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Turning coins into miles

Buy legal-tender $1 coins from the US Mint with free shipping. Pay for them with miles-offering credit cards. Take the coins to the bank, use them to pay off the credit card, and keep the miles. Brilliant. Richard Baum, a software-company consultant who lives in New Jersey, ordered 15,000 coins. "I never unrolled them," he says. "The UPS guy put them directly in my trunk."

Someone working at FedEx Smartpost wrote: "Our entire branch of FedEx is dedicated to moving the product across the country and then giving it to the USPS for delivery. They found out that they weren't really well equipped to handling long distance delivery of consumer goods, so FedEx stepped in to do that for them. Now we're even handling returns to our customers."

http://online.wsj.com/article/SB126014168569179245.html

Filed under: Coins FedEx Flyer Flying Frequent Miles Mint UPS USPS
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