[hl0m4n]

so im thinking about chaning my credit card to bank of america one that is in partner with asiana airlines. i travel alot to korea and now bangkok. the card gives 2 miles for every $1 and 3 miles for every $1 in select stores.

while looking at the brochure i came up with a maybe brilliant idea. what happens if you register the credit card with paypal send money to a friend with it like $5,000 and have your friend refund the payment a few days later?

the refunded money doesn't go back on the credit card but stored on the paypal account which i can then transfer into the bank account and pay back the $5,000 on the next credit card bill...

refunded payments from other party (in this case my friend) don't get charged the 3% paypal fee either...

thoughts ?

[O-cha]

Paypals transfers count as cash and you don't get the money back miles points ETC.

Read your TOS a little better.

[hl0m4n]

Originally Posted by O-cha

Paypals transfers count as cash and you don't get the money back miles points ETC.

Read your TOS a little better.

paypal transfer to bank account? what is TOS?

when you buy something with paypal on your credit card doesn't it still count as a sale? it comes up on the statement, so should it get points for that purchase?

[O-cha]

Originally Posted by hl0m4n

paypal transfer to bank account? what is TOS?

when you buy something with paypal on your credit card doesn't it still count as a sale? it comes up on the statement, so should it get points for that purchase?

Making a credit purchase is different then a crash transfer with paypal or anyplace. It's the same as cashback at a store or an ATM.

Just forget it, your not the first idiot, I mean thief, to think of this.


I know how you can do it if you really wanted to, but I'm sure as hell not going to tell you.

[mpimping]

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