Buy Full Flex ticket, cancel it, get points on CC?
 

Hi! I thought about if i bought a very expensive C class Full Flex ticket with refund and i buy it with my CC which i can earn miles on every Euro spent, and then cancel it and get refund, would i get the miles?

Thanks.

No.

Its a wash.

The airline would credit back the refund to the credit card you used originally.... so, you would get "negative" miles or points for the refund... totally offsetting the original miles.

William

OK thanks for the quick replies!

this DID work once when george Costanza tried it. Then again, that was the 1990s and they ended up on the flight in that episode :D

But...
 

If you bought the ticket for a date far away, used the miles you earned and then return the ticket, you would be okay. You would have anegative FF balance but that isn't a big deal, is it???

The refund is back to credit card, meaning you will have that much less balance on next CC statement. SO, less miles for next statement.

Sounds like the old "expense account" scam. One would buy an expensive refundable coach ticket, run it on the credit card, turn it into the Company, and then cancel it and buy a cheapie to pocket the difference

When if the CC makes double miles on flight purchases? So when the refunds go back to the CC, will double miles be deducted from that billing cycle then?

When did this forum turn into S.C.A.M. instead of S.P.A.M. ? :p Oh, well, I guess it's MilesBuzz, not S.P.A.M., but still, the point remains the same.

Which got quite a few people (high profile even) in trouble for tax evasion a few years back. :)

Wait until the double miles period ends to do the refund.

so they would have been ok if they declared it on their 1040 right?

It didn't work. Kramer messed up and actually bought nonrefundable tickets with George's credit card because they were cheaper. :D

I don't know about "ok", but they wouldn't have been in tax trouble.

(Remember what they finally got Al Capone on. IRS takes the position that whether gains are legal or ill-gotten makes no difference for purposes of tax liability.)