The decision follows similar announcements by other banks.
A travel hacker snagged himself $5,000 of 'free' travel by using a credit card to buy a $60,000 Tesla
Keith Rosso, a writer and editor at the blog Million Mile Secrets, recently bought a Tesla Model 3.
Rosso put the entire $58,857 purchase on his credit card using an app called Plastiq, which charges a 2.5% fee.
Rosso used his Chase Ink Business Preferred Card, which earned him 180,000 Chase rewards points, equal to $1,800 in cash back or at least $5,000 in airfare, hotels, and rental cars.
Keith Rosso and his wife saved up for over two years to buy a Tesla Model 3.
At a starting price of...
Wells Fargo is pumping the brakes on customers using their credit cards to buy bitcoin -- the bank has banned credit card cryptocurrency purchases. However, this isn't a permanent measure, as Wells Fargo will monitor the crypto market and reassess th...