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this post was submitted on 06 Sep 2026
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Today I Learned (TIL)
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Pretty expensive toilet paper.
There was a thing where you could buy dollar coins and pay with a credit card. They were sold at face value and the card would give a percent cash back, resulting in a net gain. They closed that loophole though.
Looked at doing that to get miles but it's considered a cash advance and there's a fee.
No that was the thing, it was a purchase not a cash advance. Most importantly there was free shipping on the coins. So what people were doing was buying the coins with their CC then depositing the coins in the bank to pay off the bill, thereby getting you free miles from your card, at no expense to you.
I believe the reason this promotion existed was an attempt by the government to get the dollar coins into circulation, but ended up being cobra effect situation because then the banks were just sending the coins back.
Yeah that was in the Dubya administration, with the "gold" Sacagawea coins.
Yep, those were as "gold" as the prevailing story about her is true. ๐
Must be a running theme with women on the dollar coin. I've heard a lot of myths about Susan B. Anthony.
Ha! That's what one gets for dying and becoming a cultural icon posthumously, eh? ๐
Might be a thing about being on dollar currency. There's a bunch of bullshit out there about George Washington.
ftfy ๐