Mint dollar program making the news
Jul 14, 2011 | 2:01 pm
#1
Original Poster
Join Date: Nov 2010
Programs: HH Diamond, SPG Gold, UA 1P, AMEX Plat/Gold
Posts: 28
Jul 14, 2011 | 2:06 pm
#2
Suspended
Join Date: Jan 2002
Location: LAX
Programs: AA Gold
Posts: 2,741
Just noticed this too when checking my yahoo emails.
What's more, on Yahoo.com's main page it's currently the top story out of 44.
http://www.yahoo.com/
What's more, on Yahoo.com's main page it's currently the top story out of 44.
http://www.yahoo.com/
Jul 14, 2011 | 2:10 pm
#4
Join Date: May 2010
Location: BNA
Programs: No preference
Posts: 1,177
What a shame ...
Jul 14, 2011 | 2:11 pm
#5
Join Date: Feb 2011
Location: Southern California
Programs: AA EXP; Hyatt Diamond; SPG Gold
Posts: 279
Wow, so any guesses as to what the new policy will be regarding purchases?
Jul 14, 2011 | 2:34 pm
#6
Original Member
Join Date: May 1998
Posts: 1,139
The articles says that the IRS doesn't consider it a cash advance for tax purposes.
...? How dumb are some of these writers?
Cash advances are a credit card concept, not a tax concept. A cash advance isn't to the best of my knowledge taxable and I'm not aware of IRS rulings regarding what is and isn't a cash advance.
Oh, and he wants us to know it is not a crime ... yet. How exactly is it going to be a crime, ever. I guess that sounds more sensational than the Mint might stop accepting credit cards for dollar coin purchases.
...? How dumb are some of these writers?
Cash advances are a credit card concept, not a tax concept. A cash advance isn't to the best of my knowledge taxable and I'm not aware of IRS rulings regarding what is and isn't a cash advance.
Oh, and he wants us to know it is not a crime ... yet. How exactly is it going to be a crime, ever. I guess that sounds more sensational than the Mint might stop accepting credit cards for dollar coin purchases.
Jul 14, 2011 | 2:42 pm
#7
Join Date: Dec 2009
Location: ROC
Programs: Anything CC gives me
Posts: 1,119
Was just about to post the article on here.
MUST let the "travel hackers" know we've made news!
MUST let the "travel hackers" know we've made news!
Jul 14, 2011 | 2:43 pm
#8
Join Date: Jan 2006
Location: DCA/IAD
Programs: most of them
Posts: 3,284
GOOD HEAVENS! People are actually using the system to their advantage?!? How dare they?! Those evil "hackers"!
I guess it is a slow news day or something.
The Mint has no one to blame but Congress.
I guess it is a slow news day or something.
The Mint has no one to blame but Congress.
Jul 14, 2011 | 2:45 pm
#10
FlyerTalk Evangelist
Join Date: Aug 2002
Location: Intermountain West
Programs: Too many to list
Posts: 12,734
Already discussed in the currently closed COIN thread here: http://www.flyertalk.com/forum/miles...-shipping.html