Question on "Manufactured Spending"

Discussion in 'General Discussion | Credit Cards' started by cekinla, Mar 3, 2016.  |  Print Topic

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  1. cekinla

    cekinla New Member

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    As someone, who is fairly new to this, I am doing all kinds of research on the various ways to earn mileage, and one term keeps popping up when it comes to paying off credit cards: "Manufactured Spending".

    I understand the principle, and the method, but wouldn't buying a money order outright be simpler, or does purchasing them raise red flags? I'm not saying buy a single MO on a single CC for $3,000, as I think that would certainly lead to problems, but I can't see how a smaller denomination would.

    Thoughts?
     
  2. bigx0

    bigx0 Gold Member

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    If you find some place which will sell a money order with a credit card as a credit transaction (as opposed to a cash advance) and at a reasonable fee, please let us know about it. Many of us would love to know!
     
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  3. satman40

    satman40 Gold Member

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    MS is more about money management.

    You need a goal, Miles are of no use if you can not use them.

    We give most of ours away to family, attending college in other countries.

    I know of no place that sells a $3,000 MO for a CC swipe,

    I would spend a little more time reading, and start with a smaller amount..
     
  4. Wandering Aramean
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    Wandering Aramean Gold Member

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    Yes, but no one will sell you a money order paid by a CC.
     
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  5. mmargel

    mmargel Silver Member

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    I am afraid you are a few months late. It used to be you could buy money orders with credit cards from certain grocery store chains. Max $1000. per MO. They changed that to cash and debit card only. Some will still allow GCs but that is the exception rather than the rule
     
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  6. Counsellor
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    Counsellor Gold Member

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    American Express used to allow you to buy up to $2000 in AMEX travelers' checks per month on your AMEX card (each card, so if you had three, you could get $6000), and treat it as a charge so you got points or miles in your rewards program as well as not being charged "cash advance" fees/interest, but that program disappeared in 2008.
     
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  7. mmargel

    mmargel Silver Member

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    As long as we are reminiscing, not too long ago you could buy $2000 AMEX gift cards through portals and get as much as 4% back, then use those same gift cards to buy the money orders.
    Points on your credit card plus rebate all for a $5.95 fee.
     
  8. cekinla

    cekinla New Member

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    It sounds as if buying gift cards, then turning them into money orders is becoming a thing of the past. If so -- and assuming you want nothing to do with Walmart -- what other methods are left???
     
  9. satman40

    satman40 Gold Member

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    WM is still fine, so are many Grocery Stores.
     
    Last edited: Mar 16, 2016
  10. qwas

    qwas Member

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    you should look in to the Paypal my cash card.
     

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