Originally Posted by
CyberNomad
Mucho thanks for the advice guys.
I was just about to (literally) send a $1mil wire transfer as a pre-payment. I think I'll belay that action because that would obviously trigger me being 86ed. My biz is in a unique situation in that we get paid by our customer before we need to pay our suppliers so it results in having up to a million dollars in the biz account and a correspondingly large amount of payments we need to make. We get very little or not margin from the transaction but it's an awful lot of flow through.
Instead I'll do as you all suggest, make interim payments and focus on getting higher CC limits.
Right now I don't have any status on any frequent flyer programs so that's what I need to get smarter about. I've heard that with the right status I can get lifetime upgrades and that's what I really need. I love flying biz or 1st class.
"Free Lifetime Upgrades" (even domestic) will require a lot of flying, typically at least 1 million actual miles flown. Even that will not get you the highest level of status. And merely having status doesn't guarantee upgrades. Even 75K miles a year is, after all, the equivalent of about 15 coast-to-coast round trips.
You really need to pick an airline or airline alliance and focus on it.
Miles will have very limited use for upgrades, because in order to use miles for an upgrade, you usually have to purchase a fare that is higher (sometimes quite a bit higher) than the lowest fare.