Money Orders with CCs and store gift cards
After researching money order policies and procedures at area stores, I've discovered a way to do so. As many of us on this forum know, USPS money orders can't be purchased with CCs (while they could some time ago). Walmart requires cash and will not accept gift cards either. But grocery stores seem to accept their GCs for money order purchases. While the money orders are $1 for up to $300, it's still not a bad deal at $.0033/mile.
Has anyone else tried this? I'm planning on buying some tomorrow and I'll report back. Does anyone else know where I could purchase more? |
Which grocery stores sell money orders?
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Do you have the name of the grocery store willing to pay 3% (so $9 for a $300 money order) to the credit card company while only getting $1 from the customer to recoup this $9 cost?
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Originally Posted by olwagner
(Post 10734073)
Do you have the name of the grocery store willing to pay 3% (so $9 for a $300 money order) to the credit card company while only getting $1 from the customer to recoup this $9 cost?
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Originally Posted by arcticgrin
(Post 10734058)
Which grocery stores sell money orders?
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Originally Posted by olwagner
(Post 10734073)
Do you have the name of the grocery store willing to pay 3% (so $9 for a $300 money order) to the credit card company while only getting $1 from the customer to recoup this $9 cost?
http://www.shopnsave.com/sns-webapp/index.jsp As for the $9 (3 %), [which btw very well may not be the amount they pay] would be no different than someone ringing out $300 in groceries and charging it on their MC, Visa, etc. I guess in this transaction they would hypothetically lose the n dollars, but like anything else they may lose $9 on one customer but make $25 on the next guy. |
Originally Posted by AAerSTL
(Post 10735710)
Shop N' Save:
http://www.shopnsave.com/sns-webapp/index.jsp As for the $9 (3 %), [which btw very well may not be the amount they pay] would be no different than someone ringing out $300 in groceries and charging it on their MC, Visa, etc. I guess in this transaction they would hypothetically lose the n dollars, but like anything else they may lose $9 on one customer but make $25 on the next guy. |
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There are a lot of ways to earn miles. A number of years ago I did this. You buy a Safeway gift card with an American Express card and then use the gift card to buy a money order. It worked at some Safeways and at others it would not. Bottom line, it was not worth the hassle.
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Originally Posted by arcticgrin
(Post 10734058)
Which grocery stores sell money orders?
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ahhh my old favorite.
Years ago many here participated in this with a combination of banking and money order (MO) availabilities... Now those times are history (as is the time of Charter One gift cards) but thinsg can still sometimes be found. I find a few supermarkets such as Shaws do in fact sell em, but you may find their highest MO amount to not be worth the hassle any longer. If it is $1,000 I may do it. If it is less, it's really not worth the hassle. Nor are most of the fees these days to buy those gift cards first. we shall see! |
Originally Posted by ned
(Post 10738733)
There are a lot of ways to earn miles. A number of years ago I did this. You buy a Safeway gift card with an American Express card and then use the gift card to buy a money order. It worked at some Safeways and at others it would not. Bottom line, it was not worth the hassle.
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I wish I had ideas...
Originally Posted by AAerSTL
(Post 10742254)
Alright, I've read through many of the threads here and have maxed out LSC and have ordered everything available from the mint. I'm in STL andnit near an AMEX office to get TCs. Any other ideas?
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Whats LSC?
And amex tc deal is dead, so you're not missing out any more. |
Originally Posted by AAerSTL
(Post 10742254)
Alright, I've read through many of the threads here and have maxed out LSC and have ordered everything available from the mint. I'm in STL andnit near an AMEX office to get TCs. Any other ideas?
Most every idea you might think of has most likely been thru the cycle and wont produce anything if it ever did, at least a cost that paid to actually carry it thru to the end |
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