Originally Posted by
Febian
Hi, Sometime back US Mint allowed the use of creditcards to buy $1 coins of their websites. A lot of users exploited this by buying 1000s of $1 coins on their credit card and using the same coins to pay back those credit card bills. Note: This was perfectly legal albeit "an abuse of the system".
Since then the website only allows debit cards and other non-credit card options to buy $1 coins. On those lines, what if you were to buy a prepaid debit card using your credit card and then use the prepaid debit card to buy $1 coins? Will that work? Sure, prepaid cards will have a fee involved but comparing it to the miles collected - it will be negligible. Am I missing something?
From http://www.usmint.gov/mint_programs/$1coin/?action=directShip :
The United States Mint has eliminated the credit and debit card purchase of $1 Coins through its Direct Ship Program effective July 22, 2011.
So I think you're missing that debit cards are also not allowed