Originally Posted by
dealhunter32
Why would you want $50,000 of Visa gift cards in a fireproof safe for two years to use for your "business"? Is this to hide assets for a divorce? Are you planning a "bust-out" with your credit lines (i.e., fraud)?
LOL! Nope - no bust-out, no divorce. Is that what fraudsters do? ... it's amazing how these types of questions always attract people who assume the worst. Maybe there are lots of real fraudsters in these forums, so that would explain your suspicion.
In any event, my "business" is a real business, an LLC, a startup internet business. I want to get points, and also take advantage of a 0% rate that will be expiring on this card. This is my only chance to borrow money at 0%, with almost no fees, so i want to take advantage of it, even if the money sits there over the next year or so (no loss to me). I have no other way to borrow money at 0% (my other cards are 17 to 20% rates). The points are also a huge bonus (although the window of opportunity for those doesnt expire, AFAIK).