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Old 06-06-2015, 12:54 PM   #32528 (permalink)
fiddler
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Originally Posted by Engine View Post
I'm still confused. How can the store get credit for $15K and then give you the $15K to hand out? Wasn't the store told to destroy the cards b/c the value of those cards + the credit the store got from the card factory = $30K?
No. Here's why: the gift cards have no set amount to them, they're the ones you have to load when you buy them. They were shipped a batch which had already been pre-loaded & activated, but the store did not purchase the cards with the $100 on them, they were purchased at cost for whatever cost would be on the cards (significantly less). So the store reported this to the company who provides the cards, who told the store that they couldn't be inactivated and so the company who made the cards is out the money, not the store. The company who made the cards told the store to destroy them in "any appropriate manner". So the store choose to donate them.
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