The Worst Bank In The World Isn’t Technically A Bank

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  • Vivian Tu says that Starbucks is the worst bank in the world.
  • Although Starbucks isn’t technically a bank, it has $1.6 billion in outstanding gift card balances. That’s like an interest-free loan from its customers.
  • It also gets to keep a chunk of that money, as it had $196 million in unused gift card balances.

Some of the big banks definitely don’t have the best reputations. There are plenty out there that pay paltry interest rates and ding clients with costly...

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