AARP HAL card……10%

[Gunther1]

Who is eating/paying  the 10% discount on these cards……AARP or HAL ?

 

 

[Gail & Marty sailing away]

4 hours ago, Gunther1 said:

Who is eating/paying  the 10% discount on these cards……AARP or HAL ?

 

 

I would guess HAL pays the 10% plus... AARP must get a penny from it. Plus the Fee from the credit card company's.

[POA1]

Since the purchaser a dollar for 90 cents, and the AARP makes money off the gift card program, I would expect that HAL is "eating" 12 - 13 cents on every dollar. The AARP isn't an altruistic organization, dedicated to paying for geezers' vacations.  Their gift card programs are a money maker for them.

Edited January 18 by POA1

[Real NHDOC]

HAL absorbs the discount in return for an interest free loan AND keeping all of the “breakage” (the term used for unused cards and balances left unused on partially used cards) which is probably a lot more than 10%. 
 

Having said that it’s a great deal for those of us who “buy and use” them and keep meticulous records to make sure no balances remain. 

Edited January 18 by Real NHDOC

[Gail & Marty sailing away]

3 hours ago, Real NHDOC said:

HAL absorbs the discount in return for an interest free loan AND keeping all of the “breakage” (the term used for unused cards and balances left unused on partially used cards) which is probably a lot more than 10%. 
 

Having said that it’s a great deal for those of us who “buy and use” them and keep meticulous records to make sure no balances remain. 

Hall is depending on ( breakage)