Monday, July 18, 2011

Presidential Dollar Coin Schemers Rack Up Frequent-Flier Miles

Here’s the premise: You love to travel, especially for free, and your credit card company rewards your purchases with frequent-flier miles. Here’s the problem: Purchases aren’t cheap. Here’s the diabolically simple solution: Use your credit card to buy money, use the money to pay off the credit card bill, and see the world on the house.

Thanks to a persistent and mostly unsuccessful government effort to promote the everyday circulation of dollar coins . . .

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