FlyerTalk Forums - View Single Post - Ways to manufacture miles with BA Chase visa card

Apr 20, 2011 | 5:33 am

#13

QL_714

Join Date: Sep 2009

Posts: 1,758

Quote:

Originally Posted by omars007

Fees are 2.9%+ .30. That equates to almost $75.
2. Explain how this is the case? You charge your CC, friend sends you money back to your paypal. You xfer paypal to your bank account and pay your CC. The fees generally make this prohibitive, but when you are trying to meet a spend requirement i.e. 50,000 miles for $2500 spend, a $75 outlay for 50k miles is easily justifiable. Even a $145 would still make this worthwhile.

Your friend will get charged the fee also when he sends it back.

PayPal is aware of this and does not like it.

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