Can i collect AirMiles by prepaying my credit card & use cash advances to collect AirMiles & not pay interest?
By prepaying my credit card and using cash advances i can use credit card cheques and use them to pay my mortgage and utility bills
By prepaying my credit card and using cash advances i can use credit card cheques and use them to pay my mortgage and utility bills. This way i can collect air miles faster.
December 27th, 2008 at 1:30 am
For most cards, the points (like miles) are awarded for purchases, not cash advances.
December 28th, 2008 at 2:50 am
The cash advance fees may exceed the value of the airmiles. Even if you can do it, it is a bad idea.