counter where there was no cashier. Told her I picked it up off a rack by the door. She insisted there was a sign there too. I insisted there wasn’t. She then marched me back to the rack to point out the nonexistent sign, cursed at me some more, and said someone must have stolen the sign. I am sure people flock to Casey’s to steal dumbass signs about not buying gift cards with credit cards.
Casey's is upset about falling down the totem pole in the metro.
K&G > Kwik Star, QT > Casey's > Git n GO
It makes alot of sense if you think about it. Paying for something that isn’t really money with something you haven’t paid off yet, with an account you had to open by not putting any money into.
K&G is no way near Kwik Star or QT.