FlyerTalk Forums - View Single Post - Miles for Rent/Mortgage/Tuition? [Consolidated]
Old May 23, 2011 | 7:56 am
  #179  
Ritz
15 Years on Site
 
Join Date: Jan 2007
Posts: 2,905
Originally Posted by tal32drew
I'm moving into a new apartment and have the option to pay my rent with credit card. I'm considering paying using my Chase BA Visa...

43.5 weeks * 620/wk = 26970 total rent

1.1% fee = 296.67

43.5 * $2/transaction fee = 87

383.67 in total fees

27353.67 * 1.25 = 34192 BA miles

More importantly, this extra spend would guarantee I reach $30,000 this calendar year and earn a 241 award ticket (otherwise my spend would only be around 15k).

Does my math look right? Is this worth it?

Thanks!
Fee-wise, its a bit much - BUT, because you're reaching a CC spending threshold, it certainly doesn't seem prohibitive.
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