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Old Mar 10, 2011 | 6:24 pm
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lewis_saint
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Join Date: Jan 2010
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Circulating Miles with Merchant Account

This is probably against the rules, but I'm putting it out there. What happens if you have a mile-earning credit card, and a business checking account with merchant banking. You could then 'circulate' miles, paying only the merchant processing fee each time (usually around 2-3%). So, for $250, you'd get 10,000 miles 'laundered'. Thoughts?
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