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+20 Score 109 Replies 46,607 Views
Post #153113878 added 01-25-2022 10:21 AM by sandamn12 in Deal Talk
Some car dealers allow you to charge full amount as long as you pay 3% or so fee, might be an option if already in the market
+20 Score 109 Replies 46,607 Views
Post #153126223 added 01-25-2022 7:15 PM by Evils in Deal Talk
I'm not going to lie, I did this last year and it wasn't super pleasant. I didn't need the money, so after I haven't received it with my regular refund I just waited until late September before I...
+20 Score 109 Replies 46,607 Views
Post #154024408 added 03-15-2022 11:18 AM by Wasser in Deal Talk
Looks dead now... down to $1000 sign-up bonus.
+20 Score 109 Replies 46,607 Views
Post #153659479 added 02-23-2022 11:13 AM by FormallyKnownAs in Deal Talk
Haha, this is clearly a statement from someone without person experience. With the exception of AMEX, no business card treats your charges any different than if you used a personal card. After...
+20 Score 109 Replies 46,607 Views
Post #153115165 added 01-25-2022 11:17 AM by RisingNexus in Deal Talk
Is the $3000 taxable?
+20 Score 109 Replies 46,607 Views
Post #153115366 added 01-25-2022 11:23 AM by cgigate in Deal Talk
will use it for CyberTruck
+20 Score 109 Replies 46,607 Views
Post #153928144 added 03-10-2022 4:05 AM by henry333 in Deal Talk
It is NOT to pre-authorize payment. It is only to check whether the amount will go through or be rejected. With annual fee $150 already charged, It is quite likely that $9850 will be the limit. ...
+20 Score 109 Replies 46,607 Views
Post #153150586 added 01-26-2022 9:20 PM by skeptigal in Deal Talk
Not for IRS purposes! For the issuer. For IRS, I know I can take these expenses. But wonder if anyone knew whether owning income properties is considered a business with Cap 1.
+20 Score 109 Replies 46,607 Views
Post #153401494 added 02-08-2022 6:00 PM by abramowicz in Deal Talk
Capital one is cancer, utter CS and security incompetence, stay away for your own good.
+20 Score 109 Replies 46,607 Views
Post #153664909 added 02-23-2022 4:26 PM by Wasser in Deal Talk
Would you recommend a similar offer that is not as business-y? :hug: Would really help swallowing that CGT...:eek:
+20 Score 109 Replies 46,607 Views
Post #153120433 added 01-25-2022 3:11 PM by xjhuan in Deal Talk
Car lease ending soon. Too expensive to buy a new car. Maybe I should buy out the lease with this card?
+20 Score 109 Replies 46,607 Views
Post #153210691 added 01-30-2022 7:48 AM by overzeetop in Deal Talk
Seriously. I've done several business cards that I basically only use for personal for the bonus. I occasionally mis-charge and get personal onto my (real) bus cards and usually just book the expense...
+20 Score 109 Replies 46,607 Views
Post #153115498 added 01-25-2022 11:28 AM by Quality-Learing in Deal Talk
This would have been useful last year when i spent 50k on consoles and gpus
+20 Score 109 Replies 46,607 Views
Post #153115513 added 01-25-2022 11:28 AM by fbueller in Deal Talk
$3,000, not $300. Also, this is a charge and not credit card, so you have to pay it off every month. This deal isn't for amateurs.
+20 Score 109 Replies 46,607 Views
Post #153115630 added 01-25-2022 11:33 AM by RisingNexus in Deal Talk
I don't trust the government keeping good records for that amount of money!
+20 Score 109 Replies 46,607 Views
Post #153120556 added 01-25-2022 3:17 PM by Eagles89 in Deal Talk
They don't usually care about small purchases but it would be hard to hide personal purchases when you have to spend $50k
+20 Score 109 Replies 46,607 Views
Post #153270487 added 02-02-2022 7:40 AM by dowayne in Deal Talk
Would have been great for me if I did not already have this card. I have the older one though same 2% but $99 annual fee
+20 Score 109 Replies 46,607 Views
Post #153118006 added 01-25-2022 1:23 PM by kobe4sho in Deal Talk
How's it considered debt if it's a BUSINESS spend?? Stay away if you don't own a legit business then lol
+20 Score 109 Replies 46,607 Views
Post #153127306 added 01-25-2022 8:09 PM by njguy545 in Deal Talk
I wouldn’t suggest making a crazy payment to the irs hoping for a quick refund, they are still processing tax returns from last year, good luck getting your money tied up for months or years and...
+20 Score 109 Replies 46,607 Views
Post #153129520 added 01-25-2022 11:19 PM by Seattle421 in Deal Talk
Can I pay myself then?
+20 Score 109 Replies 46,607 Views
Post #153291193 added 02-03-2022 7:38 AM by GCS in Deal Talk
Highly considering this card. Own 3 businesses (real ones) and considering just charging myself the 50k. I would lose a little over 2% due to my fees but there would be no waiting for the funds to...
+20 Score 109 Replies 46,607 Views
Post #153654979 added 02-23-2022 7:22 AM by Knightshade in Deal Talk
Yup. We use the $ owed to the IRS each year to knock out several signup bonuses at once. Note there's usually a fee to pay taxes with a card, but it's much smaller than the gain from the...
+20 Score 109 Replies 46,607 Views
Post #153873331 added 03-07-2022 4:16 PM by Wasser in Deal Talk
Thanks for sharing! That's a good point, may bite one in the back if counting on charging a large sum.
+20 Score 109 Replies 46,607 Views
Post #153210787 added 01-30-2022 7:57 AM by Wyvern1 in Deal Talk
down with the tax vampires, leviathan and all
+20 Score 109 Replies 46,607 Views
Post #153185284 added 01-28-2022 2:40 PM by fbueller in Deal Talk
True, but 100% increase of a penny is still only 2 cents. The absolute numbers matter too, and you shouldn't be doing cc churning for $100 a pop ($300 is the commonly accepted minimum even if you can...
+20 Score 109 Replies 46,607 Views
Post #153118264 added 01-25-2022 1:37 PM by fbueller in Deal Talk
Please point me to a guaranteed source of approx. 8% return on a $50,000 investment over 6 months. I'm waiting.
+20 Score 109 Replies 46,607 Views
Post #153132154 added 01-26-2022 6:07 AM by VTTreeklla in Deal Talk
IRS allows 30,000 gift to spouse without tax implications. I suppose if you could spend the remaining 20,000 in 6 months, and I suspect that most of us could, that would work, no?
+20 Score 109 Replies 46,607 Views
Post #153115531 added 01-25-2022 11:29 AM by fbueller in Deal Talk
But now you can use it to pay for collections and therapy. :bounce:
+20 Score 109 Replies 46,607 Views
Post #153847825 added 03-06-2022 1:24 PM by fbueller in Deal Talk
Minus $150 annual fee (charged on approval) = 3850
+20 Score 109 Replies 46,607 Views
Post #153847483 added 03-06-2022 1:14 PM by slimatvo in Deal Talk
Is it $4000 and not $3850 with 50k spend? (5000*.02)+3000 cash back
+20 Score 109 Replies 46,607 Views
Post #153689608 added 02-25-2022 6:33 AM by Knightshade in Deal Talk
Oh yeah if all your credit reports are frozen you'll be denied from about anybody. That said, Cap 1 is really picky. I get tons of approvals from citi, chase, amex, us bank, boa, etc.... only cap...
+20 Score 109 Replies 46,607 Views
Post #153654781 added 02-23-2022 7:10 AM by henry333 in Deal Talk
You can convert miles to cash easily. Do you have a reference for points to miles transfer?
+20 Score 109 Replies 46,607 Views
Post #153681859 added 02-24-2022 4:54 PM by Wasser in Deal Talk
Oh no, I am not averse to business cards, but apparently Cap1 decided I didn't make the cut and denied my app. :confused: I am credit worthy (825). Ya know, I put a freeze on my credit because of...
+20 Score 109 Replies 46,607 Views
Post #153425074 added 02-09-2022 8:02 PM by BertrmaH in Deal Talk
No to be rude , but all of our information is already out there we think only we know but World Wide Web knows everything and what so funny is that we provide this info ourself using our gadgets ,...
+20 Score 109 Replies 46,607 Views
Post #153113497 added 01-25-2022 10:09 AM by fbueller in Deal Talk
You need to spend $50k in 6 months on this card to get the $3,000 bonus. If you can't charge that much, or can't manufacture that spend, move along. This isn't a card for a college kid. This is a...
+20 Score 109 Replies 46,607 Views
Post #153119779 added 01-25-2022 2:44 PM by didier836 in Deal Talk
Can I prepay $50K in personal taxes (even though I likely do not owe any), get the bonus, and then receive the $50K back on my tax return? The IRS would not flag this? Technically it's a free loan...
+20 Score 109 Replies 46,607 Views
Post #153158560 added 01-27-2022 10:07 AM by killerkoala5590 in Deal Talk
Lmao man I wish, it was a 0% interest card! I'd put the whole mortgage on there! 😂 sadly it was just on the purchases and repairs
+20 Score 109 Replies 46,607 Views
Post #153844354 added 03-06-2022 11:10 AM by dbabo in Deal Talk
had Cap One BC one for 5 years. This Feb the card expired and the replacement was lost in the mail. They refused to waive the expedited (2-3 bus days) shipment of $15 and stated that they can't...
+20 Score 109 Replies 46,607 Views
Post #153520204 added 02-15-2022 10:36 AM by Wasser in Deal Talk
So I am expecting to pay a load of Capital Gains Taxes to The Man next year. Could I use this card to make pre-payments and cash in on the bonus, and prevent penalties from the IRS? I do sell a...
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