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Old May 2, 2011 | 1:04 pm
  #20  
emanon256
 
Join Date: Aug 2008
Location: DEN
Programs: Recovering after 7 years of UA 1K, Still UA Silver (Which means nothing), Marriott Lifetime Plat Pre
Posts: 1,950
Originally Posted by scotti81
I have question about another kind of "refundable fare tricK". I'm sure that it has been tried and dismissed in the past, but I always wondered about it.

If one has an airline credit card (Chase MP for instance) and you buy an expensive refundable ticket for, say, six months hence. The credit card payment goes through, and at the end of your billing month, Chase passes the miles over to MP. Once that is transferred, it doesn't seem that they can claw it back. You then cancel and refund the ticket, keeping the credit card earned miles.

There must be something in the T&C to stop this, but as far as I can see from a naive point-of-view, as long as your credit limit is big enough, you could score some free miles. If it is wrong, please point out why. Or if this is a loophole that is being exploited that I don't know about, and you want to keep it secret, let me know and I will delete asap.
The Terms and Conditions on my MP Visa state: Miles will be deducted for any returns or credits made on your Credit Card Account.

On any months where I have had a return of any item, I see a credit, and separate debit to my MP account on .bomb. Now I am not sure what MP would do if you already spend the miles, and now have a negative balance.

Here is the latest posting:
Apr. 19, 2011 CHASE SELECT UNITED BONUS MILES 4,170
Apr. 19, 2011 CHASE SELECT CARD PURCHASES 2,085
Apr. 19, 2011 CHASE SELECT EVERYDAY PURCHASE 43
Apr. 19, 2011 CHASE SELECT EVERYDAY BONUS MILES 43
Apr. 19, 2011 CHASE SELECT CARD PURCHASES (179)
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