Credit cards are one of the best ways to earn rewards quickly. To earn the signup bonus, you usually need to meet a threshold of purchases in a certain period of time, known as minimum spend requirements (MSR). In Canada, these aren’t too strenuous. The majority of products require between $1,000 to $3,000 within the…
Manufactured Spend
Category Archives for Manufactured Spend.
Manufactured Spend with the Canadian Mint: Not a Big Deal
Manufactured Spending is the new hot topic with earning miles and points in Canada. Yesterday, the CBC released an article featuring my good friend Avery, who runs fellow BoardingArea blog Don’t Call the Airline. Basically, it talked about buying coins from the Canadian Mint to earn free miles. I thought the article was quite misleading, so…
A History of Manufactured Spend
Manufactured Spend/ing (or MS) has recently become one of the hottest miles/points topics. In short, MS is when you cycle funds through a credit card account for the miles. Typically, you purchase a money-equivalent item or product that you convert back into cash, then paying off your credit card bill. The time and fees you…
Manufactured Spend Canada – AC Conversion Prepaid
Generally, I don’t post about things on the down-low, but given that it’s been around for quite a while and I’ve already hinted at it multiple times, I might as well. Manufactured Spend Canada – Reloadable Cards Additional Reading: The Hottest Manufactured Spend Method in Canada is Dead I’m referring to the CIBC AC Conversion…
The Hot Way to MS in Canada is Dead… for the most part
Oh – this is tough. This might be the worst day in my miles/points life. 😉 As I see it, the CIBC AC Conversion Card is now effectively dead for manufactured spend. Both DCTA and Pointshogger have both covered this card before, but I was too busy MSing with it. This card was a multi-currency…
Getting 4% Back on All Your Purchases: Manufactured Spend Canada
The Canadian credit card market isn’t as hot as the American one, but we have it quite good compared to the rest of the world. Manufactured spend is the same – a lot better in the US. However, there are also a couple of excellent cashback cards available. Personally, I value traditional loyalty programs more…
MS with the Mint!
Manufactured Spend Canada and MS in the US have big differences. However, that’s not to say we haven’t gotten our opportunities. The Royal Canadian Mint is a great method to generate spend on credit cards. This is especially important for minimum spend requirements which have increased. We now see that the most lucrative cards such as…
The ATM ate my money!
I was going to write a whole expose on Canadian Manufactured Spending today, but then while doing transactions yesterday, this happened at my local ATM. Let’s just say I’m not a big fan of CIBC right now, even though I have a lot of their products. If you already have their Aeroplan co-branded Visas, great. Otherwise,…
Using Plastiq in Canada to pay for non-Credit Card Expenses
Most recently, I’ve had a lot of readers email me with questions about the American Express Business Gold Card. I wrote about the improved offer in this post. It currently offers 40,000 points as a signup bonus, which is the highest I’ve ever seen for a card with no annual fee. In their emails, readers have said…
Using Square to Manufacture Spend in Canada
Update: I’ve heard the AMEX IS shutting down people for cash-like transactions to meet minimum spends with Square, so I would avoid using Square illegitimately, and only related to real business expenses or sales. I’ve received lots of reader questions and emails about the new HOTÂ offer for the American Express Business Gold Rewards Card, which…
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