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Comments by "" (@sirtra) on "Starbucks is Secretly a Massive Bank" video.
Okay Mr Johnston, i'm processing your application for a loan for a large flat white, which you intend to purchase in Bondi, NSW.. but i see you haven't correctly ticked the boxes indicating the number of sugars to be included. Unfortunately your application has been rejected due to incomplete or missing information. Please ensure you supply as much detail as possible with any future request to ensure a timely response. Current ETA for processing new applications is 2-4 weeks. Thank you, Starbucks customare care 🙃
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A return of 0.05% on a 10 billion investment equates to merely 5 million profit. That wouldn't even cover the payment processing surcharge for merchants. Not quite sure it's the loyalty program where Starbucks customers are being taken advantage of compared to the price of a cup of coffee... it's not that functionally different to the subway club card, you pay slightly more for 10 foot longs upfront and eventually get a free one (possibly never making it to 10 or never redeeming prior to the points expiring) I mean the company name is STAR BUCKS not STAR COFFEE after all? 🤔
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