Make 5% on your money in one month

Fishhead · Aug 23, 2008

Get a credit card that pays you 5% cashback(hopefully you have one now).

Place your orders(FREE SHIPPING AND HANDLING) for Presidential Dollars directly from the US MINT and charge them on your credit card.

http://catalog.usmint.gov/webapp/wc...1&parent_category_rn=16238&top_category=16238

BINGO, you just made 5% in one month on your money.

Being a bonus whore, contest whore, and coupon whore are all fun...........but being a credit card whore may be my favorite overall whoring hobby.

:toast::toast:

Fishhead · Aug 23, 2008

Guess what?

This is all TAX FREE money your making also, as rebates from credit cards is not taxable!

trytrytry · Aug 23, 2008

wow Ive never done that thanks.

trytrytry · Aug 23, 2008

so you use a credit card to but money and you get 5% back (as long as you meet any terms and conditions? is that what you mean?)

how many 5% cash back credit cards are there?

max1234 · Aug 23, 2008

Fishhead,

Is there a limit on what you can buy?

Fishhead · Aug 23, 2008

trytrytry said:
so you use a credit card to but money and you get 5% back (as long as you meet any terms and conditions? is that what you mean?)

how many 5% cash back credit cards are there?

Quite a few, shop around.

A lot of new cards have promotional perionds of 1-12 months that may offer even more than 5%

Some 5% cashback cards that I carry are from......

American Express Blue, Discover, and Citibank.

There are many websites out there that can direct you to good credit cards........Bankrate.com for example.

MikeB · Aug 23, 2008

How much is shipping and handling?

Fishhead · Aug 23, 2008

max1234 said:
Fishhead,

Is there a limit on what you can buy?

Yes, read the "details", as they change weekly.

For the most part, you are limited to $500-2000 purchases of each presidential coin they offer.........so basically one is making $25-$100 on each batch of coins if they have a 5% rebate card plus any other benifits their card may offer.

Fishhead · Aug 23, 2008

MikeB said:
How much is shipping and handling?

FREE

Fishhead · Aug 23, 2008

MikeB said:
How much is shipping and handling?

The United States Mint pays for standard shipping and handling of domestic orders. Any special handling will be paid by the customer.
Orders are limited to two boxes ($500) per President.
Specific coins are available only while supplies last.
Please allow approximately 1-2 weeks for shipping.
All sales are final.

Dante · Aug 23, 2008

then what do you do with all those coins?..... you need big pants pockets to walk around with 500 or 1000 of them to buy your toaster or TV...

bdgear · Aug 23, 2008

Dante said:
then what do you do with all those coins?..... you need big pants pockets to walk around with 500 or 1000 of them to buy your toaster or TV...

you deposit them into your bank account

Dante · Aug 23, 2008

bdgear said:
you deposit them into your bank account

that makes sense ...I can see it now it does not look weird at all if you come in with a big bag of 1500 prez coins and want to deposit them...

Fishhead · Aug 23, 2008

No need to deposit them.

There are many other ways to liquidate them.

1. Turn in a few rolls at a time for cash
2. Keep a roll or two around for spending money
3. Find a coin machine that will count them for free(check your bank).

The biggest single hassle with doing this is cashing in the coins themselves, no question about it.

Some may not find it worth it for $175 in free money.

7 x 500 = 3500

billsfan · Aug 23, 2008

I love Pres Coins....I have a James Monroe one as a matter of fact (5th pres. of the US for history buffs)

REDEYE · Aug 23, 2008

Fishhead said:
Quite a few, shop around.

A lot of new cards have promotional perionds of 1-12 months that may offer even more than 5%

Some 5% cashback cards that I carry are from......

American Express Blue, Discover, and Citibank.

There are many websites out there that can direct you to good credit cards........Bankrate.com for example.

I have had all three of these cards, :103631605

Sometimes i think people are scared of credit cards. Fact is they can be very beneficial to you if you know how to handle them.

billsfan · Aug 23, 2008

RED EYE said:
I have had all three of these cards, Sometimes i think people are scared of credit cards. Fact is they can be very beneficial to you if you know how to handle them.

Good money management is essential........and I know damn well you fall into that category sir.

-FH-..........posting accidently as Ms. Billfan.

BetIt · Aug 23, 2008

One should always have any monthly bill/expenses they don't have to pay in cash on a 0% APR for 12 months credit card that does cash back rewards. Pay the minimum and then pay it off at the end of the year. Invest that money in a high interest yielding savings accounts

One can stretch their dollar a lot further uses tricks like fish mentioned and this one here

festeringZit · Aug 23, 2008

BetIt said:
One should always have any monthly bill/expenses they don't have to pay in cash on a 0% APR for 12 months credit card that does cash back rewards. Pay the minimum and then pay it off at the end of the year. Invest that money in a high interest yielding savings accounts

One can stretch their dollar a lot further uses tricks like fish mentioned and this one here

Fish,

This is great - thanks for the post.

REDEYE · Aug 23, 2008

billsfan said:
Good money management is essential........and I know damn well you fall into that category sir.

-FH-..........posting accidently as Ms. Billfan.

Do you guys do Garage sales too ? Found some steals in the past and put them right back on craigslist.

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