this post was submitted on 31 Aug 2025
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Do they get interest for the product you held during the return period?
Yes, they get a slightly used product in return
You typically earn interest for granting someone the privilege of the use of your money.
Do products in warehouse typically earn interest, or do they depreciate?
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.
What I'm trying to say is that this scheme gives the retailer an interest free loan on every purchase, courtesy of the customer, so fuck them for that.