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Thread: Using Kiva to manufacture spend
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Old Apr 24, 2018, 10:53 pm
  #153  
ChrisFlyer66
 
Join Date: Mar 2011
Location: SAN
Programs: Delta Gold. Hilton Diamond. Hyatt Explorist.
Posts: 1,680
Originally Posted by kaw753
You are forgetting the opportunity cost of the dollars lent. The loan takes time to pay back and that is costing you money.

How did you get 33,000 UR points for $9500 in lending? Since US Bank killed the Flexperks charity bonus on Kiva, it has been slow going.
Originally Posted by calwatch
He's probably using Kiva to unload office supply store $200's and $100's. That's what I do, since running a bunch of $200s at Walmart is annoying at best, suspicious at worst. It's my go to choice for $200/$100 MS from the comfort of my home.
Either that, or just using kiva loans to meet the spend requirement for a signup bonus. So far I don't think any credit card issuer is denying points or closing accounts for funding kiva loans.
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