Interest Check: Cashing out your gift cards for a small fee
Before I move forward with an idea I have, I would like to check the pulse of the forum's elite MSers to see if there is any interest in an avenue that would allow unlimited cashing out of gift cards for 0.5-0.75% fee. No chance of shut down, etc. No need to be careful - well, except for how you acquire the GCs. I mean no need to be careful and tiptoe when liquidating.
No promises about when this would be made available or what your qualifications would need to be to be accepted into the program. But I just want to take the temperature of the forum. Not viable under 0.5% fee, so it comes down to if that cost is acceptable to some of you for unlimited liquidation into your bank account. Just from a high-level financial perspective.
Edit: Please do not PM me about this for now. It is just an idea. I cannot guarantee I will go forward with it. I have a general business model in mind but I need to iron out the details and set up the legal entity. I am just checking for interest so I do not waste my time and money in starting up and paying the start-up fees which are not minor so that I can do this for you as customers.
Last edited by FrequentFlyer9000; Feb 14, 2014 at 2:42 pm