FlyerTalk Forums - View Single Post - Get "UNLIMITED" AA miles for less than $0.01 per mile
Old Apr 20, 2004, 11:20 am
  #77  
gunn
 
Join Date: Apr 2002
Location: Thank God I left Houston, TX, USA
Posts: 132
One more wrench to throw in the works:
For those who plan on receiving large CC payments via Paypal, I received the following Policy Update last month:

"U.S. User Business Information

Notice Date: March 4, 2004
Effective Date: April 13, 2004

Effective May 2004, PayPal will require U.S. Premier and Business users who receive more than $2,000.00 USD a month in payment volume through PayPal over three consecutive months to provide supplemental information about their businesses including business categorization, sales venue and business URL information. "


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According to my math, in order to maximize your bonus and receive 100K AA mi, you'd have to setup an auction for $9555.56
This would cost you (via the seller): $842.41
Assuming you paid with a CC, your effective cost per AA mi: 0.769cents/mi.

No thanks, I'll stick with CharterOne for now.
By my calc ($2.46 per 1K mi for CharterOne/Money Orders), that's only $246 for 100K AA mi. Sure, it's over 20 months but hey, that's a ~$600 savings -- and I can make up a good chunk of the $246 in interest.
gunn is offline