Living with credit

Gaming the Mint

Emily Crone

People are always finding new ways to game frequent flier programs, and a lot of people are learning this week about a very clever one. Several national media reported this week on a phenomenon reported back in April: Some travel addicts use airline credit cards to purchase U.S. dollar coins, which are shipped for free from the government. The consumers then go to the bank and deposit the coins, and use them to pay off the credit card bill. They are getting enough in credit card rewards to get free flights, but they aren’t actually paying for it.

According to an NPR report this week, “their purchases from the Mint contribute to a huge and growing buildup of one-dollar coins in Federal Reserve vaults.” A 2005 act of Congress directed there to be more dollar coins minted even though there just wasn’t the demand for them. The program where you can order the coins directly from the Mint was made so that more of the coins would go into circulation, but these frequent travelers are causing them to do the opposite.

Gaming the Mint edition

Mint spokesman Tom Jurkowsky tells NPR that they first caught on to the funny business in 2008, when they noticed that a small group of customers kept ordering hundreds of thousands of dollars of coins. They also learned that some of these frequent travelers showed up at banks with the coins still in their packaging. Jurkowsky says while it isn’t technically illegal, it’s an abuse and violation of the system. The Mint sends letters to the worst offenders, and set up a restriction that only 1,000 coins can be bought every 10 days. NPR says that as long as credit card issuers don’t intervene, people will continue to game the system with their airline rewards credit cards.

What do you think? Is this a fair way to get frequent flier miles? I do find it a little immoral in the sense that you’re messing with the U.S. Mint and getting free flights that you didn’t truly earn. Then again, if you’re clever enough to pull off this travel hack, maybe it’s worth it.


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  • Thanks for the mention!
    As for purchasing the coins to get the benefit from the credit card companies… Well, that is clever but I don’t think I would do it today.
    If I was still in college with no money, I might consider it though!

  • Christopher

    My last purchase from the mint was not credited. When I called to ask why, the person at the card company said that they no longer award points for the purchase of currency. Oh well, it was fun while it lasted.