Free cashback using stamps?

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stevo84_2
stevo84_2 Posts: 370 Forumite
in Stoozing: free cash from credit cards
I had an idea the other day that you could purchase £200 worth of stamps on a 0% puchases cc (assuming it appears on statement as a purchase) then take them back for a refund (in cash). I believe that stamps are classed as legal tender, cash, either at a post office or via a postal order. If this worked it could be a simple bud odd way of getting cash on a 0% cc fees free.

Anyone got any thoughts on this? ;)
Current stoozing balance (Since 23/4/06): -£1335
Matched betting proffit (Since 25/4/06): £295 I think (Getting confusing!)
Quidco Balance: £55 :beer: * Updated 31st May *
If anyone sees any arbs at canbet / betandwin please let me know! *Thanks*

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  • Chadsman
    Chadsman Posts: 1,100 Forumite
    First Post First Anniversary Combo Breaker
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    Who told you stamps are legal tender?
    No one is obliged to accept postage stamps as payment for anything (apart from delivering a letter).
    The post office might be willing to refund a purchase of stamps (I cant say I have ever heard of that) but if they did I would think they would insist on the refund be given using the same method as was used for payment.
    :beer:
    God save the King!
    I'll save Winston Churchill, Jane Austen, J. M. W. Turner and Alan Turing.
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