You don’t necessarily need to “manufacture” spend. You can open all the delta CCs (business and personal) to get way ahead. Most cards give you a $2500 head start; just for holding the card. So before you try to pre-pay or “manufacture” — do you have all the cards?
Selling a single item on eBay, or dog walking, or re-selling a ticket on StubHub qualifies you for a business card.
No. It’s 2500mqd per card so if you really wanted to max it out, personal platinum and reserve and business platinum and reserve. And yes you would likely need an LLC.
Have the smallest amount of taxes withheld - or none if possible - from your paycheck. Then during tax time use the EFTPS or IRS Direct payment system to pay your taxes with a CC.
Use Plastiq to pay any bills that don’t take AMEX directly.
Talk to friends and family who have big purchases coming up and see if you can do the purchase for them and get reimbursed.
If you are W9 it’s no big deal. If you are 1099 you are supposed to make quarterly anyway, and you get a small penalty for not filing quarterly. But you could easily still file and pay quarterly and use the epay service.
Still has TONS of sweet spots. That earn at least 1.5x+ on MQDs. Maybe shouldn’t downvote and make stupid remarks without doing research:
https://destinationsunknown.com/trip-result/?guid=1785
I didn’t downvote you, but now I did. To each their own, but when you were previously able to earn at least 5x MQD’s without much effort, and now 1.5x is considered good… I’d say a significant reduction happened.
Ops original request was to manufacture spend for status. Pretty sure this is still relevant to the convo. And yes, the earnings were reduced, but you still easily have the ability to earn more than 1:1, which is what Op was looking for.
You don’t necessarily need to “manufacture” spend. You can open all the delta CCs (business and personal) to get way ahead. Most cards give you a $2500 head start; just for holding the card. So before you try to pre-pay or “manufacture” — do you have all the cards? Selling a single item on eBay, or dog walking, or re-selling a ticket on StubHub qualifies you for a business card.
If you get both the platinum and reserve, that’s 5k MQD’s, might be a worthy option
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Smart, good thinking
You do not get additional MQDs for the same type of card. The business and personal count as separate types
Plus business equals 10kmqd
Which business cards give 10K MQDs? And do I need an LLC/DBA to apply for one?
No. It’s 2500mqd per card so if you really wanted to max it out, personal platinum and reserve and business platinum and reserve. And yes you would likely need an LLC.
You do not need an LLC
Good to know, though I have a small business anyway.
What did you put into the Company Name? Did you just make something up? I have a DBA, but just wondering for those who don't.
You put your name and use SSN instead of EIN
Have the smallest amount of taxes withheld - or none if possible - from your paycheck. Then during tax time use the EFTPS or IRS Direct payment system to pay your taxes with a CC. Use Plastiq to pay any bills that don’t take AMEX directly. Talk to friends and family who have big purchases coming up and see if you can do the purchase for them and get reimbursed.
I like all of these ideas
You like the last one? Don’t be that guy.
My parents would be helpful for the last one. They always do cash.
Be warned that if you under withhold taxes by too much, you pay a fine
Doesn’t that force you into making quarterly payments if you miss your withholding by too much?
If you are W9 it’s no big deal. If you are 1099 you are supposed to make quarterly anyway, and you get a small penalty for not filing quarterly. But you could easily still file and pay quarterly and use the epay service.
What about any processing fees? Do you personally have experience with this?
Typically 3% or so. I look at the fees as “more miles and MQSs”
I thought Plastiq stopped taking Amex? Had to use Melio instead last time I tried this
I just used it for a rent payment (I pay my mom’s rent). Seems to work fine for that. Mortgages are still a no go.
Fly partners. Oldest trick in the book.
That trick was significantly reduced last year.
Still has TONS of sweet spots. That earn at least 1.5x+ on MQDs. Maybe shouldn’t downvote and make stupid remarks without doing research: https://destinationsunknown.com/trip-result/?guid=1785
I didn’t downvote you, but now I did. To each their own, but when you were previously able to earn at least 5x MQD’s without much effort, and now 1.5x is considered good… I’d say a significant reduction happened.
Ops original request was to manufacture spend for status. Pretty sure this is still relevant to the convo. And yes, the earnings were reduced, but you still easily have the ability to earn more than 1:1, which is what Op was looking for.
Shit man just add your delta Amex to your Amazon account…. If your wife is like mine, you’ll hit the goal in no time 😂😂