@Genkeim wrote:Yeah I understand my opinion doesn't matter
I figuered since I'm not talking about large amounts (under $1.5k/month) it may not raise any attention, I guess randomly cycling 2-3 cards would help make it not apear to be a pattern... Hmm dunno kinda feels icky thinking about trying to hide the pattern... Not trying to launder money or anything, just want to maximize my rewards on spending I'm going to spend anyway.
And risk/reward also includes subjective things like ickiness as well as time taken. So with a 1% card, you would gain less than $15 per month, so apart from any concerns/feeling deceitful etc, you would also need to make that the extra time taken to perform these steps is worth it. And it may well not be. That's why MS tends to involve much bigger amounts, to justify the effort.
@Genkeim wrote:Yeah I understand my opinion doesn't matter
I figuered since I'm not talking about large amounts (under $1.5k/month) it may not raise any attention, I guess randomly cycling 2-3 cards would help make it not apear to be a pattern... Hmm dunno kinda feels icky thinking about trying to hide the pattern... Not trying to launder money or anything, just want to maximize my rewards on spending I'm going to spend anyway.
I only do it to meet initial spends, although there are others who do it year round. To give you some perspective when I asked on other forumns if I could do 2 to 2.5k a month on a card people said that amount should not be a problem and so far it has not been. I will only do like 1k a month with amex though as they are extra sensitive. Keep in mind I also use these cards for other charges, so there is a lot of activirty. The banks are fully aware of what is going on. They are not stupid and they choose to allow it. However, when someone runs tens of thousands through in MS then the bank gets upset because that is just pure abuse. I would think that the x5 cards with the bonuses would be even more prone to review than the 1 point per dollar cards.
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@Creditaddict wrote:Why not just get a Capital One Cash Business Card and get 2% cash back for all this google stuff.
I would never use a debit card because I want rewards for ALL my spending and if the bank has an issue, I'll move on to another card/bank that wants my spending.
If for whatever reason you are still concerned about high spending on your discover just go online and put in your income including your google ad selling income and then your account spenidng won't ever look excessive... but really we are talkning about juast $2k/month on an $8k limit, where you "can" run into issues is if you are spending say $20k a month and your limit is only $5k.
I thought this had been settled already. I think its foolish to be using your debit card for google. Biz expenses or not at the amounts your talking Discover isn't going to care. How can they even be sure they are business expenses? If you qualify for a biz card then that is best, because it just makes your life easier when doing the end of year accounting etc. However, if you don't want the inq or your not able to qualify for a decent business card I would just use the discover until you can make the switch.
@red259 wrote:
@Genkeim wrote:Yeah I understand my opinion doesn't matter
I figuered since I'm not talking about large amounts (under $1.5k/month) it may not raise any attention, I guess randomly cycling 2-3 cards would help make it not apear to be a pattern... Hmm dunno kinda feels icky thinking about trying to hide the pattern... Not trying to launder money or anything, just want to maximize my rewards on spending I'm going to spend anyway.
I only do it to meet initial spends, although there are others who do it year round. To give you some perspective when I asked on other forumns if I could do 2 to 2.5k a month on a card people said that amount should not be a problem and so far it has not been. I will only do like 1k a month with amex though as they are extra sensitive. Keep in mind I also use these cards for other charges, so there is a lot of activirty. The banks are fully aware of what is going on. They are not stupid and they choose to allow it. However, when someone runs tens of thousands through in MS then the bank gets upset because that is just pure abuse. I would think that the x5 cards with the bonuses would be even more prone to review than the 1 point per dollar cards.
+1
Even I follow this rule. Use MS to meet the min spend quickly.
Doing 1-2K per month and alternating various cards for diversity should be OK.
I have read some people did like $50K per month, and chase closed ALL relationship with her.
I personally feel, $50K per month is way too much..
@newUser0 wrote:
@red259 wrote:
@Genkeim wrote:Yeah I understand my opinion doesn't matter
I figuered since I'm not talking about large amounts (under $1.5k/month) it may not raise any attention, I guess randomly cycling 2-3 cards would help make it not apear to be a pattern... Hmm dunno kinda feels icky thinking about trying to hide the pattern... Not trying to launder money or anything, just want to maximize my rewards on spending I'm going to spend anyway.
I only do it to meet initial spends, although there are others who do it year round. To give you some perspective when I asked on other forumns if I could do 2 to 2.5k a month on a card people said that amount should not be a problem and so far it has not been. I will only do like 1k a month with amex though as they are extra sensitive. Keep in mind I also use these cards for other charges, so there is a lot of activirty. The banks are fully aware of what is going on. They are not stupid and they choose to allow it. However, when someone runs tens of thousands through in MS then the bank gets upset because that is just pure abuse. I would think that the x5 cards with the bonuses would be even more prone to review than the 1 point per dollar cards.
+1
Even I follow this rule. Use MS to meet the min spend quickly.
Doing 1-2K per month and alternating various cards for diversity should be OK.
I have read some people did like $50K per month, and chase closed ALL relationship with her.
I personally feel, $50K per month is way too much..
Yea, if your doing 50k a month then your going to get shutdown sooner or later. Also, keep in mind that if you have a low reported income and you do too much MS you may trigger an FR. Not because of MS, but because they will wonder how you can charge soo much on your current income.
@enharu wrote:
Most of the time, up to 5k a month on a card won't get you in trouble. However, like longtimelurker said, people have gotten into trouble before for lower levels of MS.
And just to be on the safe side, I think its best to avoid MS on any Amex issued cards, especially if the bluebird account itself is issued under your SSN as well. It's just too easy for them to link everything up to see the big picture.
+1. The downside is its soo tempting to do MS on the PRG in order to reach that 30k annual bonus.