Credit Card and Bank Account Bonus Churning, and Interest Income Maximization

Edit (04/17/17): I added my AMEX card to my PayPal account since Goldmoney doesn't allow AMEX funding via their credit card form. From the bid price, it is still 2.9%. The only difference is that you can only withdraw the money back to the PayPal account used, and the gold is stored in a special PayPal vault. Edit (04/14/17): I sold off my 24.571 GAU of gold at a sell price of $40.68/g. The spot price was $41.04/g at the time. There was a 0.5% fee to withdraw to a bank. The balance showed up in my account one day later - super fast and reliable I must say. Edit (04/10/17): I bought $1,000 worth of gold at a spot price of $40.38, but with a buy price of $41.54 for a total of 24.571 GAU. A 0.5 GAU first-time deposit bonus was included in the 24.571 GAU. The total fees came out to be around 2.9%. This is the same whether you use Visa or Mastercard. Edit (04/02/17): Goldmoney now charges an extra 2% when funding with credit cards. With the 0.5% transaction fee and the bid-ask spr...

I have several cards which have $500 spending requirements to earn $150 in rewards. They are the Chase Freedom Unlimited and the Chase Freedom. In addition to organic spend, you can MS by opening bank accounts that allow for credit card funding. This is very useful if you need to meet minimum spending requirements for cards that require $3000+ within the first 3 months such as the Chase Sapphire Preferred/Reserve or the Chase Ink Business. So far, I have loaded CHU to load a PNC savings account. Max is $2,000 per load. It counted as a purchase and netted me 3,000 Unlimited Rewards points CHU to load a Quorum Federal Credit Union savings account. Max is $2,500 per load. My application is still pending so the "purchase" hasn't posted yet. In order to prevent any cash advance charges, I set the cash advance limit to $200. That way, if I charged any amount above the limit, it would get rejected by the bank. This is to safeguard against situations where Chase codes the...

Edit: You cannot have the Arrival+ if you are currently holding the Arrival, whether it was downgraded or not. You must cancel the Arrival and re-apply for the Arrival+. It is a churnable card too. I got the Arrval+ in 2014 with the 40,000 miles bonus upon spending $3,000 within the first 3 months. I hit the spending using AMEX Serve loads back when it was accepting Visa and Mastercard. The miles posted on the statement after the spending was hit. The bonus is now 50,000 miles. R.I.P. Serve