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  1. #1
    Member
    Join Date
    Nov 2011
    Location
    Coral Springs, Florida
    Posts
    10,871

    Starbucks as a Bank

    Thought this was interesting. Making money on the float.


  2. Member
    Join Date
    Nov 2013
    Posts
    16,927
    #2
    Yep ... even with the rules against expiration dates, the "lost and unused" portion is appreciable.
    Float isn't so important nowadays, probably doesn't offset the cost of sales and card production.
    Either way, Starbucks is making the bucks. Along with nearly everyone else in the preload game.