Churning Frequent Flyer miles with BofA VISA - Timeshare Users Group Online Community Forums

Spence · May 13, 2006, 06:11 PM

I have a BofA VISA associated with USAir Dividend Miles and have been getting checks in the mail separately and with my monthly bill. These checks earn one mile for every dollar spent with no balance transfer or check fees. They do have a relatively low 5.5% variable interest rate but that's not the point.

If you are signed up to pay your bill online you can write a check for a little less than your credit limit, deposit it to your chacking account, wait for it to clear, then pay the VISA bill online from your checking account as soon as your bank clears the check. You pay minimal interest if you time it well and get the miles for almost nothing.

There may well be other BofA affinity cards that you can do this with other airlines.

gmarine · May 13, 2006, 07:49 PM

Isnt that considered a cash advance with a fee to go along with it?

Spence · May 13, 2006, 09:47 PM

Quote:

Originally Posted by gmarine

Isnt that considered a cash advance with a fee to go along with it?

These checks earn one mile for every dollar spent with no balance transfer or check fees.

Bill4728 · May 15, 2006, 04:10 PM

So Spence have you done this and are there truely no fees?

I'd consider doing this with my BofA FF visa too.

Spence · May 15, 2006, 09:45 PM

Quote:

Originally Posted by Bill4728

So Spence have you done this and are there truely no fees?
I'd consider doing this with my BofA FF visa too.

Yes, and there are skads of peple over on flyertalk who have done it. There's supposedly a 20,000 mile limit but many have gotten more than that.

May 13, 2006, 06:11 PM	#1
Spence TUG Member BBS Reg. Date: Jun 6, 05 Location: MD Suburban Posts: 2,231 Resorts: Club Sunterra and a few others	Churning Frequent Flyer miles with BofA VISA I have a BofA VISA associated with USAir Dividend Miles and have been getting checks in the mail separately and with my monthly bill. These checks earn one mile for every dollar spent with no balance transfer or check fees. They do have a relatively low 5.5% variable interest rate but that's not the point. If you are signed up to pay your bill online you can write a check for a little less than your credit limit, deposit it to your chacking account, wait for it to clear, then pay the VISA bill online from your checking account as soon as your bank clears the check. You pay minimal interest if you time it well and get the miles for almost nothing. There may well be other BofA affinity cards that you can do this with other airlines.

May 13, 2006, 07:49 PM	#2
gmarine TUG Member BBS Reg. Date: Jun 6, 05 Location: Commack,NY Posts: 3,387 Resorts: Renaissance Aruba,St James Club Antigua ,Westgate, Marriott Manor Club, Worldmark, Kings Creek Plant,Twin Rivers,SDO,SBP	Re: Churning Frequent Flyer miles with BofA VISA Isnt that considered a cash advance with a fee to go along with it? __________________ II member since 1994 Tug member since 2001

May 15, 2006, 04:10 PM	#4
Bill4728 Moderator TUG Lifetime Member BBS Reg. Date: Jun 6, 05 Location: Lake Tapps, WA Posts: 7,305 Resorts: Club Intrawest, Monarch Grand Vacations, Mountainside Lodge, Marriott Newport Coast	Re: Churning Frequent Flyer miles with BofA VISA So Spence have you done this and are there truely no fees? I'd consider doing this with my BofA FF visa too. __________________ Bill All my posts should be considered my personal opinion or experience unless otherwise noted.

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