This one is involving real manual labor - so not for me :D
At FRA airport you can pay for your luggage cart with a miles earning card (http://www.themenportal.de/reise/gepaeckwagen-pfandsystem-kuenftig-am-gesamten-flughafen-frankfurt-88623) and you'll get the deposit (2 EUR) back in CASH when you return the cart.
There seems to be no limit in place.
So a long layover in FRA can 'easily' net you 10k miles and a ton of EURO coins. It's also a nice cash advance.
samwkchan
May 20, 12, 1:55 pm
The earning rate is just too slow...
Assume that you use Chase Sapphire Preferred Card and suppose that it is counted as travel expenses. At a 2% cashback rate, 1000 such transactions will make 2547 miles for free. Points can be converted to miles at a 1:1 rate.
If you use Chase Freedom Card with a Chase checking account, you earn 10 points per transaction in addition to the 1% cashback. However, there is a 3% foreign transaction fee. With some simple calculation, we see that every 1000 transactions make 11547 miles at a cost 60 EUR, which is about 76.42 USD. The rate is 0.662 cpm.
AlohaDaveKennedy
May 20, 12, 2:01 pm
But you need a Euro credit card with pin chip to avoid exchange fees or bum exchange rates? Hmm....how do I get that euro credit card?
But we gotta have proof this works before it gets in Now for Something Completely Different. I'd rate it somewhere between moving the dead for miles and buying a musical toilet for miles.
Will it work in other airports? Could we see cart runs in the future?
This one is involving real manual labor - so not for me :D
At FRA airport you can pay for your luggage cart with a miles earning card (http://www.themenportal.de/reise/gepaeckwagen-pfandsystem-kuenftig-am-gesamten-flughafen-frankfurt-88623) and you'll get the deposit (2 EUR) back in CASH when you return the cart.
There seems to be no limit in place.
So a long layover in FRA can 'easily' net you 10k miles and a ton of EURO coins. It's also a nice cash advance.
amolkold
May 20, 12, 2:24 pm
Can we ask FraPort to raise the deposit requirement to 100€? :D
akcae
May 20, 12, 6:02 pm
But you need a Euro credit card with pin chip to avoid exchange fees or bum exchange rates? Hmm....how do I get that euro credit card?
But we gotta have proof this works before it gets in Now for Something Completely Different. I'd rate it somewhere between moving the dead for miles and buying a musical toilet for miles.
Will it work in other airports? Could we see cart runs in the future?
I will be laying over for 3hrs in FRA in about 10 days -- could be fun trying. My 5-yr old will be with me so he'll enjoy the rides. :)
MightyTravels
May 20, 12, 6:18 pm
I will be laying over for 3hrs in FRA in about 10 days -- could be fun trying. My 5-yr old will be with me so he'll enjoy the rides. :)
Hehe that's the FT spirit!
Scottrick
May 20, 12, 8:55 pm
The earning rate is just too slow...
Assume that you use Chase Sapphire Preferred Card and suppose that it is counted as travel expenses. At a 2% cashback rate, 1000 such transactions will make 2547 miles for free. Points can be converted to miles at a 1:1 rate.
If you use Chase Freedom Card with a Chase checking account, you earn 10 points per transaction in addition to the 1% cashback. However, there is a 3% foreign transaction fee. With some simple calculation, we see that every 1000 transactions make 11547 miles at a cost 60 EUR, which is about 76.42 USD. The rate is 0.662 cpm.
Use the United Club Visa. 1.5 miles per dollar on all transactions with no foreign transaction fees. After 1,000 cart rentals, you would earn 1,500 miles for free. But still too slow. You would need 16,667 transactions for a free domestic flight in the U.S. Assuming 30 seconds per transaction, that would be about 5.8 days of renting carts and returning them.
PaulMSN
May 20, 12, 10:39 pm
Use the United Club Visa. 1.5 miles per dollar on all transactions with no foreign transaction fees. After 1,000 cart rentals, you would earn 1,500 miles for free. But still too slow. You would need 16,667 transactions for a free domestic flight in the U.S. Assuming 30 seconds per transaction, that would be about 5.8 days of renting carts and returning them.
No, it's 2 Euros per rental -- that would make it 6,514 transactions at current exchange rates, so it would only be 2.26 days. One flight cancellation in the summer with no other seats available for a couple of days and you're there, assuming you can stay awake the entire time and really, really like pushing luggage carts around.
Of course, Chase would probably look askance at over $16K of purchases in 2 Euro amounts all within 2 days+.
tru2logan
May 20, 12, 11:59 pm
Let's not forget to Mention you would have to have really large pockets to carry 6514 2€ coins around. Have fun lugging those around.... Kinda reminds me of some other coins some of us were lugging around for a few years
uszkanni
May 21, 12, 3:40 am
Sounds like too much work. Why not just hang around places which have a large number of cash paying customers and ask them (the customers) to pay you in cash and let you pay the merchant with your credit card.
If the merchant has problems with this, just say it's part of a social protest and claim First Amendment protection, or the EU equivalent.
84fiero
May 21, 12, 4:18 am
Let's not forget to Mention you would have to have really large pockets to carry 6514 2€ coins around. Have fun lugging those around.... Kinda reminds me of some other coins some of us were lugging around for a few years
I suppose a forklift inside the terminal would be frowned upon?:p
xp0
May 21, 12, 4:49 am
You just need to sacrifice 2 euro and use one of the carts to push all your coins around in like a giant box or something :)
AlohaDaveKennedy
May 21, 12, 7:56 am
Is there a bank in there to make a Mint-like deposit? Else I have some well-used heavy duty roller bags.:D
You just need to sacrifice 2 euro and use one of the carts to push all your coins around in like a giant box or something :)
sd1024
May 21, 12, 11:59 am
Another deal out in the open now, can't wait until they stop this one too. </Sarcasm>
MightyTravels
May 21, 12, 12:04 pm
Let's not forget to Mention you would have to have really large pockets to carry 6514 2€ coins around. Have fun lugging those around.... Kinda reminds me of some other coins some of us were lugging around for a few years
We are in luck there is a local branch of Santander:
Santander Bank, Terminal 1, Bereich B, Ebene 3 (http://www.frankfurt-airport.de/content/frankfurt_airport/de/einkaufen_erleben/dienstleitungen/banken_geldwechsel/santander_bank.html)
Open every day and providing 'full service'. Plus this is for a good cause - giving 'large' deposits to Spanish banks is rare these days!
So nothing stands in the way of the next 'pudding man' aeeh 'cart man'...
lkar
May 21, 12, 1:43 pm
Too funny.
Surely, someone is going to get arrested.
bandana1948
May 21, 12, 1:48 pm
This one made my day!
But have you factored in the foreign transaction fee that may be charged by the CC company? That will certain erode your return on investment :p
PaulMSN
May 22, 12, 2:47 pm
This one made my day!
But have you factored in the foreign transaction fee that may be charged by the CC company? That will certain erode your return on investment :p
Many of us have no-foreign-fee cards, so we're golden on this.
Gamecock
May 22, 12, 3:02 pm
Too funny.
Surely, someone is going to get arrested.
I was kinda wondering about the attention this would no doubt draw from der Polizei.
milevalue
May 22, 12, 5:00 pm
Can we ask FraPort to raise the deposit requirement to 100€? :D
Hilarious! That's the spirit.
particlemn
May 22, 12, 5:00 pm
Hopefully this is not shut down right away I have a 19 hour layover in FRA next April, I will have my 5 y.o. son and wife so hopefully they can help too
Gamecock
May 22, 12, 5:25 pm
Hopefully this is not shut down right away I have a 19 hour layover in FRA next April, I will have my 5 y.o. son and wife so hopefully they can help too
Have the tyke pull the carts off and bring them back to you. The wife can take the Euro coins to a Sparkasse and get paper.
thaidai
May 22, 12, 5:38 pm
Stayed at Hilton Garden FRA took 10 minutes to find return stn for cart to get my 2 euro back ! But then found several abandoned carts. ;) Civic duty to return them@:-) but now My hourly rate has gone up!
AlohaDaveKennedy
May 22, 12, 6:06 pm
How do these transactions process as spending?
Any cards offering multiple miles for spending in that category?:D
MightyTravels
May 22, 12, 6:32 pm
Seriously maybe there is something to it.
You can use an AMEX prepaid which gives you 5x UR up to $2.5k (you can have almost an unlimited amount of these prepaid cards).
Say you hire someone for EUR 6 (ok borderline minimum wage, but doable).
120 carts an hour or 240 EUR maybe a bit more. That's 1560 miles an hour. That's after 8 hours - 12480 miles for you and EUR 48 for our honorable cart lugger.
~13k miles for 48 EUR I'd take it :)
Oh and other airport have different deposits all over Europe. Some charge EUR 5 or 7. So it could actually make sense...
Jesperss
May 22, 12, 6:46 pm
Seriously maybe there is something to it.
You can use an AMEX prepaid which gives you 5x UR up to $2.5k (you can have almost an unlimited amount of these prepaid cards).
Say you hire someone for EUR 6 (ok borderline minimum wage, but doable).
120 carts an hour or 240 EUR maybe a bit more. That's 1560 miles an hour. That's after 8 hours - 12480 miles for you and EUR 48 for our honorable cart lugger.
~13k miles for 48 EUR I'd take it :)
Oh and other airport have different deposits all over Europe. Some charge EUR 5 or 7. So it could actually make sense...
That's assuming the guy you hire to pick the carts actually meets you at the end of the day to give you all the coins back ;)
saacman5033
May 22, 12, 6:56 pm
That's assuming the guy you hire to pick the carts actually meets you at the end of the day to give you all the coins back ;)
Forget the coins... The guys just going to take the $2000 Amex card and leave!
AlohaDaveKennedy
May 22, 12, 8:56 pm
Yea of little faith. If worried about theft, check for opportunities in the Greek, Spanish and Italian airports - the help won't run to the bank with your Euros for fear of been trampled by the crowds running the other way.:D
Forget the coins... The guys just going to take the $2000 Amex card and leave!
mrpickles
May 22, 12, 10:45 pm
Oh dear, did I have to find this thread????
toomanybooks
May 23, 12, 6:31 am
Maybe one quarter a year you could get 5% back on Discover or Freedom.
AlohaDaveKennedy
May 23, 12, 7:23 am
Someone needs to look into that. But do the cards need to be PinChip or would a US mag strip card work?
Should FT have a new thread just for cart running?:D
Maybe one quarter a year you could get 5% back on Discover or Freedom.
SRenaeP
May 23, 12, 1:24 pm
Someone needs to look into that. But do the cards need to be PinChip or would a US mag strip card work?
Should FT have a new thread just for cart running?:D
I used a US mag strip card for the carts back in Dec and it worked just fine (CapOne Venture if it matters). The only problem was I couldn't find where to return the dang cart. I eventually gave up.
-Steph
Shimon
May 23, 12, 1:50 pm
Oh my... only on flyertalk!
AlohaDaveKennedy
May 23, 12, 2:41 pm
Sounds like we need to map the airport(s) out to find those little "cash machines."
Just think "Together we can help save the European economy, one pushcart at a time!"
I used a US mag strip card for the carts back in Dec and it worked just fine (CapOne Venture if it matters). The only problem was I couldn't find where to return the dang cart. I eventually gave up.
-Steph
pWei
May 23, 12, 3:43 pm
No, it's 2 Euros per rental -- that would make it 6,514 transactions at current exchange rates, so it would only be 2.26 days. One flight cancellation in the summer with no other seats available for a couple of days and you're there, assuming you can stay awake the entire time and really, really like pushing luggage carts around.
Of course, Chase would probably look askance at over $16K of purchases in 2 Euro amounts all within 2 days+.
Nah, your card will probably be blocked due to suspicious transactions and possible fraud.
aSiAnRiCk
May 23, 12, 4:20 pm
Thanks for the laugh ... really. Love reading the replies as well.
Now this one layover you're looking forward to!
Yes LH, can I please have a longer layover in FRA? That 5 hours is too short.
Boraxo
May 24, 12, 10:47 pm
I've got a 20-hour layover and there is no way I would pass up the weisswurst and bier for this nonsense. But I appreciate the concept! :)
amolkold
May 24, 12, 11:01 pm
The only reason to pass this up is if you have FCT access ... and even then, I'd just send out the LH Personal Assistant to do the task :D
AlohaDaveKennedy
May 25, 12, 9:51 am
Just call your bank ahead and tell them that you will be making a few thousand 2 Euro transactions in Germany.:D
Nah, your card will probably be blocked due to suspicious transactions and possible fraud.
x712xdamx
May 26, 12, 2:20 pm
lol! For 2-10 miles at a time, this would be ludicrous. However, I'd be the first one in line to read about someone actually doing this.
AlohaDaveKennedy
May 26, 12, 10:05 pm
We really need a YouTube video of this technique!:D
Might make a nice tie in with the large money drops over at the new Universal Exports.
lol! For 2-10 miles at a time, this would be ludicrous. However, I'd be the first one in line to read about someone actually doing this.
AlohaDaveKennedy
Jun 8, 12, 7:08 pm
Looks like I can make it to Frankfurt in August for a few hours of cart running.
Have we any had any cart runners report back in?
Anyone got the number of that NPR reporter?
Even Tim Geithner ain't gonna be able to kill this deal!:cool:
rdaven2003
Jun 8, 12, 11:25 pm
I will be in FRA in Aug and Sept. Hmmmm..... this might be my first cart run!
TennisPro
Jun 9, 12, 1:26 am
Now I'm looking forward to my 5 hour layover. Cart running here I come!
mia
Jun 10, 12, 1:27 pm
Closed because the discussion has degenerated into insensitive stereotyping.