Credit card manufactured spending. Still doable, but I think it’s more difficult now.
You sign up for a fancy card with a fancy offer. Say, spend 6k in 3 months, get 1k in points.
Then you go to the local post office, and buy a money order for 6k. They used to be more permissive about letting you charge it on the CC, with only a nominal fee.
Then deposit that money order to your bank, use that money to pay off the charge for 6k. Boom, free signup bonus achieved.
Credit card manufactured spending. Still doable, but I think it’s more difficult now.
You sign up for a fancy card with a fancy offer. Say, spend 6k in 3 months, get 1k in points.
Then you go to the local post office, and buy a money order for 6k. They used to be more permissive about letting you charge it on the CC, with only a nominal fee.
Then deposit that money order to your bank, use that money to pay off the charge for 6k. Boom, free signup bonus achieved.
You can also just prepay on utilities. 6k might be a lot, but maybe if you got another card with a lower spending limit.
Excellent idea if your utilities accept the method of payment!
You can also pay for rent with a cc using bilt. I believe this year they’re going to start allowing for mortgage payments too!
A guy i work with does this but he buys visa gift cards.
But visa cards charge a fee, so the quarter idea is probably better.
Yeah, office supply stores will occasionally have sales the fees they charge for visa gift cards, which make that an option.