Originally Posted by
fone
Why do many people want to buy the coins to spend? Is there a difference swiping your card for the points, then spending the coins as compared to swiping your card for the actual transactions? Granted that not all places accept card, but if you were to replace part of what is supposed to be a card transaction with the coins, you will still get the same amount of points.
Most people are looking to get the initial purchase requirement of $250, $500 or $750 under their belts to get the 25,000 mile, 10,000 point, or whatever new card bonus offered without actually "spending" any money. Hence the deposit is just used to pay the first statement.