Originally Posted by
curious_miles
It's a pity that I didn't know about gc.com. I was thinking of the following, but given that it sounds too good, I guess something wrong with my logic. Please point out.
I have about 10K tuition payments for my kids.
1. buy 10 e-supercertificates totalling 10K and pay the digital delivery fee (49.5 dollars) through AA e-shopping with mastercard and get 40K AA miles. (2 miles per dollar, but double with mastercard)
2. Order 100 cards of $100 mastercard giftcard. No fee here.
3. Use the 100 mastercards to pay for the 10K tuition.
At the end? 40K miles for 49.5 dollars!
what's wrong here?
thanks for pointing out weak mind.
I know there are some restrictions on the mastercard giftcards... Hopefully some more experienced FT'ers will chime in, but I did find this:
# GiftCertificates.com MasterCard Gift Card Order Limits:
10 Cards or $750 per week
40 Cards or $3,000 per month
So you can only get $3000 in Mastercard's per month at the very most...