Good question really.

There are 788 posts on that one and 41,372 page views, so it seems clear it is a subject of enormous interest to FT'ers. Perhaps it really does boil down to a conscience thing for each individual in the end?

If WalMart or Charter One etc wanted to stop it, a memo prohibiting this route would surely kill it dead? These things are all closed down eventually and folks like FT'ers are usually the ones to have seen the loophole, and used it before they do - if their conscience lets them. I am not saying that facetiously, and I for one could not and would not be bothered with all the mess around and hassle for a few 1000 miles and have not bothered, but I know many others have.

Knowing my luck they'd retroactively charge me some extra new fee per gift card transaction, making the miles not so 'cheap'.

http://www.flyertalk.com/forum/showt...?t=9573&page=1