Acquiring Miles in Different Countries with CC
Feb 10, 2010 | 11:17 pm
#1
Original Poster
Join Date: Oct 2009
Location: Las Vegas
Programs: AA,CO,US, and SPG Gold (just like everyone else :P)
Posts: 117
Acquiring Miles in Different Countries with CC
After seeing so many methods of acquiring miles in the states I was wondering if people of other countries have also been able to accrue thousands of miles with their credit cards.(Ex: mint deal, funding bank account, gift cards, etc)
Please share your experiences...
Please share your experiences...
Feb 11, 2010 | 4:50 am
#3
Join Date: Sep 2005
Location: NL
Programs: FB M&M AA Amex HH SPG and others
Posts: 1,929
NL: FB Amex (1-2 RDM/euro)
NL: M&M Visacard
DE: M&M Mastercard
DE: HHonors Visacard
FR: FB Amex (Amex Gold/Plat earns EQM, silver only RDM)
Besides these I know BA and BMI has their cobranded card in the UK.
FB has a mastercard in Switzerland.
M&M has several cards in several countries.
Feb 11, 2010 | 7:32 am
#4
Flyertalk Posting Legend Moderator: Credit Card Programs, American Express, Capital One, Chase, Citi, Diners Club, Eco Travel, Signatures
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA, IHG & Marriott Platinum; DL & HH Gold
Posts: 51,864
Indeed, but I think the question is whether there have been opportunities in other countries to use those cards in economically unproductive ways (e. g. mint deal, funding bank account, gift cards, etc) to generate miles or points.
Feb 11, 2010 | 8:36 am
#5
A FlyerTalk Posting Legend
Join Date: Oct 2002
Location: back to my roots in Scotland!
Programs: Tamsin - what else is there to say?
Posts: 47,843
There was a pre-paid card in the UK which was good while it lasted. The scheme went something like:
- buy card
- load card with cash from credit card
- stroll down to ATM
- withdraw cash
- deposit cash in bank
- use deposited cash to pay off credit card bill, wash rinse repeat.
Of course, the real trick to it was that for some reason, loading the card from your Amex was not treated as a cash purchase, meaning it was miles earning. The main limitation was that you could only withdraw 200/day. As they cottoned onto what was being done, it became more and more restricted, more people got investigated for money laundering and the death knell sounded when transactions started to go through as cash and so were no longer miles earning.
Not something I did (I had no banks close to where I worked at the time), so I'm sketchy on some of the details, I've remembered them as much as I can, but I may have some wrong, but it was a nice little earner for a while.
Finally found the thread/post which gave the scheme summary - http://www.flyertalk.com/forum/3691048-post1.html
- buy card
- load card with cash from credit card
- stroll down to ATM
- withdraw cash
- deposit cash in bank
- use deposited cash to pay off credit card bill, wash rinse repeat.
Of course, the real trick to it was that for some reason, loading the card from your Amex was not treated as a cash purchase, meaning it was miles earning. The main limitation was that you could only withdraw 200/day. As they cottoned onto what was being done, it became more and more restricted, more people got investigated for money laundering and the death knell sounded when transactions started to go through as cash and so were no longer miles earning.
Not something I did (I had no banks close to where I worked at the time), so I'm sketchy on some of the details, I've remembered them as much as I can, but I may have some wrong, but it was a nice little earner for a while.
Finally found the thread/post which gave the scheme summary - http://www.flyertalk.com/forum/3691048-post1.html
Last edited by Jenbel; Feb 11, 2010 at 8:42 am