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Guy pays Chase CC bill in 650k pennies

PostPosted: Tue Mar 15, 2011 1:54 pm
by EndTheFED
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.

Re: Guy pays Chase CC bill in 650k pennies

PostPosted: Tue Mar 15, 2011 2:38 pm
by wheeler_dealer
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.

Re: Guy pays Chase CC bill in 650k pennies

PostPosted: Tue Mar 15, 2011 4:12 pm
by BamaJoe
That's one way to dump them.

Re: Guy pays Chase CC bill in 650k pennies

PostPosted: Tue Mar 15, 2011 5:03 pm
by frugalcanuck
haha it seems every once in a while someone tries this.. I think its great

Re: Guy pays Chase CC bill in 650k pennies

PostPosted: Tue Mar 15, 2011 5:20 pm
by Corsair
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!

Re: Guy pays Chase CC bill in 650k pennies

PostPosted: Tue Mar 15, 2011 8:22 pm
by Know Common Cents
I'm all for doing things like that, but I wonder how much it cost to transport all of them to Chase.

Re: Guy pays Chase CC bill in 650k pennies

PostPosted: Tue Mar 15, 2011 8:54 pm
by bman
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-)