FlyerTalk Forums - View Single Post - Any way to earn points when they don't accept a card?
Old Jan 28, 2001 | 9:38 am
  #6  
dgordon
 
Join Date: Apr 1999
Location: Oak Park, IL
Programs: AA 2 MM LIfetime Platinum, SPG Platinum, Hilton Silver, BA
Posts: 3,585
It would be very important to read previous threads on Chase Currency to Go. When it first hit the boards, so many people started ordering TC frequently that Chase became suspicious and started sending out letters blackballing people. I find now, when I am flying internationally, I order a small amount of foreign currency and get my checks. The max is about $1000 per purchase, with probably a limit of 4 per year. Based on a similar question awhile ago (I brought it to the top) I started buying savings bonds which have a 3 month interest penalty if you cash in before 5 years, and I believe you can't cash in at all before 6 months. II bonds pay 6.49% right now, so you can do the math and see what you would actually get and lose on your money if your plan was to cash them in after 6 months. You can buy $30,000 per year per SS#. Since my daughter is a Freshman in High School, 5 years will work out fine if they won't accept credit cards. If they do, and I have the cash flow, I'll leave those bonds for retirement. Either way I have gotten points for my money.
Citibank just came up with something called C2it in which you can send money from your credit card via "e-mail" It will not charge for the first 90 days and can be charged against any MC or VISA, so if you have a AA citibank card you will get miles. It has a limit of $1000 per 4 days, and after the 90 days has a $2.00 transaction fee for a maximum of $500.00 At that point you are paying too much for your miles. For the first 90 days, you can rack up about 20,000 miles. If you have more than 1 mileage card, and more than 1 e-mail address, you might figure something different. If sent to your son, he can deposit it into a checking account from which the tuition is paid. This is a new thing, so hopefully people won't overdue it and ruin it. Go to www.c2it.com/send20
The Chase Travelers checks charged to AA Advantage Citibank card go through as a purchase. I just bought TC and Lira for my upcoming trip to Rome

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DtG

[This message has been edited by dgordon (edited 01-28-2001).]
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