Starbucks Offers ‘Starbucks for Life’ Card

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By Douglas A. McIntyre Published
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A lucky few Starbucks Corp. (NASDAQ: SBUX) cardholders (10 to be exact) will win a “Starbucks for Life” card, the latest in a line of promotions that the coffee firm has used to draw customers. Over the years, these stretch from free Wi-Fi to discounts on coffee prices for people who buy two cups over the course of a single day.

Starbucks announced:

“What could be bigger this holiday than winning Starbucks for Life? This is the first time we have ever offered customers something of this magnitude and what better way than to anchor it with our renowned Starbucks Card program. This giveaway is poised to bring great excitement and fun to our customers during this special time of the year,” said Sharon Rothstein, Starbucks executive vice president and global chief marketing officer.

The Wall Street Journal reports that a total of 10 cards to be given away, and that “lifetime” is defined as 30 years. The contest will run from December 2 to Christmas.

Since Starbucks claims to have millions of cardholders, the contest will draw people from a very large pool.

ALSO READ: Starbucks Gives Its Workers a Raise

As with any contest of this kind, people will often weigh whether they have any chance to win at all. If cardholders believe the odds are too long, they may not use their cards any more often than they already do. So, Starbucks has come up with other reasons for its customers to visit stores in December:

Since last winter, the company has completely reimagined the holiday experience in stores for this shopping season, staying true to many time-honored traditions, such as the arrival of the iconic red Starbucks cups in stores, while adding innovative and relevant products for holiday shoppers. In addition to the arrival of the first new holiday handcrafted beverage in five years — the Chestnut Praline Latte — Starbucks will offer the 30th anniversary of Starbucks Christmas Blend and unveil the first-ever 100 uniquely designed Starbucks Cards in a full collection.

The primary drawback to all the programs is that people can only drink so much coffee.

ALSO READ: The 10 States With the Best Quality of Life

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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