I uploaded a photo of an advertisement of a Sichuan restaurant onto Facebook (/jianshuo). They were advertising for cash deposit card. If you deposit money (pre-pay) into their card, they give you discount. There is nothing new about it.
However, the tricky part is the amount.
If you deposit 100,000 RMB, you can get 120,000 RMB worth of credit to buy dinner in that restaurant.
I didn’t make the mistake. That is 100,000 RMB, or roughly 15K USD, for dining card.
This is obviously not the highest amount. There are many other places offering card level higher than that. Because of the popularity of these card, I am convinced that many people buy it. What that means?
The first question to ask is, who buy it?
The second question, what for? Is it just for the discount? Not likely. People have all type of creative way to use that card. People may send it as gift (bribe or not), or people can expensive it at somebody else’s cost, or simply a business owner who need to frequently buy dinner for their client that uses up 100K RMB quickly just for meal.