Originally Posted by
Matt4200
I guess I’m lost in your post it’s kind of everywhere.
I didn’t say MS wasn’t profitable I said I wouldn’t recommend it. I wouldn’t recommend it because many MS methods are shut down and it’s a fairly grueling process, especially if you have a 10k or less limit on your WOH card.
The harder part is investing your time which you should factor in and finding a bank that’s okay taking tens of thousands in MO’s.
Id agree with this if a person was 1st starting out MSing. For me I have to go out of state to unload and that doesnt right over the border either, but after crunching the #s it still pays for me (not saying for everyone). I also like to get away for 2-3 days and do so to where I know I can unload w/o any problems and thou it costs me Miles/Pts for the tkt and hotel nights and car every year my stash of pts/miles is worth less and less so I dont mind using them and basically my out of pocket is just the gas and $11.20 security fee on the tkts
Funny thing is I called Chase yesterday since they sent me an email that they raised my CL by $5K it was already over 25K , and I asked them to take back the increase, I have enough CLs over all my Chase CCs that arent being used that I didnt want to add any more least a Non-Chase CC comes along that I want and be told sorry you have too much outstanding as it is on all your other CCs.
lastly some folks like me have so much time on our hands that MSing is a nice way to use some of it up
Its a YMMV issue where as I said above each person should crunch their #s to see if its a good deal for them or not eg I just finished eating in a restaurant and driving a few mins see a sign "All you can eat $11.99. Well with a full stomach it wouldnt be a good deal for me , yet for someone who hasnt eaten since breakfast will indeed be a good deal.
Also someone who is on their own Dime and wants to maintain being Globalist and staying BIB(butt in bed) 60 nights a year is hard to maintain, well getting the 2 nights per $5K is a sweet way to Globalist and the pts earned can offset a few award nights which earns Night credit as well. Even someone on their companys Dime might not get the 60 nights so MSing will make up the difference. But as you said if a person has a low CL forgetaboutit or even if a person has a high CL but wouldnt put much else on the CC I wouldnt recommend it either. But putting 5 figures in MS a month when you are also putting on 5 figures in non-MS isnt gonna be a problem,IMO