- CVS + PayPal My Cash Cards Seem to Have Died Overnight by Rapid Travel Chai. RIP.
- How I got unbanned from GiftCardMall by Miles Per Day. I know there was an issue surrounding some GCM users were orders weren’t going through but they weren’t hard banned, I assume this is what was happening to Vinh. Either way seems like he can order as normal now.
- Buying gift cards with the Altitude Reserve by Frequent Miler. Going to be an absolute shitstorm watching this play out I imagine.
Done with my freedom drugstore 5% category with purchase of PPMC at CVS.
How about buying $5000/month of actual groceries and then immediately donate the goods for the full market value?
I know the IRS has special rules for large donations of non-cash items, but still…it might be a very legit way to MS without it looking like MS
If the bank asks, you can even show then the donation receipts!
I should clarify…not MS exactly, but maybe do it if needed to strategically lower your tax bracket.
I mean you’d still be out $5,000 – your marginal tax rate?
yeah, which probably only makes sense to do if you’re at the edge of a bracket and trying to donate your way to the lower one
This makes no sense… It’s marginal. And if you are talking about credits and benefits, there is a reason why they have phase out ranges and not hard cutoffs.
I honestly don’t think people will have a problem with the Atitude Reserve unless they MS high volume like 15k+ a month and at obvious grocery/hardware stores. Anyone should throw up a red flag when you’re spending $5,000 a week at Fred Meyer. Ain’t nobody got time to eat that much food!!!
Good writeup by FM. The allure of the Altitude is the 3x. I truly do not think US Bank has any idea how much MS the pros do. Hope they have a good PR team.
Doesn’t matter how much people do on other cards. They’re going to get shut down quickly pushing it on this one.