Just telling you what I saw first hand

Apr 3, 2024
2:29:19pm

mobicurious Starter

There are many Russians and Iranians who do not have access to accounts that are connected in traditional ways, but do have access to credit cards.

The credit card purchases were from those kinds of folks...

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mobicurious

Bio page: mobicurious
Joined: Sep 11, 2021
Last login: Jun 10, 2024
Total posts: 2,503 (8 FO)

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Messages

Author

Time

To all smarter than me. Need CB gurus ideas. If u had $500,000 in cash

Swishfromdeep3

Apr 3, 12:42pm

Kiting your credit cards is the only answer

JimmyZ

Apr 3, 12:43pm

AMEX has no limit

mobicurious

Apr 3, 12:47pm

AMEX has no "pre-set" spending limit

Jesse Pinkman

Apr 3, 12:59pm

That could be awkward at the Maserati dealership

Heath Squashwell

Apr 3, 1:16pm

I was visiting a luxury car dealership in Dubai a few weeks ago

mobicurious

Apr 3, 1:18pm

Seems that dealerships in the states cap CC transactions at $4k.

scottpete

Apr 3, 1:26pm

That’s crazy. And I can’t believe the car dealership will let them charge the whole amount on a card.

RalphWiggam

Apr 3, 1:38pm

There really is not a reliable consumer credit industry in UAE

mobicurious

Apr 3, 1:45pm

All the more reason to not accept credit card payments . The Middle East does wire transfers all the time. You can pay

RalphWiggam

Apr 3, 1:50pm

Not everyone in Dubai has access to wire-transfer accounts

mobicurious

Apr 3, 1:57pm

I’m sorry but that’s nonsense. Anyone with the ability to put 100’s of thousands on a credit card has the ability to do

RalphWiggam

Apr 3, 2:08pm

Just telling you what I saw first hand

mobicurious

Apr 3, 2:29pm

Hint - they don't eat any of those fees. If someone is paying sig figures for a vehicle using a credit card

kccougar

Apr 3, 2:10pm

Just get a card without a limit.

SuperTank

Apr 3, 12:54pm

I would start by finding a couple credit cards that require large minimum spends

cougarfann888

Apr 3, 12:54pm

“If”? This is CB.

bruincoug

Apr 3, 12:55pm

If you can split the transaction across multiple cards, then sign up for a few

Skeptical Optimist

Apr 3, 1:06pm

Most reputable places will not do large money transfers through CC.

El Fuego

Apr 3, 1:14pm

I remember the guy that would charge no fee traveler's checks at AAA and then

BYUFBDAD

Apr 3, 1:19pm

I can’t imagine anything that cost $500,000 that they would be willing to take a credit card

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