Originally Posted by
inlanikai
Sounds like the old scheme with buying the dollar coins (Suzie-B's?) for no fee using an AAdvantage linked credit card direct from the US Treasury and redepositing the coins in your checking account to pay the resulting credit card bill. Leave it to FTers to find a way,
Sacagawea coins. US Mint was losing both shipping and credit card fee on each transaction as it was not being passed to buyer.
IRS is not losing out in credit card tax payments as 3rd party processors are charging credit card transaction fee. Some card issuers (2% cashback cards) are probably losing out.