$30,000 funneled through buying groups

Our one-year recap of this manufactured spending strategy.

Over the past year, we moved over $30,000 through three different buying groups as part of our manufactured spending strategy.

Our Buy Me For Retail dashboard

$30,000 means, hundreds of thousands of credit card points we otherwise would not have been able to obtain otherwise. If you’re wondering:

  • What exactly is manufactured spending?

  • What are buying groups and how do they work?

  • What’s the catch or risk with buying groups?

  • And whether it’s worth getting all these credit card points…

Read our blog post here to hear about our year with 3 different buying groups - the failures and finally pieces of advice if you want to accelerate your credit card point earning.

Weekly Credit Card Tip #15

The best ways to maximize manufactured spending is to make purchases on a new credit card with a high sign-up bonus so you’re getting a large return AND if possible, a card that also comes with a promotional 0% APR so you get the money a long time before you pay your card off. TAKES MAJOR DISCIPLINE

Here’s the top-level summary of the groups we used:

  • Buy For Me Retail (BFMR) - we bought over $17K worth of mostly Amazon and Apple electronics and sold them around at-cost to this company. It was very easy to do with their UI and helpful tracker.

  • Pointsmaker - we bought around $4K worth of electronics and sent them to Delaware where they paid us to make a small profit.

  • Aligned Incentives - we bought and sold gift cards with them, helping funnel almost $10K just by sitting in front of our computer.

What’s In our Wallets (Newsletter Exclusive)

Our lineup for this week is below. See our rationale here just for newsletter subscribers like you.

Matthew: World of Hyatt Business | American Express Green

Sarah: Delta Business Gold

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About WuhooPoints

WuhooPoints focuses on the credit card consultation side of Wuhoo Group. We help you unlock the power of your credits cards for free luxury travel. You can book a time with us, download guides, or submit other requests.