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      03-03-2009, 07:28 PM   #1
hl0m4n
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Talking Anyone Try This To Get Free Air Miles On Credit Card?

so im thinking about chaning my credit card to bank of america one that is in partner with asiana airlines. i travel alot to korea and now bangkok. the card gives 2 miles for every $1 and 3 miles for every $1 in select stores.

while looking at the brochure i came up with a maybe brilliant idea. what happens if you register the credit card with paypal send money to a friend with it like $5,000 and have your friend refund the payment a few days later?

the refunded money doesn't go back on the credit card but stored on the paypal account which i can then transfer into the bank account and pay back the $5,000 on the next credit card bill...

refunded payments from other party (in this case my friend) don't get charged the 3% paypal fee either...

thoughts ?
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      03-03-2009, 07:31 PM   #2
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Paypals transfers count as cash and you don't get the money back miles points ETC.

Read your TOS a little better.
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      03-03-2009, 07:51 PM   #3
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Quote:
Originally Posted by O-cha View Post
Paypals transfers count as cash and you don't get the money back miles points ETC.

Read your TOS a little better.
paypal transfer to bank account? what is TOS?

when you buy something with paypal on your credit card doesn't it still count as a sale? it comes up on the statement, so should it get points for that purchase?
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      03-03-2009, 08:13 PM   #4
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Quote:
Originally Posted by hl0m4n View Post
paypal transfer to bank account? what is TOS?

when you buy something with paypal on your credit card doesn't it still count as a sale? it comes up on the statement, so should it get points for that purchase?
Making a credit purchase is different then a crash transfer with paypal or anyplace. It's the same as cashback at a store or an ATM.

Just forget it, your not the first idiot, I mean thief, to think of this.


I know how you can do it if you really wanted to, but I'm sure as hell not going to tell you.
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      03-03-2009, 08:15 PM   #5
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