Wal-Marts Gift Card Swap Nets You 70% of Card Value

The video discusses Walmart's offer to trade in gift cards for 70% of their value, highlighting the 30% discount as a business strategy. The conversation explores the value of gift cards, the potential for better deals through card arbitrage, and the idea of simply buying items instead. The discussion also touches on Walmart's online price matching and the broader implications of gift card use, suggesting a shift towards digital currency like BitPay for more direct transactions.

What percentage of a gift card's value does Walmart offer when trading it in?

• 50%

• 60%

• 70%

• 80%

What is the discount percentage on a trade-back at Walmart?

• 20%

• 40%

• 30%

• 10%

What factor might influence someone's decision to trade in a gift card?

• The card's design

• The expiration date

• The store of origin

• The color of the card

What strategy is Walmart using to gain an edge over competitors?

• Buying away competitors' business

• Offering free shipping

• Providing gift wrapping services

• Increasing store hours

What alternative to gift cards is suggested in the discussion?

• Cash

• Checks

• BitPay

• Credit cards