RE: My Way to become a Splinterlegend #676
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The principle actually sounds almost too easy for so few people to use it.
Unfortunately, I don't have any contacts in the USA, otherwise it would definitely be worth considering.
It doesn't really correspond to the ordinary purpose, but as long as you stay within the permitted limits, nothing should happen.
Unfortunately, I don't have this option, but there may be opportunities to try something like this here.
In any case, I am very grateful for these comments! I will memorize these thoughts and see how they can help me!
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ya i have not found another country like the US that lets ppl do what I'm talking about which sucks bc if it did so many ppl on here could benefit like in the Philippines that would be a major one for me to be able to teach ppl in as I know pretty much everyone there would be serious about it once they see it works lol. The US is surprisingly hard bc people usually think its to easy bc it really is fucking to easy lol. Its the most simple concept you just need to know how the system works and that is what i have learned alot about how to navigate the loop holes and not get my accounts canceled through trial and error especially with credit cards they offer tax fee bonuses but you need to avoid doing certain things that piss them off like billing your self i learned was a no no lol. So to get around that you just have a friend bill you for a loan and then you bill them back for repayment and that goes through to trigger the rewards for spending even though you spent nothing lol. You can also have a friend bill you and then send you the money which lets you take advantage of the 12-24 months of no interest by sticking it in a savings account and earning like 6% while you pay 0% and its on the banks dime not yours so you collect your interest and when you need it you use the money to send a push deposit to a new bank account that gives you a bonus if you get x ddps within x days lol so you not only get money off of the bank money you get the cc bonus plus 12-24 months to use there money for bank bonuses lol. I have gotten this down to a science where i get paid to use there money for it and make more money off the bank offers with the money I borrow for free and its literally risk free money as its guaranteed by the banks and govt in checking accounts and brokerage accounts etc. I have only met one other person who does this like me in my life lol most ppl when I tell them and they actually understand it which is a challenge to end up saying fuck how did I not think of that.
The principle is really very simple. And yet really ingenious. As long as you stick to the rules, nothing much can or will happen.
The bottom line is that the banks only pay a decent salary through such promotions. Someone has to pay for something like this, that's logical, but there's really not much to be said against using an existing system.
And borrowing money from friends in order to lend them money again, well, you have to help your friends sometimes 😋
I think many people find the system dubious or are afraid of the consequences, otherwise a lot more people would have to use it.
I say borrow but its really my money I "lend" them and they immediately send the same money back almost like a flash loan but it tricks the banks mechanism for paying the bonuses so we sit with each other and send each other money to get free loot lol. The second I send the money my friend sends the same back as a DDP to a bank account and we both get a credit card bonus and a bank bonus since we use business accounts and they register as DDPs when you send it push ach instead of a pull ach and it must be a friend bc they dont like when you use ppl with the same last name for the billing part for CC bonuses but bank bonuses usually work fine with family as the TOS usually want you to refer family but they frown on manufactured spending which is what I am doing spending money but not really. It tricks the bank to think I spent money on something for say 5K then I get the 2000 credit card welcome bonus and my friend sends me my money back plus the cash back normally takes care of the fee of 2-3% I need to pay bc if I didn't do it that way I couldn't access the full credit line for 12-24 months for free I would be charged like 5% for a balance transfer which still would work for the purpose of using there money it would just have a extra cost to it. This all took a lot of trial and error and having banks close my accounts before I was able to figure out the rules and which ones I could bend to get what I wanted lol. There is even a IRS case where someone made like 500K doing it and the IRS was arguing that the credit cards were taxable and there not bc the IRS lost haha so that's why credit card bonuses are superior, no tax impact where as bank bonus are treated as interest or misc income that its taxed.
People I have found just dont ever think about it they have done bonuses before but like one or two when they signed up for there card they have and when I show them the treasure trove and how to take advantage of it people usually get it if they think about it and then I show them a few fast ones I can do in 20 min lol. Once they see that there hooked usually like my friend Jay finally decided to look at it and he made like 50K and bought his corvette with bank bonus money lol.
Its just a very complicated nuanced thing to do bc its not really ment to do this but they dont care as they could shut it down any time they want so they over all are making money on 99% of ppl and the 1% is to small to care about so that is how its possible to. Now if 50% of ppl did this they would shut the whole thing down bc it wouldn't make them money.
I would look at your local banks and ask if they know of any promotional offers for accounts then you will be able to get a good idea if they offer stuff like that or also check online in your country just google bank account promo offers and credit card promo offers as well as brokerage promo offers and see what comes up but probably specify your country to. If you find any let me know as i would want to do this as well and maybe we can partner on it and you coudl receive income from what im doing and vice versa you would be in charge of your country and I here and we could have a joint site that we could push ppl to and then just grow both and it would be more diversified and prob get more ppl bc I could send ppl i talk to from your country as well and they could benefit not justt me saying I cant help ya bc your not in the US lol
I've actually been on the lookout for such campaigns, but haven't found much so far. Service desert Germany is all I can say.
But I'll keep looking, maybe we can achieve something somehow!
On the other hand, it's hardly worth the effort for €20-50. But I'll keep my eyes open and then I can of course get in touch if I find something!
Sounds good would be cool if the US was not the only one that had excessive campaigns lol