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?
$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.