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Clothing Gift Cards on Ebay

post #1 of 14
Thread Starter 
I bought a Brooks Brothers gift card on Ebay for 400 dollars on a 500 value. A store clerk told me that what happens is something is stolen and then returned without a receipt, they then issue them a gift card and in order to get cash for it they put it on ebay. My question is do you think this is the source of most gift cards like that? The person I bought one from listed another a week ago. I can't think of many legitmate reasons a person would sell at 20% discount mutiple times. Mine was for an even amount though. If it were stolen I would think it would be something like 498.98 or something, they don't sell anything at 500 even. I tryed to get my card changed because someone could still use the number on the phone or internet but the Customer service told me to go to the store and the store told me to call customer service. I am going to call them back.
post #2 of 14
The only thing I can think of is that it is an employee making the cards and selling them.
post #3 of 14
I doubt they are stolen, I imagine most of the time they can be from returns, and sometimes they have, say $980.21 in store credit, and they get more than one gift card, one for $500 and one for the balance, other times, they may get a gift card as a gift and prefer cash.
post #4 of 14
It could be a case of someone cashing in a rewards program like AmEx has, or one of the other credit cards. One of the guys at my old job would routinely spend 5 figures on his corporate card per month. I am not sure the company had a rule about cashing out points. If it was a perk he was entitled too, he could be buying a couple suits a year from his activity, without having to pay a dime. I would be worried if someone else has access to the gift card # though. Just a thought.
post #5 of 14
I have been offered gift cards at a number of major NY stores at 50% face value. They are obtained through the use of stolen credit cards. I would not purchase one unless I knew exactly how the owner obtained it and that it is legit. Many people believe buying something you know may be stolen is no different than stealing it yourself.
post #6 of 14
Quote:
Many people believe buying something you know may be stolen is no different than stealing it yourself.
...including many police officers, judges, etc.
post #7 of 14
Thread Starter 
The guy I bougth from has sold a lot of these cards and 1 J Crew, but he is selling others stuff I don't think would be stolen, so who knows? I am still having a problem getting the card switched to another number. Customer Service said no, I called back the manager of the a local store and she is going to talk to some one and get back to me. I think I could go buy something and take it back and get a new card that way, but it seems there should be an easier route. It is probably ok, if the person was going to use it he would already have done so by now. I just think when you deal with the unknown on ebay you should be cautious. Ed13: I think if it was with stolen credit cards there would be a link to the gift card number so they could be traced. But you are right if they are gotten dishonestly they should not be bought.
post #8 of 14
Gift cards are often given away in promotions, etc. My roommate sold a $500 Barney's gift card since he much preferred cash to any Barney's merchandise. That is to say, at least some of those are legit. dan
post #9 of 14
True, maybe the guy got a few of them as gifts for graduation or something like that.
post #10 of 14
The more cards someone has the more cautious I would be. When you cash in the gift card, I would suggest you not take your girlfriend/wife or anyone who's opinion is important to you just in case store security wishes to have a few words.
post #11 of 14
Thread Starter 
Quote:
When you cash in the gift card, I would suggest you not take your girlfriend/wife or anyone who's opinion is important to you just in case store security wishes to have a few words.
That won't be an issue, the card has been checked for value, and I have talked to the manager and customer service. No one even suggested it could be revoked. I told them I got it on ebay and they didn't ask me anything more. The clerk was just telling me a concern they have. If a card were to be obtained the way it was suggested, the time they take back the merchandise and issue they card is when they would be able to deal with that. After that it is as good as cash. If they think it is a problem, I guess they are balancing good customer service by taking receiptless returns with the chance of theft. The manager just called me back to say they won't change the card number.
post #12 of 14
Quote:
I have been offered gift cards at a number of major NY stores at 50% face value.  They are obtained through the use of stolen credit cards.  I would not purchase one unless I knew exactly how the owner obtained it and that it is legit.
Many stores require photo IDs when gift cards are purchased with credit cards.
post #13 of 14
How do you know this won't be a fake if you buy it via the internet? It seems you would need to rely on feedback, and yet it doesn't sound right if you had a person selling multiple gift cards. At least, with something material, you can demand on seeing pictures, etc...
post #14 of 14
I work at a chain clothing store on the weekends, and I can buy gift cards at 30% off. So I suppose that I could sell a card worth $500 for $400 and make a $50 profit (since the card only cost me $350 after my 30% discount). I'm not sure if that would qualify as stealing, although my employer would definitely consider it discount abuse.
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