Don’t credit cards usually give 21 days of interest free grace period? So this is over ~9 days worth of interest? Fuck them for that? Not fuck them for exploiting gambling addiction, but for not giving the consumer their two quarters worth of interest?
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Cake day: June 12th, 2023
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Your username checks out, lol. At 5% APR, 30 days’ worth of interest on this $390 purchase is ~$1.63.
And if we consider that Nike is acting as a bookmaker in this case, the house edge for a bookmaker is around that amount anyway. Nike is likely to bake this edge into their margin anyway, but I don’t think it’s likely that you’d get a bonus of $1.63 if you win this bet, in this hypothetical.
Do they get interest for the product you held during the return period?
So like, how do refunds work?
You “flip” the coin at any time during the eligible refund period, but the result is only revealed after the refund period has expired.
$5 item, free shipping but it crosses the ocean on the back of the next available sea turtle, and if you have any issues they’ll send you a replacement component and a loose guide on how to desolder the old component and solder the new component.