Tuesday, September 25, 2012

Money Hack #1 - Tricking the U.S. Mint

Want to rack up an incredible amount of credit card points for free?  Easy.

Go to the US Mint website.  Use your credit card to purchase $1 coins in bulk quantities, which they will ship for free.  When you receive them, bring them to the local bank and deposit them.  Use that money to pay off the credit card you used to purchase them.

Simple.  Buy $5000 worth of coins, and reap at least $50 in points for your efforts - or $250 if your card is doing a 5% Cash-back promotion.  Too bad they eliminated the ability to do this with savings bonds.

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