A chase with chase

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stat9 said:   Was the 100 page statement paperless?

Yes, I toyed with the idea of not making it paperless (for fun). But I feared the large statement would cause the mailing department an issue and that would lead to an investigation.
Turns out they chunk the statements into 20 page sections, so it wouldn't have caused any issues.

stat9 said:   Was the 100 page statement paperless?

I was thinking the same thing.

Great job OP - love to see stories like this.

stat9 said:   Was the 100 page statement paperless?

Please tell me that when you were sticking it to them, you also made them send you a 103 page statement. LOL

Ok, this is one big IMHO....but, for $1,800 you got yourself banned from Chase...probably for a while. It seems there are other ways to earn that money with AARP card...also promos for Sapphire, airline miles, Southwest, bonus on checking/deposits, etc, etc.

VK11 said:   Ok, this is one big IMHO....but, for $1,800 you got yourself banned from Chase...probably for a while. It seems there are other ways to earn that money with AARP card...also promos for Sapphire, airline miles, Southwest, bonus on checking/deposits, etc, etc.

Yes, Chase has been very good to me of late. They even gave me 30 thousand points ($300) just for asking nicely.
More power to you for this, but I'd hate to kill the goose that keeps laying those golden eggs.

I don't know how much effort this took, but wouldn't just doing computer consulting at $50/hr for 36 hours have been a better way to spend your time? Getting banned by one of the world's largest financial institutions for $1800 and a fair bit of work just seems so incredibly pointless to me.

writing the script took me an hour, and configuring the other tools to run the transactions took like 5 minutes.
Compare this effort to people churning the AARP card, and I suspect my $/hr comes out higher.
I don't live anywhere near a chase bank so its not exactly a loss to me.

Anyways, thanks for stopping by the thread.

Thanks for sharing and congrats on defining and executing a unique (at least to me) strategy!!

monarch20 said:   stat9 said:   Was the 100 page statement paperless?

Yes, I toyed with the idea of not making it paperless (for fun). But I feared the large statement would cause the mailing department an issue and that would lead to an investigation.
Turns out they chunk the statements into 20 page sections, so it wouldn't have caused any issues.


Regarding your toying with the idea of paperless statements "for fun", I can't help but remember that scene from Home Alone where the burglars clean out a house, trash the place, and then turn on all the faucets after plugging the drains. Clearly this is on a much smaller level but the intent's the same and I'm left wondering 'WHY?'.

VK11 said:   Ok, this is one big IMHO....but, for $1,800 you got yourself banned from Chase...probably for a while. It seems there are other ways to earn that money with AARP card...also promos for Sapphire, airline miles, Southwest, bonus on checking/deposits, etc, etc.While you make a valid point there might be another way to look at this. The OP made 1.8k, is there some way I can improve on it to make 18k or how about 180k?

Thanks for sharing!

Somewhat surprised that Chase caught on faster than (presumably) Amazon...

While $1800 might seem like a small take to many, the genius here is taking < $300 and turning it into $1800 in a few months with minimal work. Of course, those with more working capital will naturally have more lucrative opportunities than this.

ajh5408 said:   Somewhat surprised that Chase caught on faster than (presumably) Amazon...

Amazon caught onto the penny GC after 7 days..
I suspect that they will change the .15 GC very soon, now that this post is out there.
First person to make a thread about places that sell low value GC is going to get alot of green.
They did not however catch onto other ways to buy penny items from them.
(http://amzn.com/B000EFQY60, http://amzn.com/B001EGQGXO)

But penny items are not useful for this any more.

I scored only a little over 100K points until they caught me. They closed my account but i still have two more credit cards with them. I could go under the radar but i knew i was blacklisted already because chase refused all new card applications for the last 9 months so i decided to go all in.

LOL, so awesome... The only thing left to do now is probe and find the exploration sweet spot.

How far can we go with Chase AARP without getting blacklisted? I don't want to kill the goose. Thoughts?

adamsmart78 said:   I scored only a little over 100K points until they caught me. They closed my account but i still have two more credit cards with them. I could go under the radar but i knew i was blacklisted already because chase refused all new card applications for the last 9 months so i decided to go all in.

Man you are so darn lucky. I wish I had the foresight to get multiple cards.
My wife is even banned from chase, and she's never had a product with them. It took them significantly longer to review her application than mine though

Did you do the penny stuff? or larger transactions?
Did you still get your rewards after they closed your account?

learningtime said:   How far can we go with Chase AARP without getting blacklisted? I don't want to kill the goose. Thoughts?
20-30 transactions a day should be safe, as long as they are above .10

*Facepalm* this thread is not about the AARP card..

Great job. As a fellow blacklist member, I salute you!

I love stories like this, thanks for the entertainment. Chase has been way too good to me lately to get blacklisted. Heck my previous two credit card sign ups have yielded more than $1,800 in sign up rewards (BA 100k miles and SW 1RT and $500 GC) BUT those require some serious spending. Kudos to you for having some fun, now go take on Citi

I've been blacklisted since March 2007 for taking advantage of their generosity. They still hate me. My rejection letters all read: Previous Unsatisfactory relationship with this bank.
I guess the relationship was one sided...They gave and gave and gave and I took and took and took...As you can see, don't expect to get another Chase card anytime soon.

I got ~ 5k transactions before I was cancelled. Opened a new cc 2 months later so doesn't seem to be a ban or ymmv.

fatwallet2099 said:   I've been blacklisted since March 2007 for taking advantage of their generosity. They still hate me. My rejection letters all read: Previous Unsatisfactory relationship with this bank.
I guess the relationship was one sided...They gave and gave and gave and I took and took and took...As you can see, don't expect to get another Chase card anytime soon.


what did you do?

Aphex242 said:   I don't know how much effort this took, but wouldn't just doing computer consulting at $50/hr for 36 hours have been a better way to spend your time? Getting banned by one of the world's largest financial institutions for $1800 and a fair bit of work just seems so incredibly pointless to me.

Whatever it takes to stick it to Chase, whatever it takes and by any means necessary.

Well done OP!!

motsuka said:   I got ~ 5k transactions before I was cancelled. Opened a new cc 2 months later so doesn't seem to be a ban or ymmv.
Did you still get your rewards?

I guess my blabbing about this on fw might have been a bad idea if I could have done it all again in a few more months..

monarch20 said:   motsuka said:   I got ~ 5k transactions before I was cancelled. Opened a new cc 2 months later so doesn't seem to be a ban or ymmv.
Did you still get your rewards?

I guess my blabbing about this on fw might have been a bad idea if I could have done it all again in a few more months..


lol yeah maybe delete it if you don't want the whole world to find out

Didn't they do this in Superman 3?

I was shut down by Chase in February for this after about a $200 take. I haven't tried reapplying yet but I will at some point. The same technique also works with BOA KTC. It is more work (multiple accts) and takes longer to get the payout but the margin is higher.

I think this deal has some longevity given its relative difficulty and the vast number of targets. My personal favorite was the Hertiage Foundation, the irony was rich.

I'm a newbie to this, do you get 1 pt. for any transaction under $1? So a purchase for 0.01 yields 1 pt the same as a purchase for 0.25, the same as a purchase for 1.00? With this specific Chase card?

After seeing all the greens on the post, I think the days which Chase still give 10 points per transaction is numbered.

I think it is more profitable to not get blacklisted like this.

As an example, I rec'd 3 round trip Southwest tickets, plus about $1,500 in Southwest gift cards from Chase this year...add that together if each ticket is worth $350, and you get almost $2,500. (that's a high estimate)

Not to mention the Continental deal, and old AOR money, which may come back...add that all together and it is probably $5K-$10K over the last 3-4 years.

I've been blacklisted by one large bank and cannot get in on their deals anymore.

I think keep it moderate, but keep the bonus pipeline open. Just my 2 cents.

If you want more ideas for how to have fun with Chase, consider this $75K windfall. Check out February 2010 if you want to skip the commentary and I apologize in advance for the self-promotion. I have yet to test my blacklist status, though my Chase personal CCs remain open.

Thanks for sharing OP, in the true spirit of the old FWF.

Venturion said:   If you want more ideas for how to have fun with Chase, consider this $75K windfall. Check out February 2010 if you want to skip the commentary and I apologize in advance for the self-promotion. I have yet to test my blacklist status, though my Chase personal CCs remain open.

Sorry to go off topic, but the archiving of that thread impaired my asking there: Did you get a 1099 from Chase?

kickerstarter said:   After seeing all the greens on the post, I think the days which Chase still give 10 points per transaction is numbered.

No big loss
Like KTC, the benefit is negligible to anyone using it as intended (which I guess is intentional on Chase and BoA's part)

Venturion said:   If you want more ideas for how to have fun with Chase, consider this $75K windfall. Check out February 2010 if you want to skip the commentary and I apologize in advance for the self-promotion. I have yet to test my blacklist status, though my Chase personal CCs remain open.So still nothing on your personal credit report then? Congrats...

Peteypablo - I did get a 1099-C from Chase. I filed it under my defunct company and claimed insolvency to disallow it.

Gizmoduck - Chase reported the accounts as being charged-off instead of settled. I kindly asked them to remove the reporting entirely as consolation for the damage incurred from the wrongly reported status. They did.

how you guys are doing .01 transaction....is there any easy way to do this online

VK11 said:   Ok, this is one big IMHO....but, for $1,800 you got yourself banned from Chase...probably for a while. It seems there are other ways to earn that money with AARP card...also promos for Sapphire, airline miles, Southwest, bonus on checking/deposits, etc, etc.

I share the sentiment, and would not do something like this .. but there are plenty of folks that are in different circumstances and might live without Chase for a few years, e.g., those who have already gotten most of what Chase had to offer and are on the "you've used this promotion in the past" list for most everything. Green to OP for sharing. A copy of the 100+ statement should be forwarded to the Library of Congress.

jugadek said:   how you guys are doing .01 transaction....is there any easy way to do this online 10 key... Practice makes perfect



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