expiredwileysmiley posted Sep 01, 2025 07:08 AM
Item 1 of 4
Item 1 of 4
expiredwileysmiley posted Sep 01, 2025 07:08 AM
Costco Members: $100 inKind Restaurants, Bars, Café eGift Card (Email Delivery)
$65
$100
35% offCostco Wholesale
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from SmilingMallard5863
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For anyone wondering how this inKind deal works, it's not a typical gift card but a clever financing model. inKind gives a restaurant cash upfront by pre-purchasing its future meals at a massive discount, often for around 50 cents on the dollar (e.g., paying $50,000 for $100,000 in credit). They then sell that $100 of dining credit to us at Costco for $65, making their profit on the 15-cent spread. Most of the risk to this whole scheme is on the buyer, the restaurants change with some frequency, so make sure you use credits fast. They are also banking you won't use the gift card (like many gift card discounts), which means the restaurant will never have provide a discounted service.
interesting. how did you figure out these details. restaurant margins are so thin. this seems so risky. i wonder if restaurants are happy to use inkind long term or end up regretting it
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I ordered Friday night and still waiting to get my codes. Usually they are quick at sending them. Anyone else's taking a while?
Did you have any luck? Costco cancelled my order without explanation. I just put in another and still no codes
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