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If you’re purchasing large amounts of gift cards online, you’re not going to like this: Starting December 1, Giftcards.com, GiftcardMall, and Cardpool will all be imposing a $30,000 monthly limit on cash back portal payouts. That’s bad news, considering in the…
One of the biggest challenges when you’re manufacturing large amounts of spend is trying to keep your personal budget on track. Sure, it’s possible to off-set most manufactured spending fees, but when you’re trying to normalize spending patterns by channeling…
A few weeks ago, a Twitter follower asked me about whether it makes sense to pay a 2.7% fee in order to earn miles on rent payments through Plastiq. After all, considering there are ways to generate free manufactured spending, why would anyone…
It’s been a while since I’ve done a monthly manufactured spending report, so I thought I’d share one now that my new MS routine is pretty much set. In October, I managed to liquidate about $20,000 worth of Visa gift cards.…
Last week, Miles Per Day shared a US Post Office memo, directing staff to stop accepting Visa gift cards for money order purchases. A few readers have reached out to me since, slightly panicked about this latest dead deal. But…is…
This past weekend I was in Elk Grove Village for the annual Chicago Seminars. I met a lot of readers, bloggers, and newbies who asked me about manufactured spending. The questions that came up the most were, “What is the…
Manufactured spending can be very lucrative if you do it right. Aside from the many ways to off-set manufactured spending fees, there are also ways to make a profit from gift card churning. At one point, I was earning 3.5%…
A few weeks ago, I cited tools like the iBotta app, gift card promotions, shopping portals, and cash-back credit cards. When cashback portals reduce payouts, and I have no other options, I can always count on my cash-back cards to…
One of the first questions I get when I mention how I earn points and miles via manufactured spending is “what is this costing you?” After all, with a few exceptions, Visa gift cards carry fees. Not to mention, the…
You know how I don’t like planning travel in advance? The same goes for webinars, apparently. After the previous webinars went so well, I promised there would be more. Well, this morning I woke up and saw a Facebook post from Help…
