A hypothesis Pretax number because if you park the money that earn monetary interest, you are taxed on the earning.

360K pre tax, 240K after tax, at a 33% tax bracket.

Actually you can view the 360K as a pre-tax number and 240K the after tax number because a monetary earning would be taxable. And your number actually could be correct looking in this context at a 33% tax bracket.

Let's keep in mind that this thread isn't about one person's mistake as to APY and MPY. To be sure, we'd all keep our money in an account offering 5% a month over an account offering 1% in AA miles.

Now, back to the actual topic of this thread. I average 30,000 UR, 8,000 BA (working towards Travel Together Ticket), and 5,000 SPG in a month by manufacturing spend. Actual spend yields roughly 5,000 in a mix of SPG and UR, depending on my mood/which card comes out of my wallet more easily.

what ia an AP account?

http://www.flyertalk.com/forum/miles...-payments.html

I'm currently doing 2 bluebirds + 4 APs a month in manuf spend. Along with some paypal goodness for the savings account. Guess I need to expand the number of bluebirds.

Mostly manufactured spend and not counting miles and points earned through travel or credit card churning signup bonuses...:

100k UR across 2xIB and 2x Ink-plus @ office stores
30k HH @ drug stores (ending soon sadly)
10k AA using Bankdirect
2k AP (Various programs)

500k-1 MM /Year through credit card churning that include wife .

Like what others said these are NOT free and it cost ALOT of time and effort (like a part time second job) and also cost some fees but its worth it if you want to travel in style and visit places you never dreamed of.

Having said that there is always a risk of being shut down/financial reviews /closure of accounts using these methods ...

Looks like your are doing 5K/per ink card at @office stories on 4 cards. How along have you been doing this? I am worried of doing more than 2K/card per month on the 2 ink cards I have. Worried about chase closing the accounts.

I�m not an expert on these things and I didn�t stay at a Holiday Inn Express last night but I didn�t see an answer to your question so here goes. Hopefully those more knowledgeable will correct my errors.

IB: Ink Bold, a Chase charge (or credit) card which earns Ultimate Rewards (UR) points which can be transferred to any of several different airline and hotel programs and also earns multiple points, 5 per dollar, at certain types of stores (office supply I believe).

OD: Office Depot, an excellent place to charge a lot of purchases on your IB card (because you will get 5 points per dollar).

GC: Gift Card(s), I believe can be purchased with a credit card and then used sometime later (helpful for meeting a time limited spend requirement for a credit card) and might also be used when a credit card is not accepted.

I�m completely unfamiliar with Amazon Payment (?AP).

BTW, I�ve found that I can learn a great deal by Googling things and adding �Flyertalk� in the search field. For example �Amazon Payment Flyertalk� or �Bluebird Flyertalk�.

BREAK

Re: BankDirect, there are some long threads on the American Airlines forum all about BankDirect. I recall reading on one of those threads a year or 2 ago about folks who had significantly more than $200,000 on deposit with BankDirect. Suggest Google �BankDirect Flyertalk�.

Hope this helps.

Nevermind

For me, approximately $6,000 in travel expenses (for work) per month (airfare, cars, hotels).

$1,000 for other expenses (personal expenses like groceries, dining out, etc).

About few months ,the reason I'am doing that amount is the nearest OD stores are about 60 miles away ,so I visit them on a weekend and buy about 2-3 k per card twice a month ,I also take advantage of staples,Officemax promotions on the lower denominations Visa/Mastercard GC that they run from time to time but liquidating them are PIA,although I use them for everyday spend .

Yes the risk is there ,but I put other spend as well on the Ink cards not just office stores ,so do what you feel comfortable with.

AKA the Jungle, Jungleland

So I gotta "KIVA" the Pentagon with lots of little amounts? How is their creditwortiness? I trust my KIVA investments in Paraguay, but the Pentagon is backed by the good faith of the United States. Ain't that the deadbeat country with the runaway spending or am I thinking Greece?

Get a Chase credit card. How about that free Amtrak one for starters? Then you can really get an education.

As a point-earning website, I was referring to 5% in points/cash. $200k can be leveraged to earn greater than 5% in a year in points.