We all know that you can’t just get cash out of your credit card for free. There is a hefty credit card fee for doing any cash advance. However, you can order coins with up to $500 per president out of five, making a total of $2500 worth of coins, and get it deliver for free. Order this through the Charles Schwab 2% Cash back and deposit the coins back into your bank. Also, there is no limit to the Native American Agriculture coins, hence order as many as you like. Buying these coins is considered a purchase. Hence, it’s no different than buying a coffee latte from Starburcks.
Info from fatwallet:
- Coins come in $250 boxes (ten rolls of $25). You can order two boxes of each design ($500) for the presidents; there is currently no apparent limit for the Sacajawea dollars. Shipping disappears once you complete the order.This is charged as a purchase, not a cash advance. The Mint will initially authorize the entire amount. The final charge is usually made the day after the coins ship. A few folks have noted receiving partial orders; the amount may not be charged until the order ships complete.The Mint appears to be back to matching order information. Keeping orders small (<$1000) seems to to be helpful in avoiding order matching, allowing one to order more than the item limits over time. To guarantee mismatched orders of the same item, the billing and shipping addresses, and credit card numbers must be different.All orders from the Mint of $300 or more will ship expedited (UPS Next Day Air or Priority Mail), signature required. Bellyaching about the signature requirement in the thread is verboten.
Many have reported long (sometimes extreme) hold periods for orders. Coins also sometimes get back ordered (the website usually notes an expected ship date). Do not order with any expectation as to shipment and delivery dates. If you are planning on getting a large number of boxes, consider making separate orders of $500 or $1000. Orders appear to be filled on a rolling basis, one design at a time. Also, remember that there may be a hold for your order amount on your credit card for some time.
Due to the vagueries of the Internet, shipping notices are sometimes received the day of or after delivery. The tracking number is the third in the block on the shipping notices. The first two lines have no obvious meaning.
To check the status of your order over the phone, call 1-800-USA-MINT and select option 2. The system will ask you to input your order # and billing zip code. The order number is in both the subject line and body of the order receipt e-mail.
If you do not know your bank or credit union’s policy on deposits of large amounts of coins, contact them before going. Most do not require that the coins be unrolled; however, you do need to remove them from their shipping box. Larger banks that handle commercial deposits have coin bags to place unrolled coins in. One poster reported adverse action from Chase after making coin deposits.
Adams, Jefferson, Madison, Washington, and Monroe available and you can buy 2 boxes each. Choose standard shipping during the order process and the shipping charge will revert to free.