People are always finding new ways to game frequent flyer programs, and I just learned about a very clever one. NPR reports that some travel addicts use their 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.
Those miles that you’ve been stockpiling by charging everything from a pack of gum to a flat-screen TV just got a little less valuable.