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Originally Posted by richardinmotion
(Post 22163134)
I see.... I guess its some type of barrier to entry :confused:
Most questions are usually asked a million times in the last 10 pages. If you really want to be spoon fed. There is blogs made for just that. Circles and arrows too! |
Originally Posted by richardinmotion
(Post 22163134)
I see.... I guess its some type of barrier to entry :confused:
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Originally Posted by toxicity
(Post 22163432)
As someone who just did first VR ever tonight - the time you invest to read this thread is 100% worth it and then some. You need to know what you are doing.
Question for others: I'm only doing this to really pay rent to collect some miles, so the spending will be moderate. Maybe $1500 per month. I don't intend to ever try to float debt between different CCs, and I'll pay off my balances promptly. So...would you say that in my situation I'll be fairly under the radar and that my only true worry is to wonder how long this CVS/VR thing will last, rather than worrying about my credit card company shutting me down? |
Originally Posted by Ruhr
(Post 22163606)
Congrats toxicity. I, like you, am a relative noob too. Did two transactions of 1000, then 500 earlier this month. Went smoothly.
Question for others: I'm only doing this to really pay rent to collect some miles, so the spending will be moderate. Maybe $1500 per month. I don't intend to ever try to float debt between different CCs, and I'll pay off my balances promptly. So...would you say that in my situation I'll be fairly under the radar and that my only true worry is to wonder how long this CVS/VR thing will last, rather than worrying about my credit card company shutting me down? Anything can change--vrs could go away next week or last for months and years. We never know. But I would say you are well beliw the radar and it is a good use of the vr and a great way to start should you ever ramp up later Good work! :) mm |
Originally Posted by Ruhr
(Post 22163606)
So...would you say that in my situation I'll be fairly under the radar and that my only true worry is to wonder how long this CVS/VR thing will last, rather than worrying about my credit card company shutting me down?
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Originally Posted by Ruhr
(Post 22163606)
Congrats toxicity. I, like you, am a relative noob too. Did two transactions of 1000, then 500 earlier this month. Went smoothly.
Question for others: I'm only doing this to really pay rent to collect some miles, so the spending will be moderate. Maybe $1500 per month. I don't intend to ever try to float debt between different CCs, and I'll pay off my balances promptly. So...would you say that in my situation I'll be fairly under the radar and that my only true worry is to wonder how long this CVS/VR thing will last, rather than worrying about my credit card company shutting me down? |
Originally Posted by DavidAL
(Post 22163633)
Granted I don't know what you're normal spend/income is, but if you're only doing $1500/month, you have nothing to worry about regarding getting shut down. You may be the lowest roller on this thread with those numbers. There's some people here doing 100x that now.
I totally get what I have to do in order to start ramping up: I need to redeposit money safely and cycle through; just not sure I want to go there. I regard this VR thing as a vast field of golden beans, just waiting for the taking. Right now I'm grabbing handfuls and stuffing them in my pockets. I'm not ready to fill up satchels and backpacks of the stuff, let alone wheelbarrows full. :p Regardless, even if I limit myself to bona fide spending, the way I see it is that's 1000+ miles I'm earning monthly (for my rent) which I wasn't earning before! ;) |
Originally Posted by DavidAL
(Post 22163633)
Granted I don't know what you're normal spend/income is, but if you're only doing $1500/month, you have nothing to worry about regarding getting shut down. You may be the lowest roller on this thread with those numbers. There's some people here doing 100x that now.
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Originally Posted by jwhite.ft
(Post 22163817)
$150,000/month in MS? Holy crap. I'm shocked there are even enough incentive programs to deal with that.
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I'm lazy and I did 50k on bluebirds this month. 10 trips to CVS all on Bluebirds. If I had 30 bluebirds, I could easily do 150k. One of my resolutions was that I would take less of a profit and stay out of Walmart for awhile. It always gave me a headache.
Everytime someone boggles at manufactured spending numbers, I shake my head. It would not surprise me if people in here were on teams doing 1 million with 5-6 people/license/well stocked CVS's with good networks with the manager. I have one manager at CVS who keeps it stocked for me and thanks for helping numbers, and I'm not exactly personable. I rotate around 6-8 different CVS's so they should only see me 1-2 times at 5k per spend. "How do you get 10 bluebirds?!" - Me, wife, mother in law, father in law, my mom, my dad, my military brother who is not interested in MS'ing, my grandmother in law, my grandfather in law and brother in law. |
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Like toxicity, I did my first MS (CVS-->VR-->BB) after A LOT of reading and then finally saying "go for it". Easy as pie.
The one question I have: Right now I'm just charging on two Chase VISAs (one business one personal), then using the BB to pay my AMEX Plat. How often can I buy VRs with each Visa? Everyday for $500/each? 2x$500/each? TIA John |
Originally Posted by medichill
(Post 22165717)
Like toxicity, I did my first MS (CVS-->VR-->BB) after A LOT of reading and then finally saying "go for it". Easy as pie.
The one question I have: Right now I'm just charging on two Chase VISAs (one business one personal), then using the BB to pay my AMEX Plat. How often can I buy VRs with each Visa? Everyday for $500/each? 2x$500/each? TIA John |
Originally Posted by MsArbi
(Post 22165535)
Unless you have another VR source, do many under $1k purchases or have multiple IDs/people, 150k/mo requires a trip to CVS every single day without missing a reset or a beat. Possible and not really difficult, but I wouldn't say it's easily doable or practical for most because of the schedule, the timing and the unexpected.
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