Frequent flyer miles are a beautiful, beautiful invention for the constant traveler. However for those of us who spend the absolute minimum required to get by airline miles can take an impossibly long time to accrue into a meaningful amount of travel. But what if you could make a trade that allowed you to get frequent flyer miles for absolutely nothing?
Guess what? It exists!
A recent U.S. Mint program was implemented as an attempt to put the rarely used Sacajawea golden dollar coins back into circulation. To push this initiative along the program sells the coins at their exact value, without markup, even offering free shipping for all domestic orders. Consumers are purchasing thousands of these coins in bulk with personal credit cards, then depositing the coins in their checking accounts upon arrival. They then pay off the credit card with the coin purchase and receive a bundle of frequent flier miles essentially for free from the credit card companies, making the U.S. Mint program a moot point.
A brilliant trade, though it does seem that the U.S. Mint has caught on to this sneaky consumer swap, now limiting golden dollar coin purchases to 1,000 once every 10 days.
What other currency swaps can you think of that would help you turn cash into free benefits? We’d love to hear your tips and tricks in our commensts section or keep the conversation going on our Facebook page.
(Photo Chuck Coker)