Originally Posted by
KYBOSH
How exactly are you getting the $$$ from your CCs to your checking account?
Is it with BT check or by using reloads?
There's a lot more to it than just the $62 a month you are getting out of it.
As someone said the returns are taxable (expect a 1099).
Also your credit may take a hit because you are carrying more $25k+ in debt (depending on your total available credit). That might put you in the cross hairs for an AA down the line.
It has nothing to do with a particular CC. It is a separate bank for the checking account.
For my situation, my checking balance gets inflated via MOs and AP. I don't max out the 25K. My average daily balance is about 19K, but without MS it would be about 8 or 9K.
I don't see why paying taxes is a deterrent for making money.