re: How to make $300k arbitraging credit card points and then pay zero taxes on it

quote:

---

I like Amex (have Platinum) but Chase Sapphire is the tits. More airlines you can transfer points to and you can transfer Chase Ink to Sapphire to pool points.

---

Chase Sapphire is great because you can transfer to Hyatt. It's crazy how much value you can get there instead of any other hotel chain you can transfer to

You can usually get rooms for like 10k a night when somewhere like Marriot is going to be close to 50k a night for the same kind of hotel

quote:

---

I like Amex (have Platinum) but Chase Sapphire is the tits. More airlines you can transfer points to and you can transfer Chase Ink to Sapphire to pool points.

---

Can you explain this a little bit?

We run $350-400k/yr through a Chase Ink Business Premier, and I just cash them out periodically.

Also have a AMEX Blue Business, but probably don’t do $50k through it. They’re the same rewards (2% cash back I think). The Chase is def unlimited 2%, and AMEX is 2%, but maybe with a cap?

As far as personal CC’s we don’t really have much that is rewarding at all, (low end AMEX and Citi) so we really don’t use them.

Do I need to get a personal Chase Sapphire and just start running some personal expenses through it (groceries, gas, etc.)? Then just stick to Chase only? Hotels and Airlines will be main uses for points.

But I think AMEX to Hilton transfer is good too? I don’t know. I don’t keep up with where and how to redeem as well as I should because I’m usually just cashing out.