Originally Posted by roki

Is it not only for >200 transactions or >$20K annually? That's what the Amazon site specifies.

I use it to pay my father $500 per month towards an ~$8000 debt I owe him. In 16 months, it will be payed off and I won't send him any more money. But for calendar year 2012, there will be 12 transactions and $6000. Will either of us be looking at a tax bill for that? I didn't think so, but if so, I'll just give him cash. I just like having the record (and the points, of course). But 8K points isn't worth anywhere near a 1099 on $8K.