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Paying Stamp Duty with Credit Card

aj9648 · 2013-01-29 20:32:30

Hi I just wondered if anyone knew if I could pay duty by credit card? I have a 0% card for 20months and could with chucking the £9K on to there for 20 months. Would the credit card company treat it as a new purchase?

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Itsallgoodinthenorth Posts: 3 Newbie

11 December 2013 at 7:58PM

It could have made financial sense to be honest, if it could be done at a true 0% with no penalties from their provider or the treasury.

Look at it like this 0% Paid over 20 months then bank the 9k you would have paid over and get what ever the interest rate is at the time in your current account..

Let's be clear here.

At no stage has the op suggest they can't afford it, they simply asked a question of can it be done.

My answer would be

Yes but.... Only if your a cash buyer(no mortgage) and it may not work out cheaper to do it this way.

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Paying Stamp Duty with Credit Card

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