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Why can't I use an Ebay gift card for Bullion anymore?
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<p>[QUOTE="-jeffB, post: 2604481, member: 27832"]I'm sure someone, somewhere, realized that an eBay/Kroger customer could generate a (tiny and labor-intensive) labor stream this way:</p><p><br /></p><p>1) Open an eBay Store, which grants you a 6% FVF on items in the Coin category.</p><p><br /></p><p>2) Buy gift cards with an offer like Kroger's (buy $250 worth of gift cards, get $1.00 off per gallon of gas on one fill-up of up to 35 gallons, for a savings of $35).</p><p><br /></p><p>3) Sell coins to yourself (with non-PayPal "payment", of course) for $250 at a total FVF cost of $15.</p><p><br /></p><p>4) Profit!</p><p><br /></p><p>...<i>very</i> slowly. If you've only got a 20-gallon tank, you only make $5 per cycle, even if you've drained it dry before you fill up. And you've got to earn back the $20/month store fee.</p><p><br /></p><p><b>But that <i>still</i> doesn't make sense</b>, because you could just as easily sell yourself computers and tablets, where the FVF for a store is just <b>4%</b>! At that rate, you'd only be paying $10 FVF per $250.</p><p><br /></p><p>So I think it must come down to this: Someone at eBay decided that people were using Coins and Paper Money as a way to essentially cash in eBay gift cards. As I hope I've just shown, this is stupid and wrong, but I know of no way to convince the people making the decisions.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2604481, member: 27832"]I'm sure someone, somewhere, realized that an eBay/Kroger customer could generate a (tiny and labor-intensive) labor stream this way: 1) Open an eBay Store, which grants you a 6% FVF on items in the Coin category. 2) Buy gift cards with an offer like Kroger's (buy $250 worth of gift cards, get $1.00 off per gallon of gas on one fill-up of up to 35 gallons, for a savings of $35). 3) Sell coins to yourself (with non-PayPal "payment", of course) for $250 at a total FVF cost of $15. 4) Profit! ...[I]very[/I] slowly. If you've only got a 20-gallon tank, you only make $5 per cycle, even if you've drained it dry before you fill up. And you've got to earn back the $20/month store fee. [B]But that [I]still[/I] doesn't make sense[/B], because you could just as easily sell yourself computers and tablets, where the FVF for a store is just [B]4%[/B]! At that rate, you'd only be paying $10 FVF per $250. So I think it must come down to this: Someone at eBay decided that people were using Coins and Paper Money as a way to essentially cash in eBay gift cards. As I hope I've just shown, this is stupid and wrong, but I know of no way to convince the people making the decisions.[/QUOTE]
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Why can't I use an Ebay gift card for Bullion anymore?
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