Useless UpdateThis 29 Year Old who Bought a Tesla with a Credit Card is a Certified DOUCHE

This 29 Year Old who Bought a Tesla with a Credit Card is a Certified DOUCHE

CNBC – 29-year-old Keith Rosso, recently used a credit card to buy a Tesla Model 3 with his wife Liz for a total of $58,857, including taxes and fees. Although Tesla wouldn’t let Rosso purchase the car directly with his credit card, they accepted the payment through Plastiq, a third-party service that charges a 2.5 percent fee.

Rosso qualified for the Ink Business Preferred because of his eBay side hustle, and he notes that’s what’s special about the card is that it offers a high credit limit as well as the option to spend beyond that limit if necessary. His credit limit was around $37,000, so he exceeded it by about $23,000 to put the entire car payment on the card. But since he and Liz had the funds saved, they were able to pay the card off in full and they didn’t have to deal with any extra fees or interest payments.

 

The fact that this is an actual thing is mind bending. I can’t believe that a business related news organization actually covered this absurd story.  The whole thing seems like a giant advertisement for Plastiq and Chase. Anyway, this guy Keith Rosso is a fucking DOUCHE. CANOE. If I ever pulled this shit off, by no means would I be bragging about it or want a story written about me. Look how ridiculous this sounds: “Oh look at me! I sell shit on ebay and qualified for a business card, so I bought some credits to pay Tesla through a third party service in order to get points. But only do this if you’re a privledged white boy who has the liquid cash to immediately pay off the card” Fuckin hack. This is the kind of shit that gives Millennials bad names. I have three problems with how this went down:

  1.  How in the actual universe does Chase let someone charge $23,000 over the credit limit? Like I get that business cards let you go above the limit, but by tens of thousands of dollars? Are you for real?
  2. Who’s the idiot at the Tesla dealership that thought it was a good idea to be funded through this bullshit service Plastiq that I never heard of?
  3. How pissed is Chase right now? They got completely screwed over… This is why credit card rewards are getting cut and shittier over time. One asshole decides to game the system and the average person suffers because of it.
  4. Keith Rosso is a MORON. Unless he is beyond rich, he needs to be investing $50,000… Because in 40 years, with decent returns (even if there’s a recession or two), and compounded reinvesting, that $50,000 will be $300,000. But no… He decided to buy a Tesla which will depreciate to nothing. Good for him if he’s successful and can afford nice things – that’s not my issue. It’s the utter ridiculousness of this entire ordeal that pisses me off.

I’m all for gaming the credit card rewards system. I do it myself. Banks make ZERO money off of me. Zero. They lose money from me. I manipulate my purchases to get as many points/rewards/cashback matches as possible and never owe any interest. That’s fine, banks are rich AF, so the hell with them. But to do this on such a grand scale and brag on CNBC about it is silly. Look at this absolute goofball:

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Image of privileged white boy and his wife who needs to get her God damn hand off the car; jacked from CNBC

And get the closing line of the article:

Now they’re considering using the points to spend seven nights at a Hyatt in the Maldives or on round-trip business class tickets to Australia.

Dude if you have the money, just drop 7-10k and go to the fuckin Maldives. Invest the rest, and buy a Tesla with financing. Idiot.

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