Buy Presidential Dollar Coins with CC @ Face Value, Free Shipping
Oct 15, 2008, 4:36 am
#916
Join Date: Aug 2008
Location: Somewhere in Florida
Posts: 2,620
Why do many people want to buy the coins to spend? Is there a difference swiping your card for the points, then spending the coins as compared to swiping your card for the actual transactions? Granted that not all places accept card, but if you were to replace part of what is supposed to be a card transaction with the coins, you will still get the same amount of points.
I've not encountered people who flat-out refused to take them but I have come across a few places which were unfamiliar with them. On the flip side of this, I lugged quite a few of them over to a Wachovia branch and the tellers were amazed to see US Mint-wrapped coins and were very grateful for them -- apparently one of their customers comes in regularly asking for the coins. I'll be more than happy to keep them well-stocked.
Oct 15, 2008, 6:10 am
#917
FlyerTalk Evangelist
Join Date: Mar 2002
Location: Saipan, MP 96950 USA (Commonwealth of the Northern Mariana Islands = the CNMI)
Programs: UA Silver, Hilton Silver. Life: UA .57 MM, United & Admirals Clubs (spousal), Marriott Platinum
Posts: 15,036
Leaving merchandise at the counter works well to train recalcitrant merchants.
Oct 15, 2008, 8:15 am
#918
Join Date: Sep 2007
Location: IAD
Programs: UA Gold + 1MM; HHonors Gold; Marriott Plat
Posts: 747
Y On the flip side of this, I lugged quite a few of them over to a Wachovia branch and the tellers were amazed to see US Mint-wrapped coins and were very grateful for them -- apparently one of their customers comes in regularly asking for the coins. I'll be more than happy to keep them well-stocked.
Oct 15, 2008, 9:46 am
#919
Join Date: Jun 2002
Location: niwot, co
Posts: 295
Purchase them on a Chase card and then take them into our local Chase to pay the bill. Just like a finely tuned system. No problems.
Oct 15, 2008, 7:47 pm
#920
Join Date: Feb 2005
Location: Boulder, CO
Programs: UA, AA, WN; HH, MR, IHG
Posts: 7,054
Sure, the merchant may very well decide to "break policy" to complete the sale. My point was that they are not legally obligated to do so in such circumstances. This is in contrast to someplace like a sit-down restaurant, where you pay only after you eat; there, the merchant is legally obligated to accept all forms of legal tender.
Oct 15, 2008, 10:16 pm
#921
Original Member
Join Date: May 1998
Posts: 2,505
I purchased $500 of the coins on my American Airlines credit card.
OK. I am hooked. Thanks, guys.
- The charge posted as a purchase.
- I had them shipped to my U.S. Post Office post box.
- They arrived at the post office registered mail, even though I did not request this. I had to sign for the package,
- Two boxes of coins are not very heavy. I transported them from the post office to my Washington Mutual branch office, where I was going anyway.
- WaMu accepted the coins as a deposit without complaint or charge. (Bank of America said they would, too.)
- The deposit is earning interest before I have to pay the credit card bill.
OK. I am hooked. Thanks, guys.
Oct 16, 2008, 3:00 pm
#922
Join Date: Jul 2008
Programs: Delta GM, HH Diamond, SPG Gold, Priority Plat, Avis Prez
Posts: 105
So how many times can this be done? I know it's limited per ORDER but is there a limit to the number of orders that can be placed by an individual?
Oct 16, 2008, 3:19 pm
#923
Join Date: Jun 2005
Location: SFO
Programs: UA 1P, AA Gold
Posts: 102
Delivery
Also just purchased $500 of George Washingtons (order made 6 days ago) on US Dividend Airways card. Arrived at my door via UPS about one hour ago, and driver left without waiting for a signature.
Now off to the bank (Citibank) to see if they'll accept the coins as rolled.
Now off to the bank (Citibank) to see if they'll accept the coins as rolled.
Oct 16, 2008, 3:50 pm
#924
Join Date: Feb 2006
Location: DC Metro (WAS--DCA/IAD/BWI)
Programs: AA Plat 2MM, OW Sapphire, QF Bronze, Marriott Silver, Starwood Gold; National Emerald
Posts: 2,533
I've not encountered people who flat-out refused to take them but I have come across a few places which were unfamiliar with them. On the flip side of this, I lugged quite a few of them over to a Wachovia branch and the tellers were amazed to see US Mint-wrapped coins and were very grateful for them -- apparently one of their customers comes in regularly asking for the coins. I'll be more than happy to keep them well-stocked.
I told them they can save some money and I'll provide them with them.
Steve
Oct 16, 2008, 4:38 pm
#925
FlyerTalk Evangelist
Join Date: Jun 2008
Location: Rural TN (but WAS native)
Programs: National Executive Elite, none of the others matter
Posts: 23,823
YMMV but I had an order canceled while trying to use another CC but same address - I'm not going to add an "apartment" to my home address.
Oct 16, 2008, 4:40 pm
#926
Join Date: Mar 2005
Location: Chicago
Programs: Formerly: UA 1K, SPG Gold, Marriott Silver, FT Addicts Anonymous; Currently: Grounded
Posts: 829
Just ordered $2.5k worth on Starwood AMEX. Any cards with double point offers coming up?
Oct 16, 2008, 6:10 pm
#927
FlyerTalk Evangelist
Join Date: Nov 2002
Location: BOS, MHT
Programs: AA ltg, B6, DL, UA, AS, SPG/Marriott Plt, HH, Hyatt
Posts: 10,052
I purchased $500 of the coins on my American Airlines credit card.
OK. I am hooked. Thanks, guys.
- The charge posted as a purchase.
- I had them shipped to my U.S. Post Office post box.
- They arrived at the post office registered mail, even though I did not request this. I had to sign for the package,
- Two boxes of coins are not very heavy. I transported them from the post office to my Washington Mutual branch office, where I was going anyway.
- WaMu accepted the coins as a deposit without complaint or charge. (Bank of America said they would, too.)
- The deposit is earning interest before I have to pay the credit card bill.
OK. I am hooked. Thanks, guys.
And, as said earlier, if you get a new AA MC and need to spend the $750 to get the 25,000 mile bonus for first purchases, just buy a load of coinage and you are done!
Cost for 25,750 miles? $0.
Free ticket to Fiji with family after doing that a bunch of times?
Priceless.
MMas also said before, citi mastercards are among the only I know of that will allow the customer to call into CS and ask them to set the cash advance amount limit to $0 to never even have to worry about it NOT being a purchase!
Oct 16, 2008, 7:00 pm
#928
Join Date: Feb 2005
Location: Boulder, CO
Programs: UA, AA, WN; HH, MR, IHG
Posts: 7,054
Oct 16, 2008, 7:33 pm
#929
Join Date: Oct 2005
Programs: Hilton Honors Gold, SPG Gold, Avis Presidents Club, Hertz #1 Club Gold, National Exec., Delta Silver
Posts: 51
Oct 17, 2008, 1:10 am
#930
FlyerTalk Evangelist
Join Date: Jan 2005
Location: home = LAX
Posts: 25,933
Meanwhile, you can't stick a fake apartment number on a PO Box number, or a non-USPS POish box (say, UPS Store) Suite number, or (if you actually live in an apartment) your own address which already includes an apartment number. And the person you were replying to is using one of those (a PO Box).
(And not all people's workplaces allow delivery of personal packages. So for some people "ship another package to work" isn't an option either.)
So can you please explain how someone who can't use (or fake) multiple addresses can do it 10 times at $500 each?