Buy Full Flex ticket, cancel it, get points on CC?
Apr 23, 2007 | 10:06 am
#1
Original Poster
Join Date: Jan 2006
Programs: BA Silver, FB Silver, EB Silver, RR Silver.
Posts: 565
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.
Thanks.
Apr 23, 2007 | 10:41 am
#3
Flyertalk Evangelist and Moderator: Coupon Connection and Travel Products
Join Date: Jul 2000
Location: Milton, GA USA
Programs: Hilton Diamond, IHG Platinum Elite, Hyatt Discoverist, Radisson Elite
Posts: 19,218
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
William
Apr 24, 2007 | 10:41 am
#7
Join Date: Dec 2006
Location: IND
Programs: AA Plat Pro
Posts: 425
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.
Apr 24, 2007 | 11:03 am
#8
Suspended
Join Date: Jul 2002
Location: Southern, CA, USA
Programs: UA just 8800 mi short of Silver
Posts: 2,813
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
Oh, well, I guess it's MilesBuzz, not S.P.A.M., but still, the point remains the same.
Apr 27, 2007 | 2:28 am
#11
Join Date: Oct 2004
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Apr 27, 2007 | 12:16 pm
#12
Join Date: Jan 2006
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Apr 27, 2007 | 12:18 pm
#13
FlyerTalk Evangelist
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Apr 27, 2007 | 12:28 pm
#14
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Apr 28, 2007 | 9:45 am
#15
Join Date: May 1998
Location: Naples FL, Munich DE
Programs: UA MM, AA 2MM, Marriott LT Titanium, Hilton Gold
Posts: 6,816
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.)
(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.)