The Risks Of Manufactured Credit Card Spending

Discussion in 'Blogstand' started by BoardingArea, Mar 31, 2015.  |  Print Topic

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    Bluebird, REDbird, gift cards, Walmart Money Center. These are all terms you’re very familiar with if you engage in “manufactured spending”, where you create spending that costs little to nothing but earns you lots of points/miles from a credit card. It’s a typical strategy for maximizing the generous sign-up bonuses many card companies are offering now. One of my readers (Anton) relates the following story to me about a problem they encountered. I’ve paraphrased where necessary: Anton has a great credit score (FICO over 800). Anton doesn’t carry balances on... Read More » The post The Risks Of Manufactured Credit Card Spending appeared first on Pizza In Motion.

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