• My Saves
  • My Feed
Log In
The Folly Times
  • Politics
  • U.S.
  • World
  • Lifestyle
  • Finance
  •  The Latest
Categories
  • Business
  • Cartoons
  • Celebrities
  • Education
  • Entertainment
  • Family
  • Health
  • Law
  • Religion
  • Science
  • Sports
  • Tech
Useful Links
  • About Us
  • The Newsletter
  • Contact Us
  • Privacy Policy
  • Accessibility Statement
  • Terms of Use
Follow the Folly
Notification
Font ResizerAa
The Folly TimesThe Folly Times
  • Politics
  • U.S.
  • Business
  • Lifestyle
  • World
  • Entertainment
  • Sports
  • Law
  • Tech
  • Health
Search
  • Quick Links
    • Latest
    • Boomer Mode
    • My Feed
    • My Saves
  • Sections
    • Business
    • Celebrities
    • Dear Folly
    • Education
    • Entertainment
    • Family
    • Finance
    • Folly Finds
    • Food
    • Health
    • Law
    • Lifestyle
    • Politics
    • Religion
    • Science
    • Sports
    • Tech
    • U.S.
    • World
  • Useful Links
    • About
    • Contact Us
    • Accessibility
    • Privacy Policy
    • Terms of Use
Have an existing account? Sign In
Follow US
© 2025 the Folly Times News Network. All Rights Reserved, All Wrongs Released.
Finance

People Turning to Amazon Gift Cards Over the Fear of Bank Failures

Last updated: Fri, March 10, 2023 10:48 PM CT
By The Folly Times
3 Min Read

In a bizarre twist, people across the country are ditching traditional banking methods and turning to Amazon gift cards as a safe haven for their money. While many are left bewildered by this unusual financial trend, some experts believe it might be a smart move considering the recent state of the banking system.

According to reports, people have been flocking to stores to purchase Amazon gift cards in bulk, using them as a makeshift currency to avoid the risks of keeping their money in banks. It’s a move that’s taken many by surprise, but for those in the know, it’s a shrewd way to protect their assets.

“We’ve noticed a huge increase in demand for Amazon gift cards lately,” said a store manager who preferred to remain anonymous. “At first, we thought it was just people buying presents for loved ones, but then we started seeing people buying hundreds of dollars’ worth of gift cards at a time.”

While some skeptics have questioned the wisdom of relying on Amazon gift cards as a form of currency, others argue that it might be a sound strategy given the instability of the banking system.

“It’s not as crazy as it sounds,” said a financial analyst. “Amazon has a reputation for being stable and reliable, and if people are looking for a place to keep their money safe, it makes sense that they would turn to a company with a proven track record.”

Despite the potential benefits, however, there are some concerns about the long-term viability of this strategy. If Amazon were to go bankrupt or experience a major disruption, the value of the gift cards could plummet, leaving people with worthless pieces of plastic.

For now, though, many people seem content to take their chances with Amazon gift cards, storing them in their homes or in secure locations. And as the banking system continues to falter, it’s likely that we’ll see more people turn to unconventional methods of protecting their wealth.

Sign Up For Daily Newsletter

Keep up! Get the latest breaking not news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.

Recent Articles

Hegseth Reportedly Tried to Baptize Himself in Santo Tequila, ‘For the Troops’

Hegseth Reportedly Tried to Baptize Himself in Santo Tequila, ‘For the Troops’

Trump Offers ‘Thoughts and Flares’ After Judge’s Home Burns Down

Trump Offers ‘Thoughts and Flares’ After Judge’s Home Burns Down

RFK Jr. celebrates 1,500 measles cases as “a victory for holistic immune freedom.”

RFK Jr. celebrates 1,500 measles cases as “a victory for holistic immune freedom.”

Party of Christian Values Confirms: Jesus Would Have Let Him Die

Party of Christian Values Confirms: Jesus Would Have Let Him Die

White House Clarifies: ‘Being a Child Predator Not Ideal, But At Least He’s Not Woke’

White House Clarifies: ‘Being a Child Predator Not Ideal, But At Least He’s Not Woke’

Deals for People Who Think Jeff Bezos Is Watching Them Through the Microwave

Deals for People Who Think Jeff Bezos Is Watching Them Through the Microwave

The “You’re Officially Old Now” Starter Pack

The “You’re Officially Old Now” Starter Pack

You Might Also Like

Donald Trump speaking at a podium with a painting in the background.
Business

Intel Surges After Trump Says Government Will “Draft It in the First Round”

4 Min Read
Couple smiling with a grocery cart full of store-brand goods
Finance

5 Key Signs You’ve Made It to the Lower-Middle Class

3 Min Read
Trump speaking outside White House, gesturing while criticizing Jerome Powell
Finance

Markets Spooked as Trump Threatens to Replace Powell With Guy in MAGA Hard Hat Who Once Sold Him a Patio

4 Min Read
Jerome Powell reacts during press conference amid Prime Day concerns
Finance

Jerome Powell Considers Retirement After Dismal Amazon Prime Day Sales

3 Min Read
Show More
The Folly Times

The Folly Times is your trusted source for news that probably shouldn’t be trusted. We specialize in absurd headlines, political mockery, and stories you didn’t know you didn’t need. Our reporters dig deep, mostly into lunch buffets, to bring you the kind of journalism that makes you laugh, think, and occasionally question humanity.

Trending Topics
  • Donald Trump
  • Election
  • Joe Biden
  • Elon Musk
  • MAGA
  • Kamala Harris
  • White House
Popular Sections
  • Politics
  • U.S.
  • World
  • Lifestyle
  • Finance
  •  The Latest
Useful Links
  • About The Folly Times
  • Contact Us
  • Accessibility Statement
  • Privacy Policy
  • Terms of Use
© 2025 The Folly Times News Network | All Rights Reserved, All Wrongs Released.
Hello!

Sign in to your account

Username or Email Address
Password

Lost your password?