Originally Posted by
GetSetJetSet
I'm not accusing anyone of anything, I just don't get the rationale. Unless you're going to Burma or someplace with no ATM's or ability to use credit cards, why would you want to carry cash? Also...as we know, you earn no miles when you pay cash haha.
exactly how does one get $50,000US out of an atm machine? how does one charge 50 grand on a credit card? i sometimes jumble things up. i think i was quite clear on the need for the money, and i know of no other form of guaranteed cash in a foreign transaction. in the world of buying automobiles at auction, one uses a "sight draft'. that is guaranteed cash. one cannot buy half a dozen fresh MB's and a porsche or two and put them on a credit card, even in usa.
there were a couple of us companies i bought from that demanded credit card. i am certain they paid over 2% to get paid by my card. sometimes i had to use 2 cards, because i had a max 25k limit on my biggest card. these guys were paying $1000 to hit my card, and i was getting 40k miles.(and 30 day terms)