agent006140 | 01-26-2020 09:08 AM | retail arbitrage is rampant on Ebay,you will be shut down once they find out-
definition of retail arbitrage per Ebay-
accepting money from a retail customer on Ebay,use his money to place order with another retailer and ask him to ship .
In your case ,I assume you would be using his money to buy discount giftcards,you are running extra risk as these cards could be fraudulent.
if it sounds too good to be true,then it is.
WMT cards ,you can shop at WMT,why would anyone sell them at steep discount.
There are legit gift cards for sale,not at such a discount,but 5-15%
I apply for a credit card with UAL and spent $3k,I earned enough miles to redeem them with Lowe and end up with 4 LOWE gift cards -$50,$50,$50 and $57(total $207).
Since it costs me nothing,I can sell them at discount on Ebay.
But I need a dishwasher so I used it towards purchase of a dishwasher.
UAL miles can be redeemed for merchant gift cards .
There are some flyers sitting on 6-7 figures of airline miles,with COV19 ,they could redeem these miles for merchant gift cards and sell them on Ebay. |