Guy pays Chase CC bill in 650k pennies

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Guy pays Chase CC bill in 650k pennies

Postby EndTheFED » Tue Mar 15, 2011 1:54 pm

http://www.cnn.com/video/#/video/us/2011/03/15/dnt.credit.card.bill.pennies.XETV?hpt=T2

thought this was really great - maybe I should pay off my car loan in pennies, good way to get rid of a lot of zincs really fast.
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Re: Guy pays Chase CC bill in 650k pennies

Postby wheeler_dealer » Tue Mar 15, 2011 2:38 pm

Is this one of our members with a creative way to dump zinc's? (Chuck) Wonder if this presents a buying opportunity for someone out in California? even 20% copper haul would be a bonanza.
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Re: Guy pays Chase CC bill in 650k pennies

Postby BamaJoe » Tue Mar 15, 2011 4:12 pm

That's one way to dump them.
If you are waiting for the "correction" to buy you need to realize that the increasing prices ARE the correction.


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Re: Guy pays Chase CC bill in 650k pennies

Postby frugalcanuck » Tue Mar 15, 2011 5:03 pm

haha it seems every once in a while someone tries this.. I think its great
"The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent." John Kenneth Galbraith 1975
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Re: Guy pays Chase CC bill in 650k pennies

Postby Corsair » Tue Mar 15, 2011 5:20 pm

I think it's terrible. If the guy paid with pennies from circulation, then counting the coppers, Wheats and Indian Heads, he overpaid by a bunch!
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Re: Guy pays Chase CC bill in 650k pennies

Postby Know Common Cents » Tue Mar 15, 2011 8:22 pm

I'm all for doing things like that, but I wonder how much it cost to transport all of them to Chase.
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Re: Guy pays Chase CC bill in 650k pennies

Postby bman » Tue Mar 15, 2011 8:54 pm

What a great plan!
Order a bunch of direct-shipped Presidential dollars from the mint and get your airline miles of cash back from the credit card and pay it off with zincs you need to dump anyway....GENIOUS!!! 8-)
my old Realcent feedback thread: http://realcent.org/viewtopic.php?f=32&t=171
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