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You have one week left to make your last free $1,000 transfer on Amazon Payments with a credit card. The ability to manufacture spending this way ends October 12, 2014.
Amazon Payments is a payment service very similar to PayPal with one major difference.
Amazon Payments charges no fee to pay someone with a credit card. You can send $1,000 per month per account without fees on Amazon Payments. You can also receive $1,000 per month per account without fees.
People use this to pay for things that ordinarily couldn’t be put on a credit card, like your half of your rent to your roommate, or to manufacture spending.
Starting October 13, 2014, the person-to-person payments option will be eliminated. You will no longer be allowed to send and receive $1,000 per calendar month fee-free. From an email sent to Amazon Payments users:
“Additionally, we have updated the terms and conditions of our User Agreement (https://payments.amazon.com/
That means you can only send $2,000 more fee-free, $1,000 during September and $1,000 from October 1 to 12, 2014.
There are still ways to manufacture spending, including my preferred method, Kiva.
Just getting started in the world of points and miles? The Chase Sapphire Preferred is the best card for you to start with.
With a bonus of 60,000 points after $4,000 spend in the first 3 months, 5x points on travel booked through the Chase Travel Portal and 3x points on restaurants, streaming services, and online groceries (excluding Target, Walmart, and wholesale clubs), this card truly cannot be beat for getting started!
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