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 Replies: 20 / Views: 3,767 |
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Pillar of the Community
United States
4132 Posts |
I was just browsing the mint web site and found this notice: Quote:
The United States Mint has eliminated the credit and debit card purchase of $1 Coins through its Direct Ship Program effective July 22, 2011. Customers who wish to purchase $1 coins through the Direct Ship Program can still do so by wire transfer, check, or money order.... This is why we can't have nice things! |
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Pillar of the Community
United States
1348 Posts |
I think it is a great idea. People who really want them can send in a check.
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Moderator
 United States
6563 Posts |
Can you buy a money order with a credit card?  |
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Pillar of the Community
United States
5822 Posts |
CC creditors will charge you 5% upfront for using their checks.
Buying a postal MO with credit card, that's another idea I said way to GO! Anyone try it yet?
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Pillar of the Community
United States
7840 Posts |
I wonder if my CC order will go through? It was placed earlier this week, and went immediately on back order. Oh well...I am sure that I will hear something. Edited by oih82w8
07/22/2011 1:53 pm
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Pillar of the Community
 United States
4132 Posts |
I believe money orders get charged as cash advances (they did the last time I bought a money order, which was like 10-15 years ago).
It's a bummer for me, because using a credit card is convenient, and I was actually using the program honestly.
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Bedrock of the Community
United States
19931 Posts |
I really thought they closed this loophole like a year ago! I guess not.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Pillar of the Community
United States
1081 Posts |
I'm out of the loop, what was the loophole?
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Pillar of the Community
United States
3294 Posts |
You get airline points for spending on your CC, but you were "spending" to get CC changed into $$.
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Bedrock of the Community
United States
12437 Posts |
This will be the beginning of the end for the Direct Ship program  I think it is absolutely absurd to not even allow the use of debit cards that take money from a checking account. Of course, the Mint would never think of using a service like PayPal either. |
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Moderator
 United States
187702 Posts |
Talk about overkill. I wonder why they could not have these purchases treated as cash advances.
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Pillar of the Community
United States
623 Posts |
What if you buy mint gift certificates with your credit card and then use them to pay for the dollars?
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Pillar of the Community
United States
5822 Posts |
There's always a loophole, especially the government. Edit: Just read that paragraph from the mint again. Wire transfer, check or money order. Perhaps that's the only form of payment.  Edited by macmercury
07/22/2011 4:52 pm
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Pillar of the Community
United States
584 Posts |
Russ789 you....you...you are good! Sorry I just watched it last night. But SSSHHHH its a secret! I thought they lowered the limit one could buy between x amount of calendar days. Of course the few that abuse ruin it for everyone. Such is life.
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Valued Member
United States
94 Posts |
I hope that attention-[blank] at berkley that thought it'd be more fun to get interviewed by NPR instead of taking "trips around the world" is happy that she's done taking trips around the world. What a goofball.
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Pillar of the Community
United States
1213 Posts |
Here's the full explanation: http://catalog.usmint.gov/webapp/wc...ntifier=8100I especially like the sentence: Quote:
Eliminating the credit and debit card purchase of the $1 coin is the next step in our efforts to root out abuse in this program and ensure it is better targeted toward fulfilling its intended purpose--which is to get the $1 Coin into greater circulation. Get a clue mint - if you want to increase circulation of the dollar coin then eliminate the paper dollar.  Problem solved! |
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Replies: 20 / Views: 3,767 |
Posted 07/22/2011 1:43 pm
