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Man Buys $60K Tesla with Ink Business Preferred & Plastiq...Earns 3X Points!

Man Buys $60K Tesla with Ink Business Preferred & Plastiq...Earns 3X Points!

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Old Aug 16, 18, 12:44 pm
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Man Buys $60K Tesla with Ink Business Preferred & Plastiq...Earns 3X Points!

I came across this story today. Apparently, this gentleman paid for his new Tesla through Plastiq, using his Chase Ink Business Preferred Card. The transaction netted him 180,000 Chase UR points. Even paying Plastiq's 2.5% fee (approx. $1,470), he still comes out ahead if he transfers the points to the right airline or hotel program. As a non-millennial who has no idea what Plastiq is, I admit I just may have to read up on it

https://www.cnbc.com/2018/08/16/29-y...n-rewards.html
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Old Aug 16, 18, 1:47 pm
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I'm still annoyed that the "affordable" "$35k" Tesla actually costs $60k.
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Old Aug 16, 18, 2:06 pm
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Originally Posted by Hotel Points Guy View Post
..... As a non-millennial who has no idea what Plastiq is, I admit I just may have to read up on it ....
Start here:

https://www.flyertalk.com/forum/manu...tc-2018-a.html
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Old Aug 16, 18, 2:12 pm
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Originally Posted by Hotel Points Guy View Post
I came across this story today. Apparently, this gentleman paid for his new Tesla through Plastiq, using his Chase Ink Business Preferred Card. The transaction netted him 180,000 Chase UR points. Even paying Plastiq's 2.5% fee (approx. $1,470), he still comes out ahead if he transfers the points to the right airline or hotel program. As a non-millennial who has no idea what Plastiq is, I admit I just may have to read up on it

https://www.cnbc.com/2018/08/16/29-y...n-rewards.html
Doesn't even need to transfer to come out ahead.

He's got 4.5c/point if he just uses the UR points to book travel through Chase's portal.
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Old Aug 16, 18, 2:40 pm
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Originally Posted by gfunkdave View Post
I'm still annoyed that the "affordable" "$35k" Tesla actually costs $60k.
Same. One of my friends is taking delivery of his in a couple weeks so I'm keen to check it out. He told me he also used Plastiq to put his downpayment on it to earn the 3x UR.
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Old Aug 16, 18, 2:45 pm
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Originally Posted by josephstern View Post
Doesn't even need to transfer to come out ahead.

He's got 4.5c/point if he just uses the UR points to book travel through Chase's portal.
I should add the caveat here: assuming he has a Chase Sapphire Reserve.
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Old Aug 16, 18, 4:03 pm
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Welp, looks like 3x on Plastiq won't be around for very long...
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Old Aug 16, 18, 4:05 pm
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Originally Posted by gfunkdave View Post
I'm still annoyed that the "affordable" "$35k" Tesla actually costs $60k.
The $35k model isn't available yet. The one you refer to is $60k because they have extended range and usually a few options. I know someone who does want barebones and his delivery date keeps slipping.
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Old Aug 16, 18, 4:23 pm
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Originally Posted by gfunkdave View Post
I'm still annoyed that the "affordable" "$35k" Tesla actually costs $60k.
Adding the $4,688.75 sales tax, $393.00 vehicle license fee, the $267 registration fee and the $7.00 tire fee, mine came out to a total of $65,855.75.
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Old Aug 16, 18, 4:36 pm
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Originally Posted by ROW2Aisle View Post
Adding the $4,688.75 sales tax, $393.00 vehicle license fee, the $267 registration fee and the $7.00 tire fee, mine came out to a total of $65,855.75.
Wish I had titled mine in South Carolina. Sales tax is capped at $500.
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Old Aug 16, 18, 7:37 pm
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It reminds me how someone on a PBR interview or similar TV interview bragged about how she bought the US Mint $1 coins to earn free points... Shortly after that, the once quietly plucking along for over 2 years US Mint $1 purchase was no more....
Such an idiot.
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Old Aug 18, 18, 11:54 am
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Originally Posted by ROW2Aisle View Post
Adding the $4,688.75 sales tax, $393.00 vehicle license fee, the $267 registration fee and the $7.00 tire fee, mine came out to a total of $65,855.75.
Not to get too off topic, but at least your registration fee is cheap. Here in Maine it's an annual excise tax based on the car's age and MSRP. Your first year's registration here would have been $1452.
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Old Aug 18, 18, 12:25 pm
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Wow, maybe this guy killed 3x on Plastiq because as of 8/16/18 it seems to have died. RIP
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Old Aug 18, 18, 12:31 pm
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Originally Posted by 3sgtekb View Post
Wow, maybe this guy killed 3x on Plastiq because as of 8/16/18 it seems to have died. RIP
Well, I'd say it might not be him, but the coverage of him.
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Old Aug 18, 18, 7:52 pm
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Originally Posted by josephstern View Post
Well, I'd say it might not be him, but the coverage of him.
Had he not talked to somebody at the media, just how the media would know and the bragging become so widely publicized?
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