I am new and want to be an insider. I am sick when I see tricks posted in blogs even if I learn them. This is a game that can end any time! Interested to know by private message. I spend 20K per month in cash and checks for business. Spend lots more by cards but in a straight way. I do a great deal of business with Chase. Why not call them and say I want to charge all of my expenses I can.

Can I buy gift cards etc and in what amount? Yes I know how. Not my question. Why shoudn't a business owner running lots of money through ask what they will accept in terms of gift card, VR, etc spend? I will not call but would like some info. Thanks to anyone willing! I love them because they listen. Call with a real reconsideration issue and it is heard. Comments please.

You are kidding right, 20k a month is not big money...for a business.

Many has salaries more than that,

So you are going to run your business by buying a bunch of gift cards and putting your business charges on them? Your accountant will love you lol.

Have you read any, I mean ANY thread in the MS forum?

May I suggest you start here?

Is this for real?

one of the best 1st posts I've seen and trust me there are some doozies around here

This guy needs to spend more time with his 2 great kids and leave this game alone. Maybe newuser0 is his son?

lol, newuser0 has had some good ones too. However, kids and great in the same sentence...I am not sure about that one because 99.9% of the kids I know, or see in public, are far from great

Do you want to call Chase and ask them to be your payment processor for running gift cards
I will tell you what will happen in that case

1. You will either be shut down upon first couple transactions or
2. Best case, you will get a hefty tax bill in the mail

If you are so annoyed about discussing MS then don't come here. Being an elitist jerk here will not help you anywhere, especially if you have nothing productive to share and just benefit from work of others
Not cool man

No - opportunities can and do end at any time, but the game is eternal!

As they say in Rhome, Texas - Volaturus nos liberi, yall!


"This is a game that can end any time!"

I don't recommend OP doing it on the business account that can't be traced easily. Just my two cents.

I have nothing to PM you that is magically insightful. And, I feel like you asked a legitmate question, but unfortunately couched it kind of as a 'I am n00bie, hold my hand for uber pts plz' post. Ergo the somewhat unjustified flaming.

But as a fellow self-employed small business owner and avid MS'er, I have two pieces of advice:

Do not do not do not mix your "raw" MS into actual business practice and financial flow. Not only will your accountant (not) love you, but the IRS will smirk while you try to explain the river of dollars going hither and thither. If it doesn't match to the penny, then it's always still questionable. Don't invite that kind of pain.

With that said, you should have no compunctions about getting multiple and various business credit cards... and using them for MS (but NOT for primary business). I have a card for primary business and it remains unsullied by MS.

Sure, I could generate a goodly amount of extra MS by, for example, paying myself in GCs, renting my home office via Bluebird, paying premiums, etc by money orders funded by OV. But frankly, its not worth the hassle that might occur to explain things. I write a check or do individual bank transfers. Penny for penny match with my books. Yay. At the end of the year, I hand my account a cover sheet summary and a small pile of paperwork with month-by-month accounting.
I do plenty of MS ($25k-40k/mo, depending on how much time I have to put towards it) without having to create business audit headaches.


And finally, no financial institution is going to tell you where the boundaries lie. e.g. "Spend $51,238 on obvious MS junk and you're ok. One cent over and you're hosed." It just isn't going to happen. I don't believe there is an official threshold-- it varies by person, accounts, relationship, history, etc etc.

Find what you're comfy with, ride it for a while and make sure nothing bad happens... *LEARN the organizational necessities to sustain a large level*.... scale up some.. ride it... scale up some... repeat ad nauseum...

But, remember no amount of cashback/miles rewards are worth risking your family's financial stability, and I guarantee (not really) you will hit a discomfort threshold before you hit a bank's red alert button. And that's your equilibrium point.

First step: visit as many stores as you can, and report back to the group the ones that sold you VRs with Chase CCs. If you can provide solid info like that, I'm sure everyone will be happy to help you further expand your MS efforts.

Oh, I know, my comment was more sarcastic than anything.

I just reread the original post and honestly I have no idea what he is trying to say. It makes no sense to me.

Around here 20k is not big money for not having a business. hahaha