Originally Posted by
misterno
As a newbie here, let me try to understand
Buy the VISA GC w/fee $3.95 at OD pay $500 with Chase Ink and get $496.05 worth and get 2,500 UR points
Then take this VISA GC and find a CVS/Office max or any other place to buy VR and pay $4.95 so essentially you end up paying $500 for $492.10 and 2,500 UR points
Then take this VR and reload it to BB and then write a check to pay your mortgage.
Am I missing something here?
1) Does BB have bonus points or benefits?
2) Instead of writing a check can we transfer money from BB to my checking account? If so what are the fees?
3) I see some people are using their Hilton credit cards and earn 6x miles. I checked Hilton Points website and the cheapest room is 30K points. So you have to spend 5,000 with the credit card which means 10 prepaid cards which means 40-50 dollars for 1 room. How can this be a good deal?
Almost, but not quite:
You purchase the $500 GC at OD with Ink/Bold and are charged $503.95. You charge the full amount. Netting you ~2520 UR points
Then take the $500 GC to another participating retailer and purchase VR for $496.05.
You can then use the VR to load BB as mentioned and pay bills/mortgage/whatever.
1) No.
2) Yes, no fees, not advisable because it
appears to be laundering
3) There are plenty of ways to put good use to Hilton pts. Google AXON or GLOM or just SEARCH the forum.
Have fun!