Is it possible to pay a Credit Card with another credit card?

DunPin

zingarina wrote: »

Ok but on the card that you are using to pay with - wouldn't that be treated as a cash advance? It wouldn't be treated as a purchase, right?

As far as I am aware, in my case of payment of a credit card by a credit card, it was not treated as a cash advance. Maybe it is not the norm but in this case, it wasn't treated as a cash advance.

iAMaLONDONER

TheGenerus1 wrote: »

On a couple of occasions, I used my Capital One credit card to make a payment to my creation credit card (not really advisable paying a credit card with a credit card though). The payment registered on my Cap One statement as mail\phone order and counted towards my purchases, no cash advance was triggered when I made this payment.

This was Cap One so not sure how other credit card companies handle this. I pretty sure I made a payment via my Vanquis as well (to my Creation card) and no cash advance was triggered.

DunPin wrote: »

As far as I am aware, in my case of payment of a credit card by a credit card, it was not treated as a cash advance. Maybe it is not the norm but in this case, it wasn't treated as a cash advance.

This is very good to hear

Potentially it might be a way to get a balance transfer without the fee (effectively)!

pqrdef

iAMaLONDONER wrote: »

Potentially it might be a way to get a balance transfer without the fee (effectively)!

I expect they'll now close this loophole inside a week. The curse of MSE strrikes again.

guesswho2000

The_Boss wrote: »

You can balance transfer but it doesn't count against the monthly minimum repayment.

Not relevant to the OPs question, but for clarity, a balance transfer does count towards the minimum payment on the card which receives it. It's a payment, like any other - only refunds don't count (unless the refund clears the full balance).

guesswho2000

pqrdef wrote: »

I expect they'll now close this loophole inside a week. The curse of MSE strrikes again.

This has (with Creation, anyway) been documented on here a number of times before. God knows why they accept it, as one would assume they have to pay a 2-3% fee to accept credit card payments, like any retailer would...

iAMaLONDONER

pqrdef wrote: »

I expect they'll now close this loophole inside a week. The curse of MSE strrikes again.

Well I won't be eligible for Creation's cashback card for 6 years + so it'll probably be gone by then

chazzie83

I've just applied for the AMEX CC with 5% cashback in first 3 months and was going to pay my Natwest CC off with it to get the cashback as i have the money sat in a savings account to pay the card off in full so i'm hoping it works.

iAMaLONDONER

chazzie83 wrote: »

I've just applied for the AMEX CC with 5% cashback in first 3 months and was going to pay my Natwest CC off with it to get the cashback as i have the money sat in a savings account to pay the card off in full so i'm hoping it works.

Please keep me posted!

guesswho2000

chazzie83 wrote: »

I've just applied for the AMEX CC with 5% cashback in first 3 months and was going to pay my Natwest CC off with it to get the cashback as i have the money sat in a savings account to pay the card off in full so i'm hoping it works.

It definitely won't work.

chattychappy

guesswho2000 wrote: »

Not relevant to the OPs question, but for clarity, a balance transfer does count towards the minimum payment on the card which receives it. It's a payment, like any other - only refunds don't count (unless the refund clears the full balance).

Correct. I went for about 6 months using BTs to keep the plates spinning!