FlyerTalk Forums - View Single Post - News Flash: CNN "You can get airline miles from Credit Card Signups and Spending"
Old Jun 17, 14, 6:04 pm
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Doc Savage
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Cool News Flash: CNN "You can get airline miles from Credit Card Signups and Spending"

http://www.cnn.com/2014/06/17/travel...html?hpt=tr_c2

These guys are just amazing!

Who would have thought of a scheme like this:

A German entrepreneur claims to have found a way to buy 1 million air miles for as little as $6,500.

Those air miles could translate into two first or business class trips on Etihad Airways from the United States to the Maldives, or up to five return first class trips to Asia on Singapore Airlines.

Best part: he says anyone could do the same.

The scheme, hatched by Torsten Jacobi, principal owner of Bluusun Media which runs travel deals website mightytravels.com, involves applying for credit cards that offer generous sign-up and spending bonuses and then buying gift cards with the credit cards, which you immediately liquidate back into cash.
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