Getting some get back: let's talk about hacking/taking advantage or credit card rewards

Knowledge

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A cac put me on a few years ago when it came to taking advantage of these rewards. These folks would buy aged shell companies with good credit and history already attached. Use those companies to open up reward and cash back credit cards. Use the cards to the max buying money orders. Use the money orders to pay off the cards in full. Continue to cycle and get higher credit limits, free travel, free cash on cash back, etc.
 

Towlie

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A cac put me on a few years ago when it came to taking advantage of these rewards. These folks would buy aged shell companies with good credit and history already attached. Use those companies to open up reward and cash back credit cards. Use the cards to the max buying money orders. Use the money orders to pay off the cards in full. Continue to cycle and get higher credit limits, free travel, free cash on cash back, etc.

Quick research says you can buy money orders at 7/11 with credit cards but do you incur the cash advance fees while paying them off?

Also what travel cards do you recommend for this ?
 

LiIZaneFan1978

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A cac put me on a few years ago when it came to taking advantage of these rewards. These folks would buy aged shell companies with good credit and history already attached. Use those companies to open up reward and cash back credit cards. Use the cards to the max buying money orders. Use the money orders to pay off the cards in full. Continue to cycle and get higher credit limits, free travel, free cash on cash back, etc.

how does a person buy an aged shell company? where would you even look for one?
 

Knowledge

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Quick research says you can buy money orders at 7/11 with credit cards but do you incur the cash advance fees while paying them off?

Also what travel cards do you recommend for this ?
No and look at chase freedom and discover it miles. I personally use citi double cash
 

Towlie

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No and look at chase freedom and discover it miles. I personally use citi double cash

I use double cash card for as much as I can. So you buying money orders with it, then paying who. Citi has physical banks?
 

Knowledge

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I use double cash card for as much as I can. So you buying money orders with it, then paying who. Citi has physical banks?
Money orders are pretty much cash. Put it right back on the card
 

jwall123

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Just got the Chase Sapphire Preferred a few weeks ago. After I get my 65,000 points, the wife is gonna get another travel rewards card of her own. Goal is to take an international trip for free, or damn near free.

I've had that card for about a year. It is my goto for all purchases. I have a 19k limit on it. They're pretty generous with the limit. Trying to get it higher in a few months.

Oh, and I booked a free flights with my wife to Jamaica with it. Rewards add up quick.
 

Nasty_Nate

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I've had that card for about a year. It is my goto for all purchases. I have a 19k limit on it. They're pretty generous with the limit. Trying to get it higher in a few months.

Oh, and I booked a free flights with my wife to Jamaica with it. Rewards add up quick.

Same. We use it for everything except the mortgage, and make sure we have the cash to pay it off in full every statement.
 
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