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"Directly"? Isn't the point that they get to invest the money their customers add to their cards, for whatever time Starbucks hold it? That some customers also fail to redeem the balance is for them a bonus, but not what the "Starbucks is a bank" comment addresses.


> That some customers also fail to redeem the balance is for them a bonus

Starbucks does not get to keep unredeemed balances indefinitely in most US states!


Oh? I did not know that. What happens to un-redeemed balances? After how long?

Regardless, the underlying point remains. They'll profit from the float until whatever it is they have to do happens.




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