Purchase points at $.0132?
Apr 20, 2022 | 1:20 pm
#2
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UR points? I could currently get $0.015 in value out of them (Pay Myself Back) with my CSR with zero effort, so while the gain is small, I would be a buyer if it was easy/safe. It would probably also not hard to get good value out of transfers if you happen to have travel plans.
Apr 20, 2022 | 1:24 pm
#3
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UR points? I could currently get $0.015 in value out of them (Pay Myself Back) with my CSR with zero effort, so while the gain is small, I would be a buyer if it was easy/safe. It would probably also not hard to get good value out of transfers if you happen to have travel plans.
Occasionally I'll run into a Motley Fool buy deal (via the Chase shopping portal) where for $99 dollars you can get 7,500 points.
Apr 20, 2022 | 2:12 pm
#4
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Apr 20, 2022 | 2:28 pm
#5
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Considering that many people essentially routinely "buy", even speculatively, all varieties of miles and points for ~$0.02 by way of CC tax payments, it might very well "be considered a "good" deal" to buy them at $0.0132. Personally, if I didn't currently have a high 6 figure UR balance I'd consider it.
Apr 20, 2022 | 5:23 pm
#7
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Considering that many people essentially routinely "buy", even speculatively, all varieties of miles and points for ~$0.02 by way of CC tax payments, it might very well "be considered a "good" deal" to buy them at $0.0132. Personally, if I didn't currently have a high 6 figure UR balance I'd consider it.
Apr 20, 2022 | 5:46 pm
#8
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It’s good to have goals. Although, the prevailing majority opinion, which I do not share, is that saving or banking points and miles for future use is unwise (due to frequent “devaluations”) in favor of ”earn and burn.” Unfortunately, sometimes these days a seven-figure balance is required for a specific award.
Apr 20, 2022 | 6:40 pm
#9
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It’s good to have goals. Although, the prevailing majority opinion, which I do not share, is that saving or banking points and miles for future use is unwise (due to frequent “devaluations”) in favor of ”earn and burn.” Unfortunately, sometimes these days a seven-figure balance is required for a specific award.
Apr 23, 2022 | 12:43 pm
#11
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With a similar example, I paid a couple months of rent through my building's portal using my Ink Unlimited for 1.5x. I was charged a fee of I believe 2.5% to use a credit card. I justified this as me buying UR at approx. 1.6 cents per, which I knew I would regularly be able to redeem at higher value.
Apr 23, 2022 | 4:18 pm
#12
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With a similar example, I paid a couple months of rent through my building's portal using my Ink Unlimited for 1.5x. I was charged a fee of I believe 2.5% to use a credit card. I justified this as me buying UR at approx. 1.6 cents per, which I knew I would regularly be able to redeem at higher value.
Apr 23, 2022 | 8:15 pm
#13
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Apr 23, 2022 | 9:28 pm
#14
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If it's Chase becoming suspicious... all my earnings have been legit earnings. Transfers from my business account, maxing out the quarterly spend on the Freedom cards. Using the CSR for 3x purchases. all legit and above board.
Apr 24, 2022 | 6:21 am
#15
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Most recent discussion here, beginning at post 567: https://www.flyertalk.com/forum/chas...l#post34130556
The notion is that a "large" rewards account balance will attract an audit.
The notion is that a "large" rewards account balance will attract an audit.