Cheaper way to get a cash advance than paypal?

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  • UntilTheNDofTimE
    SBR Hall of Famer
    • 05-29-08
    • 9285

    #1
    Cheaper way to get a cash advance than paypal?
    My friend recently got the chase platinum slate card. He tells me if he spends 3,000 in the first month he gets X amount of points worth $625. He was going to buy gold mint $1 coins on ebay( with CC then deposit them in his bank) but decided that would end up being too expensive. Paypal would charge a 3% fee($90) to send the money to someone and that person then withdraw and give him back the money.

    $90 bucks would still be cheap enough to get $625 back in rewards.

    Is there another merchant anyone can think of where you can deposit and then withdraw to yourself?

    only other merchant i can think of is Use my wallet but there fees are also like paypals.

    Does anyone know of a way to charge 3k on a CC and get the cash back for cheaper than $90? thanks
  • ACoochy
    SBR Posting Legend
    • 08-19-09
    • 13949

    #2
    Originally posted by UntilTheNDofTimE
    My friend recently got the chase platinum slate card. He tells me if he spends 3,000 in the first month he gets X amount of points worth $625. He was going to buy gold mint $1 coins on ebay( with CC then deposit them in his bank) but decided that would end up being too expensive. Paypal would charge a 3% fee($90) to send the money to someone and that person then withdraw and give him back the money. $90 bucks would still be cheap enough to get $625 back in rewards. Is there another merchant anyone can think of where you can deposit and then withdraw to yourself? only other merchant i can think of is Use my wallet but there fees are also like paypals. Does anyone know of a way to charge 3k on a CC and get the cash back for cheaper than $90? thanks
    Tried Moneybookers or Neteller? I know MB will charge 2.5%, same with Neteller i believe. And yes, paypal is a rip-off. Their currency conversion rates are horrific also...Has turned me off from using them when there are cheaper alternatives
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    • BIGDAY
      SBR Aristocracy
      • 02-17-10
      • 48245

      #3
      Can you just purchase something on a 90 day return policy, get the reward 30 days later and then return the item?
      Comment
      • Reload
        SBR Posting Legend
        • 03-23-08
        • 12250

        #4
        Gary Coleman still has all the answers

        Comment
        • big joe 1212
          SBR Posting Legend
          • 06-01-08
          • 19380

          #5
          find a dumb gas station that will allow you to buy MP's with your CC

          i have a couple of local ones that do

          it will only cost you $4 for every $500

          load your GD card and take daily free withdrawals at select atms

          most rite aides will allow you to buy them with your cc also
          Comment
          • chemicalbrother
            Restricted User
            • 01-26-11
            • 4086

            #6
            what are 'gold mint $1 coins'?

            i'm a gold/silver collector/junkie, and that sounds like a scam. especially on ebay. there a tons of reputable gold dealers, find one and eliminate ebay/paypal from the equation.
            Comment
            • UntilTheNDofTimE
              SBR Hall of Famer
              • 05-29-08
              • 9285

              #7
              The $1 mint saccajuwauh coins. There on infomercials and sold for face value.
              Comment
              • stikymess
                SBR MVP
                • 05-19-10
                • 3288

                #8
                US Mint lets you only do 250 or 500 hundred now do to people doing this for airline miles.
                Comment
                • stikymess
                  SBR MVP
                  • 05-19-10
                  • 3288

                  #9
                  Originally posted by chemicalbrother
                  what are 'gold mint $1 coins'? i'm a gold/silver collector/junkie, and that sounds like a scam. especially on ebay. there a tons of reputable gold dealers, find one and eliminate ebay/paypal from the equation.
                  They are "presidental coins" with a face value of a dollar, US Mint still trying to force on us a believe it can/will replace the one dollar bill.
                  Comment
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