Paying off credit card with another

bluebell79

Hello,

I'm trying to pay my barclaycard off with a virgin credit card,
but it wont let me.

Any ideas?

HappyMJ

Do a balance transfer.

Treadmill

Be aware though that a balance transfer does not count as your monthly payment, so don't get caught with late fees.

guesswho2000

Treadmill wrote: »

Be aware though that a balance transfer does not count as your monthly payment, so don't get caught with late fees.

A balance transfer most certainly does count towards your monthly payment.

thenudeone

Treadmill wrote: »

Be aware though that a balance transfer does not count as your monthly payment, so don't get caught with late fees.

A payment is a payment.

I've used balance transfers to clear credit card balances to zero many times, and even if there's been no other payment in the month, I've never been charged a late fee or been given a late payment marker.

guesswho2000

thenudeone wrote: »

A payment is a payment.

I've used balance transfers to clear credit card balances to zero many times, and even if there's been no other payment in the month, I've never been charged a late fee or been given a late payment marker.

Indeed, the recipient bank don't know (or care, I expect) where the money has come from, just that it's been paid in - hence why it shows as a payment, rather than a refund (which wouldn't count towards your monthly payment unless it resulted in a zero, or positive, balance (as in you no longer owed the CC company anything).

Blackpool_Saver

it was probably residual interest