RE: Walmart idea
Jun 25, 2004 | 11:43 am
#1
Original Poster
Join Date: Apr 2004
Posts: 231
RE: Walmart idea
Wal-mart gift cards sell for almost full value on eBay. $500 cards sell for about $495. Sometimes they even sell for more than $500 because Sam's members can use them for a gas discount which makes them more valuable.
So there's no risk involved here. Either wal-mart will sell you a money order from the card or you can sell the card on eBay. You'll only be out about $2 for the listing fee.
So there's no risk involved here. Either wal-mart will sell you a money order from the card or you can sell the card on eBay. You'll only be out about $2 for the listing fee.
Jun 25, 2004 | 8:09 pm
#2
Join Date: Jun 2004
Location: All over the place
Programs: AA, DL, UA, TG, US, Priority Club, HHonors, Club Carlson, etc.
Posts: 106
Don't forget ebay's final-value fees ....
Originally Posted by ginandtacos.com
Wal-mart gift cards sell for almost full value on eBay. $500 cards sell for about $495. Sometimes they even sell for more than $500 because Sam's members can use them for a gas discount which makes them more valuable.
So there's no risk involved here. Either wal-mart will sell you a money order from the card or you can sell the card on eBay. You'll only be out about $2 for the listing fee.
So there's no risk involved here. Either wal-mart will sell you a money order from the card or you can sell the card on eBay. You'll only be out about $2 for the listing fee.
$1.30 for the first $25, 2.75% for the rest.
That comes out to about $0.03/mile -- not a good deal IMHO.
Jun 26, 2004 | 5:51 am
#4
Join Date: Jul 2001
Posts: 1,810
Originally Posted by raydon22
Ebay's final-value fees for a $500 sale is almost $15:
$1.30 for the first $25, 2.75% for the rest.
That comes out to about $0.03/mile -- not a good deal IMHO.
$1.30 for the first $25, 2.75% for the rest.
That comes out to about $0.03/mile -- not a good deal IMHO.
Now we're close to 6 cents per mile...
Jun 26, 2004 | 3:35 pm
#5
Join Date: Feb 2001
Location: MCI ** UA Silver, Bonvoy Lifetime Titanium
Posts: 1,297
Actually, Paypal only protects *themselves*
Originally Posted by yanxfann
...as PayPal payments (PayPal payments funded via a credit card give the buyer extra protection should the seller stiff them as they can dispute the transaction with their credit card company). Personally I wouldn't touch a $500 auction that didn't accept PayPal.
More info at http://www.paypalsucks.com/
Jun 26, 2004 | 3:51 pm
#6
Join Date: Apr 2002
Location: MHT/BOS <--> World
Programs: AA Plat 2.8MM
Posts: 4,629
I have filed chargebacks with larger Paypal transacions (laptops) transactions twice in my Paypal history - without them going after me for the money.
I know they will go after a seller's checking account if a charge back is filed against them....but my experience tells me they won't go after a buyer's checking account for filing a chargeback.
In my opinion - Paypalsucks.com is not a reliable source of information. Paypal has done things I don't agree with...but I don't think they are quick as bad as that website portrays.
I know they will go after a seller's checking account if a charge back is filed against them....but my experience tells me they won't go after a buyer's checking account for filing a chargeback.
In my opinion - Paypalsucks.com is not a reliable source of information. Paypal has done things I don't agree with...but I don't think they are quick as bad as that website portrays.
Jun 26, 2004 | 5:08 pm
#7
Join Date: Jun 2004
Posts: 23
Is there a problem returning GC if they are denied for MO or cash? I thought as long as you have a receipt you are safe. So there is no need to use ebay for returning your money. I know you won't get any miles but refunding is a back up in case they refuse
Jun 26, 2004 | 6:19 pm
#8
Original Poster
Join Date: Apr 2004
Posts: 231
Originally Posted by irinagrit
Is there a problem returning GC if they are denied for MO or cash? I thought as long as you have a receipt you are safe. So there is no need to use ebay for returning your money. I know you won't get any miles but refunding is a back up in case they refuse
Worse comes to worse, just return it........but I should note that I just got home from Walmart with a $1000 money order from a gift card....no problems!