If you answered "yes" to all of the above , read on.
Chase is offering $500 for using one of their credit cards. More specifically the Chase Sapphire Preferred credit card
Yes, you will say, but there's the catch: "spend $3000 in 3 months" . By the way, the whole $3000 coule be spent in the first month if you wanted to and you would get the 50k points when the first statement generates. (instead of waiting 3 months for it)
But what if I told you you won't have to spend a dime and you can still make the $500?
Even tough most people would spend the $3000 in three months easily just on bills and day to day expenses some people find that hard to achieve in such a short period of time.
And for those people, there's Amazon Payments.
Let me explain.
Amazon payments is a service that let's you transfer funds for a one person to another by letting you fund those transfers either by checking account or credit card.
The trick is to select "goods & services" when making the transfer and also transfer low amounts in multiple transactions (I will advise under $500 per transaction) .
You could transfer to your wife's/husband's account but it would be a wise idea to have different physical addresses on the two accounts involved in the transaction.
For that reason, transferring to your uncle of cousin's Amazon Payments account might be best. When the money reaches your relative's account they can easily return the money back to you by initiating another transaction.
Once you receive the money back in your Amazon Payments account, you can then withdraw them to your checking account and then pay out the credit card bill (the Chase Sapphire you used to fund the initial transaction)
Once the $3000 is spent on the card you will see a credit of 50,000 points in your account (when the statement closes) which you can then convert to $500 cash!
Simple as that.
Just make sure you cancel the card membership before the year is up in order to avoid getting charged the annual fee or just convert the card to a non-annual fee card if Chase allows it.
The impact on your credit score for doing all this is minimal compared to the $500 bonus your receive.
Unless you plan on buying a house in the next 3-4 months,of course, in whcih case you should not apply for any loans of credit cards up to 6 months before your mortgage is approved.
Who said making money online is a myth?
Not to mention this card is awesome looking. Not your run of the mill plastic credit card.
This card is heavy and made of metal. YES, metal!
Trust me, you will look very cool using it!
To apply go here: Chase Sapphire Preferred credit card
