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frontpageAlpie01023 posted Today 05:30 PM
frontpageAlpie01023 posted Today 05:30 PM

inKind Offer: Your Next Meal

$25 Off $50+

inKind
30 Comments 5,356 Views
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Deal Details
inKind offers $25 Off Your Next $50+ Meal when you enter your phone number to claim the offer.

Thanks to community member jeffyor for sharing this deal.

Note: Check the location list for eligible restaurants, bars & cafés near you. Your offer will be auto-applied when you use the inKind app (iOS or Android) to seamlessly pay your bill from your phone.

Editor's Notes

Written by qwikwit | Staff
  • Offer expires 10/31/25.
  • This offer matches the recent and popular Frontpage Deal, which received +118 community votes.

Original Post

Written by Alpie01023
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
inKind offers $25 Off Your Next $50+ Meal when you enter your phone number to claim the offer.

Thanks to community member jeffyor for sharing this deal.

Note: Check the location list for eligible restaurants, bars & cafés near you. Your offer will be auto-applied when you use the inKind app (iOS or Android) to seamlessly pay your bill from your phone.

Editor's Notes

Written by qwikwit | Staff
  • Offer expires 10/31/25.
  • This offer matches the recent and popular Frontpage Deal, which received +118 community votes.

Original Post

Written by Alpie01023

Community Voting

Deal Score
+53
Good Deal
Get Deal at inKind

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29 Comments

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Today 05:36 PM
4,365 Posts
Joined Mar 2007
TheJerkStoreCalledToday 05:36 PM
4,365 Posts
really nervous to be sitting on all those discounted gift cards from Costco given the flurry of deals lately
1
Today 05:49 PM
116 Posts
Joined Oct 2007
MarMarLlamaToday 05:49 PM
116 Posts
Quote from TheJerkStoreCalled :
really nervous to be sitting on all those discounted gift cards from Costco given the flurry of deals lately
How many did you get?!
Today 06:13 PM
360 Posts
Joined Nov 2005
IcrackcornToday 06:13 PM
360 Posts
For those of you that already used the $25 off $50 a week or two ago, this is a new offer. I used the previous discount on Saturday and was able to claim this new offer today.
Today 06:14 PM
1,004 Posts
Joined Mar 2007
doglover1Today 06:14 PM
1,004 Posts
Thank you!
Today 06:16 PM
855 Posts
Joined Dec 2008
p00hdiddyToday 06:16 PM
855 Posts

Our community has rated this post as helpful. If you agree, why not thank p00hdiddy

Quote from TheJerkStoreCalled :
really nervous to be sitting on all those discounted gift cards from Costco given the flurry of deals lately

I bought 500 this last go around.

I've cycled through a few thousand already.

FYI, these deals flying around right now are nothing like what was flying around even earlier this year. They were literally giving 50 off 50, 50 off 100 all sorts of heavy discounts. That doesn't even count the restaurant specific pieces.

PROTIP: Go to the website of a restaurant you want to go to that is on the platform. Often on the home page it'll pop up with an offer. YOu punch in your ph/email and you'll get a resto specific coupon. from 15/45, 25/50, 25/75, 30/90 all the way up to 50/150.
2
Original Poster
Today 06:21 PM
52 Posts
Joined Dec 2010
Alpie01023
Original Poster
Today 06:21 PM
52 Posts
The entire concept is pretty interesting. A restaurant in need of cash gets a $20k infusion (just using this as an example) into its business. In exchange, they agree to $40k (appears to be a minimum of 2x the original loan amount) in store credit to be used to repay the loan. InKind uses the $40k in store credit to offer 20% cashback, $25 off $50 coupons, discounted GCs, selling giftcards through Costco promotions, etc, to repay the loan they made to the business. Any overages on a check inKind pockets when you pay through their app.

In reviewing the restaurant marketing materials online, 2x the loan amount in store credit appears to be the minimum starting point for the loan from what I gather, but depending on, I'm assuming, how desperate the business is for cash, etc, there may be worse multipliers a business could consent to, to secure their loan.

The restaurant benefits from an immediate cash flow improvement that smooths out rough spots, especially when a traditional loan approval is probably unlikely (since they are struggling). Additionally, it serves as a form of marketing for their business. New customers are enticed to come try places they otherwise wouldn't have. Once the debt is repaid and the restaurant is no longer on inKind, the business may gain a new customer, provided the experience was positive and you're inclined to return.

Not sure if every restaurant's margins can support this sort of arrangement, but overall, it will probably keep some struggling businesses afloat when a cash flow crunch might have otherwise caused them to close their doors.

I wouldn't be too worried about inKind running deals, etc. These sorts of incentives appear to be baked into the business model. Plus, they seem to be backed by some extremely deep pockets, given that they are making these large initial loans to hundreds of restaurants/bars throughout the country to begin with.
Today 06:31 PM
14,365 Posts
Joined Feb 2007
sarcasmogratisToday 06:31 PM
14,365 Posts
Quote from p00hdiddy :


I bought 500 this last go around.

I've cycled through a few thousand already.

FYI, these deals flying around right now are nothing like what was flying around even earlier this year. They were literally giving 50 off 50, 50 off 100 all sorts of heavy discounts. That doesn't even count the restaurant specific pieces.

PROTIP: Go to the website of a restaurant you want to go to that is on the platform. Often on the home page it'll pop up with an offer. YOu punch in your ph/email and you'll get a resto specific coupon. from 15/45, 25/50, 25/75, 30/90 all the way up to 50/150.
I thought those restaurant specific coupons were only for new users/sign up bonuses? Have you been able to add them to an existing account ? Or do you just keep making new accounts 😆

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Today 06:34 PM
191 Posts
Joined Feb 2008
hawaiian2008Today 06:34 PM
191 Posts
You have to opt in to receiving marketing text messages. Not worth it for me.
2
Pro
Today 06:36 PM
1,727 Posts
Joined Oct 2008
littlepigs
Pro
Today 06:36 PM
1,727 Posts
Awesome just got the gift cards from Costco too
Today 06:39 PM
126 Posts
Joined Nov 2017
commader_nToday 06:39 PM
126 Posts
Quote from jeffyor :
The entire concept is pretty interesting. A restaurant in need of cash gets a $20k infusion (just using this as an example) into its business. In exchange, they agree to $40k (appears to be a minimum of 2x the original loan amount) in store credit to be used to repay the loan. InKind uses the $40k in store credit to offer 20% cashback, $25 off $50 coupons, discounted GCs, selling giftcards through Costco promotions, etc, to repay the loan they made to the business. Any overages on a check inKind pockets when you pay through their app.

In reviewing the restaurant marketing materials online, 2x the loan amount in store credit appears to be the minimum starting point for the loan from what I gather, but depending on, I'm assuming, how desperate the business is for cash, etc, there may be worse multipliers a business could consent to, to secure their loan.

The restaurant benefits from an immediate cash flow improvement that smooths out rough spots, especially when a traditional loan approval is probably unlikely (since they are struggling). Additionally, it serves as a form of marketing for their business. New customers are enticed to come try places they otherwise wouldn't have. Once the debt is repaid and the restaurant is no longer on inKind, the business may gain a new customer, provided the experience was positive and you're inclined to return.

Not sure if every restaurant's margins can support this sort of arrangement, but overall, it will probably keep some struggling businesses afloat when a cash flow crunch might have otherwise caused them to close their doors.

I wouldn't be too worried about inKind running deals, etc. These sorts of incentives appear to be baked into the business model. Plus, they seem to be backed by some extremely deep pockets, given that they are making these large initial loans to hundreds of restaurants/bars throughout the country to begin with.
Hey thanks for the details. I've been wondering how this works on the business side. Do you think most restaurants that use InKind are struggling significantly? Should we be worried they may close?
Today 06:47 PM
646 Posts
Joined Sep 2023
RockHardRockCrawlerToday 06:47 PM
646 Posts
Quote from jeffyor :
The entire concept is pretty interesting. A restaurant in need of cash gets a $20k infusion (just using this as an example) into its business. In exchange, they agree to $40k (appears to be a minimum of 2x the original loan amount) in store credit to be used to repay the loan. InKind uses the $40k in store credit to offer 20% cashback, $25 off $50 coupons, discounted GCs, selling giftcards through Costco promotions, etc, to repay the loan they made to the business. Any overages on a check inKind pockets when you pay through their app.

In reviewing the restaurant marketing materials online, 2x the loan amount in store credit appears to be the minimum starting point for the loan from what I gather, but depending on, I'm assuming, how desperate the business is for cash, etc, there may be worse multipliers a business could consent to, to secure their loan.

The restaurant benefits from an immediate cash flow improvement that smooths out rough spots, especially when a traditional loan approval is probably unlikely (since they are struggling). Additionally, it serves as a form of marketing for their business. New customers are enticed to come try places they otherwise wouldn't have. Once the debt is repaid and the restaurant is no longer on inKind, the business may gain a new customer, provided the experience was positive and you're inclined to return.

Not sure if every restaurant's margins can support this sort of arrangement, but overall, it will probably keep some struggling businesses afloat when a cash flow crunch might have otherwise caused them to close their doors.

I wouldn't be too worried about inKind running deals, etc. These sorts of incentives appear to be baked into the business model. Plus, they seem to be backed by some extremely deep pockets, given that they are making these large initial loans to hundreds of restaurants/bars throughout the country to begin with.
What if the restaurant can't repay the loan? Seems risky for inKind.
Original Poster
Today 06:48 PM
52 Posts
Joined Dec 2010
Alpie01023
Original Poster
Today 06:48 PM
52 Posts
Would imagine it's different for every business and really depends on their margins, etc. A brewery (with alcohol margins) on inKind might be different from, say, a quick casual restaurant (tighter food margins). So I don't think all the restaurants on there are struggling, but some definitely are. I had a restaurant show up in Explore on inKind, and when I went to Google them, I saw that they had permanently closed recently.
Today 06:51 PM
24 Posts
Joined Nov 2017
djperronToday 06:51 PM
24 Posts
It's basically the old groupon model except as a consumer you're not locked into a specific restaurant.
1
Pro
Today 07:05 PM
2,793 Posts
Joined Mar 2008
fis
Pro
Today 07:05 PM
2,793 Posts
Quote from djperron :
It's basically the old groupon model except as a consumer you're not locked into a specific restaurant.
Not at all. Read the explanation above.

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Pro
Today 07:06 PM
2,793 Posts
Joined Mar 2008
fis
Pro
Today 07:06 PM
2,793 Posts
Quote from sarcasmogratis :
I thought those restaurant specific coupons were only for new users/sign up bonuses? Have you been able to add them to an existing account ? Or do you just keep making new accounts 😆
No need to make new accounts. Just keep adding them to your rewards. I seem to always have at least 1 or 2 of these offers in my account.

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