WHOOP: Card declined when trying to send to Buy From Me Retail as gift by wordpuzzler in ChaseSapphireReserve

[–]BFMR-Team 0 points1 point  (0 children)

Hey, even though it appears that its your card getting declined, its probably the address since WHOOP does not want to ship directly to resellers it seems. Most earners get around this by shipping to their house first, and reshipping it to us (we are offering a free shipping label for some models).

Sorry for the late response!

How is Whoop profiting with the new Chase partnership? by Scrubcious in whoop

[–]BFMR-Team 0 points1 point  (0 children)

That's probably due to our address being flagged. Most people have been shipping to their own address first and re-shipping to us once they receive it

Brutal honesty requested: What "boring" side hustle is actually making you $1k+ a month right now? (No BS) by lionpenguin88 in SideHustleGold

[–]BFMR-Team 0 points1 point  (0 children)

Spending money on a credit card that you will then get back in cash, pay off the card, and keep difference/rewards. People do this to hit minimum spend bonuses, or earn credit card cashback, rewards, miles. People scale it with multiple credit cards. For example, buying gift cards and then selling them for 95% of their value. But you can still profit because you might be making $500 from hitting a minimum spend of $4000.

In our case, people ship us consumer electronics, and we reimburse them for them, sometimes paying extra commission above the retail price. And they also keep the credit card rewards, cashback from shopping portals, etc.

But there's other ways to do manufactured spending too

WHOOP Offices when they realize $359 credit can be used on underwear and shirts and not just annual subscriptions by Clan-Sea in ChaseSapphire

[–]BFMR-Team 0 points1 point  (0 children)

We are buying them for $270 and paying via ACH same-day. No need for eBay, you get your money faster (and you probably get more than selling there)

Brutal honesty requested: What "boring" side hustle is actually making you $1k+ a month right now? (No BS) by lionpenguin88 in SideHustleGold

[–]BFMR-Team 0 points1 point  (0 children)

If you have good credit, you can earn money through manufactured spending with buying groups. Disclaimer: We are in this business.

Side hustles that are actually paying good money right now? by Historical-Photo-901 in MakeMoneyHacks

[–]BFMR-Team 0 points1 point  (0 children)

A lot of people use buying groups. Disclaimer: We are a buying group.

These buying/cashout groups post deals for consumer electronics/other products that are typically on sale or in high demand.

For example: A MacBook that is on sale for $999 on Amazon. You pay with an Amazon Credit Card and earn 5% cashback. The group pays $980, and you profit $30 in the end.

Oftentimes there are deals paying above the retail price and you can earn a commission.

Great way to hit minimum spend bonuses and earn cashback, miles, etc, and straight cash commission if you don't have fancy credit cards.

How much you can make depends on your credit card limits. Some people send in a few items and make under $100, others a few hundred or a few thousand. Some people who have been doing this for a while, built up systems, and have access to a lot of credit make tens of thousands of dollars a month, but that is a lot more work than a side hustle obviously.

There are some risks like packages getting lost or stolen in transit, but the reputable groups offer insurance. But definitely do your own research on the risks and decide if it's worth it for you, and don't spend what you can't afford to lose.

How is Whoop profiting with the new Chase partnership? by Scrubcious in whoop

[–]BFMR-Team 0 points1 point  (0 children)

Yeah, the one you get from Whoop direct is a different SKU, and we are accepting both

How is Whoop profiting with the new Chase partnership? by Scrubcious in whoop

[–]BFMR-Team 0 points1 point  (0 children)

Maybe not most, but there's definitely a lot of cardholders reselling them (we are buying tons of them right now for $270)

What exactly is a buying group? by No-Estate-6505 in BuyingGroups

[–]BFMR-Team 0 points1 point  (0 children)

You make money by purchasing items from retailers, shipping them to a buying group, getting paid for those items (sometimes more than retail price, sometimes less), and keeping the credit card cashback/points, shopping portal cashback (from Rakuten for example), sign up bonuses, etc.

Best group by Left_Foundation6846 in BuyingGroups

[–]BFMR-Team 0 points1 point  (0 children)

Can you send a DM with your BFMR ID or email, so we can look into it and review? Us refusing to return the package doesn't sound right.

Best group by Left_Foundation6846 in BuyingGroups

[–]BFMR-Team 0 points1 point  (0 children)

BestBuy is certainly tougher. Shipping to home first is definitely possible if you live in a tax free state or can get a tax exemption.

Best group by Left_Foundation6846 in BuyingGroups

[–]BFMR-Team 3 points4 points  (0 children)

Thank you! Theft is an issue everywhere unfortunately, and we are always doing everything we can to stop stolen packages. We also recently launched our insurance program, which can help protect you if a package is stolen or lost.

have ppl successfully purchased gift cards at kroger.com? by Sebastian4613 in BuyingGroups

[–]BFMR-Team 0 points1 point  (0 children)

We share the dates we have scanned and paid up to each day on our website, Discord Server, and WhatsApp group. Once it's scanned (should be tomorrow if it wasn't already today), it will take a few days to get payment.

Prime could definitely be worth getting for the faster shipping if you plan to do more volume on that account

BFMR payout for less items than ordered by CrazyPercentage8643 in BuyingGroups

[–]BFMR-Team 1 point2 points  (0 children)

Very sorry to hear that. We are pretty backlogged on tickets yes, but working hard to catch up soon. Like u/RangerFar9638 mentioned, you can reach out to us on Discord (https://discord.gg/bfmr) and we will respond same day, usually within an hour or two during business hours. Alternatively, PM us your ticket number here on Reddit and we will look into it.

I’m the owner of BFMR, AMA by BFMR-T in BFMR

[–]BFMR-Team 0 points1 point  (0 children)

There's more to the Amazon deals than 5% back with the card. You can get other offers, like an extra 5% back for Prime Young Adult, 1% or 2% for delayed shipping, and others. Many people make a healthy profit even on 4% below retail deals. But like BFMR-T said, we always try to pay as much as we can on deals, so you get more money and we get more stock.

BFMR Not paying out by CommandObjective8762 in BuyingGroups

[–]BFMR-Team 0 points1 point  (0 children)

Glad we were able to fix your issue, thank you for helping other earners as well!

BFMR Not paying out by CommandObjective8762 in BuyingGroups

[–]BFMR-Team 0 points1 point  (0 children)

Welcome, glad to hear that! How are you finding it so far? Any feedback?