Originally Posted by zitsky

If you have to ask, it's probably illegal. Consult a lawyer.

Originally Posted by Teamstone

you would be stuck with the merchant credit card fees which range from 2% to 4%.

Originally Posted by philosopherking

Can you fund a shell company using revolving credit.

For example, set up a shell company/LLC. Instead of transferring cash into Owner's equity/assets of said shell company, I would use credit cards to fund it such as sending the shell company payments through amazon as purchases or getting revolving credit loans from banks/P2P lending sites. Once the money transfer goes through, the purchase shows up on the credit cards (to reach max spend for miles) and I would then dissolve the shell company, take the assets back and pay off the credit card bills/loans.

I know this is border line purchasing fraud, but in the end the credit card company gets paid back- every one gets paid back except I get the x amount of miles. Thus, no fraud because nothing was stolen (unless I am overlooking some precedence on miles theft).

Again, is there a legal way to use a shell company/LLc to reach not only spending requirements but maximum amount of miles reached (depending on how big your revolving credit limit is)?