{"id":14206,"date":"2016-06-21T09:00:36","date_gmt":"2016-06-21T13:00:36","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=14206"},"modified":"2016-06-21T02:42:42","modified_gmt":"2016-06-21T06:42:42","slug":"the-economics-of-starbucks-cards","status":"publish","type":"post","link":"http:\/\/www.Centives.net\/S\/2016\/the-economics-of-starbucks-cards\/","title":{"rendered":"The Economics Of Starbucks Cards"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-14207\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2016\/06\/starbucks_gold1-1024x682.jpeg\" alt=\"starbucks_gold[1]\" width=\"640\" height=\"426\" srcset=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2016\/06\/starbucks_gold1-1024x682.jpeg 1024w, http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2016\/06\/starbucks_gold1-300x200.jpeg 300w, http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2016\/06\/starbucks_gold1-768x511.jpeg 768w, http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2016\/06\/starbucks_gold1.jpeg 1600w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/>Shane Ferro looked at some startling Starbucks numbers:<\/p>\n<ul>\n<li>Starbucks has a card system that people can pre-load money on and use to pay for drinks.<\/li>\n<li>Customers have pre-loaded $1.2 <strong>billion<\/strong> worth of unspent cash.<\/li>\n<li>Assets of that size mean that Starbucks is actually one of the larger banks in the United States.<\/li>\n<li>Unlike other banks Starbucks doesn&#8217;t have to pay interest to depositors.<\/li>\n<li>However it can invest that money in other ventures earning itself a tidy investment return.<\/li>\n<li>Customers, in essence, have given Starbucks a $1.2 billion interest fee loan.<\/li>\n<\/ul>\n<p>Read more <a href=\"http:\/\/www.huffingtonpost.com\/entry\/starbucks-gift-cards-12-billion_us_5762fab0e4b0df4d586f975b\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.huffingtonpost.com\/entry\/starbucks-gift-cards-12-billion_us_5762fab0e4b0df4d586f975b\">Huffington Post<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shane Ferro looked at some startling Starbucks numbers: Starbucks has a card system that people can pre-load money on and use to pay for drinks. Customers have pre-loaded $1.2 billion worth of unspent cash. Assets of that size mean that Starbucks is actually one of the larger banks in the United States. Unlike other banks [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14207,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2016\/06\/starbucks_gold1.jpeg","_links":{"self":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/14206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=14206"}],"version-history":[{"count":1,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/14206\/revisions"}],"predecessor-version":[{"id":14208,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/14206\/revisions\/14208"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/14207"}],"wp:attachment":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=14206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=14206"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=14206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}