After reading about the seminar, I am positive this is using the Charter One giftcards (why else would he specify US address, mileage earning credit card, $5,000 limit, card in spouse's name? You can get up to $5,000 of Charter One gift cards per month, that would be $10,000 with the spouse, exactly the amount he says you can get each month. And, I am sure he is using the ING account already talked about elsewhere on FT.