I’ve shared this method privately to a few people on spending $10,000 quickly for the AMEX Business Platinum card where you buy $10,000 worth for a cost about $25. The second $10,000 doesn’t have me concerned, but I’ve got my thinking cap on. As with many minimum spend requirements, I like to knock it out before the 90 days and spend about $200 or so over just in case something comes up.
At this point, the easiest way is buying American Express gift cards and then liquidating into prepaid cards is the path of least resistance. Who wants to learn or read about that method? I am thinking of buying approximately $10,000 worth of AMEX gift cards and then liquidating it online into more gift cards where I will finally be able to sell the cards. At this time I’m looking at a Gyft route (more than likely) or CashStar unless some super, giant portal bonus pops up and that will ultimately change everything.
The Gyft route is better because there’s the opportunity to earn a portal bonus which will lower the average cost basis.