$1 coins for $1 each, plus points on your rewards credit card

$1 coins for $1 each, plus points on your rewards...
Deal Price: $250.00
usmint.gov offers $1 coins for $1 each, plus points on your rewards credit card for $250.00.
1. Go to usmint.gov where you can choose a box of 250 of $1 coins, limit two boxes (500 total) per type of coin selected. These are real US currency.

2. Shipping should be free on the final checkout page (the page which asks for your credit card number). Final price for 250 coins are $250, and 500 coins are $500.

3. Visa, Mastercard, Discover, and American Express is accepted. Use a card that gives points/rewards.

4. Keep any coins that you want for yourself, and take the remaining coins to any bank and deposit them into your checking account. Pay off your credit card purchase with the cash you just deposited.
Product Description:
If you have the kind of credit card that gives you points for every dollar spent, this could be a great way to get hundreds of points essentially for free.

(13) thoughts from other users ...

dealspl.us User
I've been able to get at least $750 in my cart at any one time. Now, to increase my CC limit some more. This is basically a 1% return on your investment. With a 10K limit on a spare CC, that's a free $100/mo per card. You can actually expand this to like $500 if you have a spare 20K in savings--Ring up the charge, pay 10K from savings. Order again. When coins arrive, deposit and repeat.
Dunno how long I can keep it up though. Your CC company will probably start throwing hissy fits. Also, all deposits of 10K or more at your bank will have to be reported to the government, so you'll have to keep deposits under $5K. That, and I don't know how much your bank would like you if you turned in $5K every day.

Still, if you've got like $20K and a $10K CC limit, you're in business. You could probably get 5 cycles/mo. $100 each time = $500/mo. With 4 cards, you won't have to work anymore...although you'll be bringing $200K in change to your bank every month, AND you'll have to deal with $200K in change being delivered to you every month. If I decide to drop out, I might have to consider doing this.
Anonymous posted Sep 01, 2009
  3 |   0
icon
skyk
skyk replied:
Very smart!!
Posted Sep 01, 2009
  1 |   0
icon
cxwq
cxwq replied:
Until they get backed up on shipping and your 18% interest rate credit card goes unpaid for a month while you wait for your coins...
Posted Sep 01, 2009
  0 |   1
icon
tpatru
tpatru replied:
Actually, most places won't charge your credit card until they actually ship your purchase.
Posted Sep 02, 2009
  0 |   0
zulugrid
rep: 110
I'm in for $500
zulugrid posted Sep 01, 2009
  0 |   0
dealspl.us User
credit card companies don't give you points for things like this.
Anonymous posted Sep 01, 2009
  0 |   0
icon
zulugrid
zulugrid replied:
I use American Express Blue. They give cashback for ANY purchase, including coins from the mint.
Posted Sep 01, 2009
  1 |   0
rickwagner50
rep: 184
Shipping is 1% of the total ($4.95 on $500 purchase). I think you will lose in the long run factoring in the gas you take going to the bank countless times.
rickwagner50 posted Sep 02, 2009
  1 |   0
icon
zulugrid
zulugrid replied:
Shipping is free. It displays $4.95 until you get to the final checkout page, and which point it shows $0.00 for shipping. (This is as stated in the deal above...)
Posted Sep 02, 2009
  0 |   0
dealspl.us User
Shipping is not free
Anonymous posted Sep 02, 2009
  0 |   0
dealspl.us User
great arbitrage opportunity... I might actually do this to make some coin... get it... get it..
Anonymous posted Sep 02, 2009
  0 |   0
dealspl.us User
Has anyone checked their actual credit card bill for shipping charges? The web site explicitly says that shipping is NOT included in the merchandise total; it is added separately. And on the last page, although the "Total" line does not include shipping, a shipping charge still appears on the page.

Looks to me like shipping is not free.
Anonymous posted Sep 04, 2009
  0 |   0
dealspl.us User
working great...takes them about a week to ship, but I've been getting 2% back on my household bank card with no issues
Anonymous posted Sep 18, 2009
  0 |   0

Share your thoughts!

Did this deal work for you? 33.3% recently working
5   10
Want more deals?
Follow us:
Do you like this deal?
Pin It
Email to a friend

Others deals

Spectrum Essentials Organic Ground Flaxseed, 14-Ounce...
Spectrum Essentials Organic Ground Flaxseed,...
$18.09 (5 plusses)
Rosewill Home MU906HER Heritage 9 Ft Market Umbrella
Rosewill Home MU906HER Heritage 9 Ft Market...
$89.00 (4 plusses)
Memorial Day Sales 2012
Memorial Day Sales 2012
Sales (25 plusses)
Papa John’s - 50% OFF Regular Priced Items (2 Day...
Papa John’s - 50% OFF Regular Priced Items...
50% OFF (10 plusses)
Nordstrom : Buy 2 Mascaras, Get 1 Free Today Only +...
Nordstrom : Buy 2 Mascaras, Get 1 Free Today...
B2GO (5 plusses)
Trademark Home Automatic Soap Dispenser | Meijer.com
Trademark Home Automatic Soap...
$14.99 (5 plusses)
Whetstone™ ChainLink Tactical Folding Pocket Knife -...
Whetstone™ ChainLink Tactical Folding...
$6.99 (5 plusses)
teva.com: 15% off sitewide + Free shipping*
teva.com: 15% off sitewide + Free shipping*
-15% (5 plusses)
SkyMall - 25% off Sitewide Memorial Day Sale
SkyMall - 25% off Sitewide Memorial Day Sale
-25% (10 plusses)
2011-2012 Ping Golf Small Travel Cover with Wheels New...
2011-2012 Ping Golf Small Travel Cover with...
$49.95 (5 plusses)
GNC Total Lean Waterex, Capsules 60 ea
GNC Total Lean Waterex, Capsules 60 ea
$12.99 (3 plusses)
It Worked for Me: In Life and Leadership [Hardcover]
It Worked for Me: In Life and Leadership...
$16.79 (4 plusses)
74% Off Bora Bora By Liz Claiborne for Women, 0.17...
74% Off Bora Bora By Liz Claiborne for...
$5.11 (4 plusses)
Lemon Lime Bath Gift Set-Bubble Bath, Body Lotion and...
Lemon Lime Bath Gift Set-Bubble Bath, Body...
$4.99 (4 plusses)
Swissco Bath and Spa Pillow with Suction Cups
Swissco Bath and Spa Pillow with Suction Cups
$8.32 (4 plusses)
120 FPS Spring Airsoft Machine Gun Deal - Tanga
120 FPS Spring Airsoft Machine Gun Deal -...
$23.99 (5 plusses)
1-Year 52 Issues Star Magazine Subscription Deal -...
1-Year 52 Issues Star Magazine Subscription...
$14.99 (5 plusses)
Aqua Flower Pool Fountain-Toys & Games-Pools &...
Aqua Flower Pool Fountain-Toys & Games-Pools...
$29.99 (4 plusses)
Tanga - Memorial Day Flash Sale
Tanga - Memorial Day Flash Sale
SALE (5 plusses)
Save an Extra 15% on one item - Barnes & Noble
Save an Extra 15% on one item -...
15% off (4 plusses)
Funtime Rock'n Popper 2.5 oz Hot Oil Popcorn Machine
Funtime Rock'n Popper 2.5 oz Hot Oil Popcorn...
$59.99 (5 plusses)
$25 Boston Market Gift Card + $15 Saveology Credit for...
$25 Boston Market Gift Card + $15 Saveology...
$3 (5 plusses)
Hello Kitty - Girls' Rainbow Wedge Thong Sandals
Hello Kitty - Girls' Rainbow Wedge Thong...
$8.54 (9 plusses)
Ammo Belts: 1 Rifle and 1 Shotgun
Ammo Belts: 1 Rifle and 1 Shotgun
$14.99 (5 plusses)
Exercise Bag - Blair
Exercise Bag - Blair
$8.99 (4 plusses)
Cap Barbell Unisex-adult Ab Roller Ab Roller
Cap Barbell Unisex-adult Ab Roller Ab Roller
$21.99 (5 plusses)
Fender DG-60 Acoustic Guitar Black
Fender DG-60 Acoustic Guitar Black
$99.00 (4 plusses)
Father's Day/Grill Master Aprons
Father's Day/Grill Master Aprons
$15.00 (5 plusses)
8 Mosquito Repellent Wrist Bands + Free Shipping
8 Mosquito Repellent Wrist Bands + Free...
$8.64 (8 plusses)
Monkey Plush Hooded Blanket - Baby
Monkey Plush Hooded Blanket - Baby
$7.65 (8 plusses)