FlyerTalk Forums - View Single Post - Inflating Your Rewards Checking Balance Through MS.
Old Oct 6, 2013 | 6:17 pm
  #9  
cashback
 
Join Date: Mar 2013
Posts: 809
Originally Posted by d237
You'd have to pay tax on the amount though..
Also, IIRC these "reward checking account" require non-pin swipes of their debit cards (like 10 times a month), which can be rather annoying if you only use your CC.
Yes you would pay taxes on it.

The swipe requirement is easy to make with AP.

For me, it is 15 swipes of $5 or more. So sacrificing $75 of my AP allotment is well worth it.

Even if you didnt max out the balance requirement, it'd still be worth it given how easy it is.

Last edited by cashback; Oct 6, 2013 at 6:23 pm
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