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lad2 Apr 9, 2014 3:07 pm


Originally Posted by Wonko (Post 22678410)
Is there anyone anywhere who can report with any confidence that this happened? It's repeated over and over like a mantra but I'm not aware of any documentable truth to it.

So what stopping you from trying it out yourself? That's the quickest and surest way to get your answer.

AlohaDaveKennedy Apr 9, 2014 3:16 pm

The Bezos Tribe of Headhunters is a fickle bunch. There are no hard and fast rules in the jungle as people have had a wide variety of experiences doing the same thing. Sometimes they get hit by poison darts and sometimes they don't. Sometimes killed accounts can be revived like zombies and sometimes even Marie Laveau can't reanimate them. Nothing is definitive when you run through the jungle.:p


Originally Posted by Wonko (Post 22678410)
Is there anyone anywhere who can report with any confidence that this happened? It's repeated over and over like a mantra but I'm not aware of any documentable truth to it.


ericdabbs Apr 9, 2014 3:42 pm


Originally Posted by Wonko (Post 22678410)
Is there anyone anywhere who can report with any confidence that this happened? It's repeated over and over like a mantra but I'm not aware of any documentable truth to it.

Then feel free to try it out and keep track of the number of times it works. Its as simple as that. Do AP transfers constantly in sets of $500 to liquidate VGCs.

Wonko Apr 9, 2014 11:29 pm


Originally Posted by lad2 (Post 22678432)
So what stopping you from trying it out yourself? That's the quickest and surest way to get your answer.

Why so defensive about someone else's baseless conjecture?


Originally Posted by ericdabbs (Post 22678618)
Then feel free to try it out and keep track of the number of times it works. Its as simple as that. Do AP transfers constantly in sets of $500 to liquidate VGCs.

You made the claim... the onus is on you to back it up, not on someone else to disprove it.

ericdabbs Apr 10, 2014 12:20 am


Originally Posted by Wonko (Post 22680569)
You made the claim... the onus is on you to back it up, not on someone else to disprove it.

I don't need to prove anything. I don't care to use AP to liquidate VGCs unlike you. If you don't think the advice that is given to you is accurate then it is up to you to prove it wrong. Why should I risk my AP account when I have no interest in liquidating VGCs to AP just because you said so? If I did what you said and tested it out and my AP account gets shut down...then what, you will finally believe me and I am left holding the bag with a suspended AP account and you screw me!! Get real. If you think I am full of crap then feel free to totally ignore what I said and liquidate VGCs to AP. I am not your mom so you can do what you feel like. Don't ask a questions where you don't like to hear the answer to.

Obviously if you claim that you have heard of this mantra spoken of over and over that this doesn't work then several folks must have tried it at some point and reported back as a failure and therefore has spread the word as a possible factor of shutdown. For a few VGCs....sure it will work but if you are asking about long term sustaining as in 9 months to 1 year of using VGCs as a funding source I don't know.

skibum7732 Apr 10, 2014 2:45 am


Originally Posted by Wonko (Post 22678410)
Is there anyone anywhere who can report with any confidence that this happened? It's repeated over and over like a mantra but I'm not aware of any documentable truth to it.

Not sure why anyone would want to liquidate them on AP anyway, as there are way better ways of getting rid of them. However, go ahead and try it for a few months and report back.
No one here is going to provide you with "documentable proof." Very little, if anything, on FT has any sort of "documentable proof" so you may just want to move along if you do not want to trust what numerous people have told you...I doubt you will be missed with the attitude you possess:p

msiamsia Apr 10, 2014 4:15 am

Would like to ask questions to a seasoned player.
Please PM me (not sure which one of you guys I should PM, so would appreciate if you could PM me.)

Thank you.

cdancer20 Apr 10, 2014 6:53 am


Originally Posted by Wonko (Post 22678410)
Is there anyone anywhere who can report with any confidence that this happened? It's repeated over and over like a mantra but I'm not aware of any documentable truth to it.

I completely understand what you have said. True that we do not know what causes people to get shutdown. Yet there are ones that seem to happen more often than others such as A->B->A $1000 every month.

I understand that you were asking if anyone has actually gotten shut down for this yet or if it's just someone's complete spectulation. It's a valid question.

daprophecy Apr 10, 2014 9:16 am

Is anyone having failed transactions? I have 3/4 that failed. Just was wondering if anyone was having similar issues. I am liquidating an amex gc and using chrome as the browser. I'll try other browsers and incognito.

Wonko Apr 10, 2014 12:19 pm


Originally Posted by ericdabbs (Post 22680674)
<childish rant about how ericdabbs' word is gospel because so many people say it that it must be true>

For a few VGCs....sure it will work but if you are asking about long term sustaining as in 9 months to 1 year of using VGCs as a funding source I don't know.

I'm not asking you anything except to back up your claim with an example, which you obviously can't do, so I can only conclude that you're just spreading misinformation. Like the old "Citi treats VR as cash advances" because I heard someone say they heard someone else say it.

But I'll answer the question I didn't ask: yes, it's sustainable for 9 months to 1 year. YMMV obviously.

hamokmonky Apr 10, 2014 12:27 pm


Originally Posted by daprophecy (Post 22682427)
Is anyone having failed transactions? I have 3/4 that failed. Just was wondering if anyone was having similar issues. I am liquidating an amex gc and using chrome as the browser. I'll try other browsers and incognito.

Did you check the cards to see if they had a $1 authorization on it? Thats the most likely reason.

cyclotron Apr 10, 2014 12:28 pm


Originally Posted by lad2 (Post 22678432)
So what stopping you from trying it out yourself? That's the quickest and surest way to get your answer.

I use my and my wife's AP ONLY to liquidate Amex/Visa or MC giftcards that I get from Staples. I have been doing this for > 1.5 years with no issues what so ever. I sued to use $200 GC, so will swap out the payment method 5 times for each account every month. Now I am using $100 GCs ordered online so I am swapping out the payment method 10 times for each account every month. No issues so far and do not want any.

lad2 Apr 10, 2014 12:36 pm


Originally Posted by cyclotron (Post 22683518)
I use my and my wife's AP ONLY to liquidate Amex/Visa or MC giftcards that I get from Staples. I have been doing this for > 1.5 years with no issues what so ever. I sued to use $200 GC, so will swap out the payment method 5 times for each account every month. Now I am using $100 GCs ordered online so I am swapping out the payment method 10 times for each account every month. No issues so far and do not want any.

Thanks for the data point.

Wonko Apr 10, 2014 12:46 pm


Originally Posted by skibum7732 (Post 22681034)
Not sure why anyone would want to liquidate them on AP anyway, as there are way better ways of getting rid of them. However, go ahead and try it for a few months and report back.

I find it handy mainly for AmEx GCs.


Originally Posted by skibum7732 (Post 22681034)
No one here is going to provide you with "documentable proof." Very little, if anything, on FT has any sort of "documentable proof" so you may just want to move along if you do not want to trust what numerous people have told you...I doubt you will be missed with the attitude you possess:p

Mmm, yes, "documentable proof" was way too strong a term. If I were to write it again I'd say an example where someone has reason to believe that that's why they were shut down. As it is - numerous people have told me that numerous people have told them that they think it might be risky even though no one appears to know of a case where it actually appeared to have happened, so it's completely meaningless speculation which is contrary to my personal experience.

And I apologize for coming across with an attitude - I think it's more my writing style that evolved from a scientific background. Except for my recent reply ericdabbs which very definitely and intentionally conveyed attitude. :)

frequentflyingpenguin Apr 10, 2014 2:51 pm


Originally Posted by cyclotron (Post 22683518)
I use my and my wife's AP ONLY to liquidate Amex/Visa or MC giftcards that I get from Staples. I have been doing this for > 1.5 years with no issues what so ever. I sued to use $200 GC, so will swap out the payment method 5 times for each account every month. Now I am using $100 GCs ordered online so I am swapping out the payment method 10 times for each account every month. No issues so far and do not want any.

You sued amazon and won? *High-five!


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