Amazon Payments for pushing points/spend
Jan 12, 2012 | 8:18 pm
#1
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Amazon Payments for pushing points/spend
I signed up with Amazon Payments, one account for me and one for my wife, and it appears that I can simply pay her from a credit card, move the money out to our bank account, and get points and credit for spend for doing nothing. There is a $1000 limit per account per month.
I'm sure that in time they will change this. Paypal requires that credit card funded payments go to an account with fees on receipts. But for now it seems like a freebie.
Has anyone been warned/limited/banned from doing this? I've seen speculation on other threads about how not to be obvious, but does anyone know if they are actually looking at it?
Given my cc strategy for the year, pushing an extra $1000-$2000 a month would be really helpful.
I'm sure that in time they will change this. Paypal requires that credit card funded payments go to an account with fees on receipts. But for now it seems like a freebie.
Has anyone been warned/limited/banned from doing this? I've seen speculation on other threads about how not to be obvious, but does anyone know if they are actually looking at it?
Given my cc strategy for the year, pushing an extra $1000-$2000 a month would be really helpful.
Jan 12, 2012 | 8:56 pm
#2
Join Date: Dec 2004
Posts: 8,224
Yes. There are other threads about Amazon closing accounts. You can also check on Slickdeals and Fatwallet.
Jan 13, 2012 | 12:33 am
#3
Join Date: Jun 2011
Posts: 315
I signed up with Amazon Payments, one account for me and one for my wife, and it appears that I can simply pay her from a credit card, move the money out to our bank account, and get points and credit for spend for doing nothing. There is a $1000 limit per account per month.
I'm sure that in time they will change this. Paypal requires that credit card funded payments go to an account with fees on receipts. But for now it seems like a freebie.
Has anyone been warned/limited/banned from doing this? I've seen speculation on other threads about how not to be obvious, but does anyone know if they are actually looking at it?
Given my cc strategy for the year, pushing an extra $1000-$2000 a month would be really helpful.
I'm sure that in time they will change this. Paypal requires that credit card funded payments go to an account with fees on receipts. But for now it seems like a freebie.
Has anyone been warned/limited/banned from doing this? I've seen speculation on other threads about how not to be obvious, but does anyone know if they are actually looking at it?
Given my cc strategy for the year, pushing an extra $1000-$2000 a month would be really helpful.
Not only will you be banned , it could trigger a financial review from your CC company as has been reported. However, there have also been people getting away with it.
Jan 13, 2012 | 7:18 am
#4
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