Re: MY GOAL: Get The AmEx Centurion Card - MY PLAN: read in article
12-06-2009 07:40 PM
There are a lot easier ways to max your spending out than buying and selling crap on ebay and with a lot less risk.
Buy dollar coins from the US mint through their direct ship program and deposit them in your account. The shipping is free, they count as a purchase so you earn cash back.
Google it and you will find mega threads on fatwallet and flyertalk that outline the deal.
I hope you have been using an Amex card that offers cash back like the blue cash card.
Actually, it usually does not count as a purchase, but as a cash advance. Both Chase and AmEx list the purchase as a cash-like transaction and not only do not award any points, but start charging interest as of the transaction date.
USAA does not list the purchase as a cash-like transaction, but they do not award any points because the transaction is flagged as "government services."