coding purchases as office supplies
With the imminent demise of purchasing variable load cards at Office Depot, I was wondering about a possible workaround:
I have read in the past the idea of getting your own cc reader to manufacture spend. The main obstacle to this besides the possible suspicions of fraud on the part of the banks is that at 3%+- per transaction, the numbers don't make sense.
However I was thinking, what would stand in the way of coding all of the purchases as office supplies, or from telling your cc processor that your new business that you will be accepting cc's on behalf of is an office supply store. The 5x points with the ink card would seem to make it worth while. Any thoughts? I know this probably far fetched at best, but desperate times call for . . . .