Frequent Miler did a presentation this past FTU regarding reload cards and I found the PayPal "reload" card to be of interest. For some reason I had not caught this one previously but I thought it would be a great alternative to meet minimum spends or earn lots of points.
I went to my local CVS and found that they had some so I bought one using my Hilton Amex card. This card gives you 6 points per dollar at grocery stores and CVS would be considered a grocery for Amex. FYI reload and gift cards to not count towards cash back on your Extra Care Card.
I purchased the card for $3.95 and loaded the max of $500 on it. I went home and loaded the amount to my paypal account using this site. The max you can load is $500 per day or $4,000 per month. You can then use your cash in paypal to make purchases, transfer to others, or transfer to your bank. Be careful not to look suspicious and add funds and immediately withdraw to your bank as you may get shut down. So word of caution...USE AT OWN RISK. Applying for a PayPal Debit Card may be an option which can then be loaded to bluebird but don't know if this will work. Experiment in the works.
Update: A reader informed me that he did not have success purchasing a paypal card with credit card as they only accepted cash. So your experience may very by store.
I was thinking of other cards I could use to earn points or miles lucratively and the new Club Carlson Premier Visa came to mind because it earns 5 points per dollar anywhere. So hypothetically if I were to max out on paypal load cards at $4,000/mo, I could earn 240,000 for about $380 for the year. I think this is a great deal considering a hotel can go for 250+ per night say at NY or London but can be redeemed for 50,000 points. Plus with the credit card you can get a free night after redeeming points for 2+ nights. Off to CVS I go (hope I can stay under the radar on this one)
Feel free to follow me on twitter or facebook. Thanks!