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re: How to make $300k arbitraging credit card points and then pay zero taxes on it

Posted on 5/3/24 at 5:35 pm to
Posted by Jag_Warrior
Virginia
Member since May 2015
4136 posts
Posted on 5/3/24 at 5:35 pm to
quote:

You can't buy a $100 gift card for $100 can you? Isn't there a mark up of some sort?


You may be thinking of the reloadable Visa, etc. cards. Those do have a markup. But for actual gift cards, I’ve not noticed any with fees or markups.
Posted by baldona
Florida
Member since Feb 2016
20550 posts
Posted on 5/8/24 at 11:54 am to
quote:


You may be thinking of the reloadable Visa, etc. cards. Those do have a markup. But for actual gift cards, I’ve not noticed any with fees or markups.


You are probably right.

Then where can you buy a money order that you can also buy a gift card without a fee? Does somewhere like a grocery store chain or Walmart do gift cards themselves?

I'm not looking into this as a hustle I'm just trying to figure out how it works?
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