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

jo-bo

I have paid my creation cashback credit card with my aqua 3% cashback card to maximise my cashback. It gets treated as a purchase and I've never received any fees.

newbee007

Regarding main question. There is an option to pay cc with other cc without any fees and interests. All you need is a friendly pub landlord or bar steward who can can give you cash at the bar, putting it as sale instead of cashback on PDQ (as far as I know there is even no cashback option for most credit cards). For CC company it looks like purchase.

The_Boss

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).

Happy to stand corrected.

Herbalus

newbee007 wrote: »

Regarding main question. There is an option to pay cc with other cc without any fees and interests. All you need is a friendly pub landlord or bar steward who can can give you cash at the bar, putting it as sale instead of cashback on PDQ (as far as I know there is even no cashback option for most credit cards). For CC company it looks like purchase.

You mean a friendly pub landlord who will pay a credit card company the 2-3% it costs to process a CC payment, and not get any money from you?

iAMaLONDONER

newbee007 wrote: »

Regarding main question. There is an option to pay cc with other cc without any fees and interests. All you need is a friendly pub landlord or bar steward who can can give you cash at the bar, putting it as sale instead of cashback on PDQ (as far as I know there is even no cashback option for most credit cards). For CC company it looks like purchase.

That sounds interesting but as the other poster says , they would lose 2-3% through fees they would have to be very friendly!

chazzie83

jo-bo wrote: »

I have paid my creation cashback credit card with my aqua 3% cashback card to maximise my cashback. It gets treated as a purchase and I've never received any fees.

How often have you done it?

eddddy

iAMaLONDONER wrote: »

That sounds interesting but as the other poster says , they would lose 2-3% through fees they would have to be very friendly!

I've known pub landlords to do this as well. My assumption is that the reasons are as follows:

- The Landlord gives, say, £30 cashback with the first round and then takes some/most/all the cash back again for further rounds. It's easier than running a tab, or taking a CC payment for each round.

- There's less cash handling (less cash to count, fewer trips to the bank)

- Punters like getting cashback on their CC, so they visit the pub more regularly!!!

iAMaLONDONER

eddddy wrote: »

I've known pub landlords to do this as well. My assumption is that the reasons are as follows:

- The Landlord gives, say, £30 cashback with the first round and then takes some/most/all the cash back again for further rounds. It's easier than running a tab, or taking a CC payment for each round.

- There's less cash handling (less cash to count, fewer trips to the bank)

- Punters like getting cashback on their CC, so they visit the pub more regularly!!!

That makes sense

Though I don't go to pubs, if say Burger King or banks did that I'd be happy!

newbee007

eddddy wrote: »

I've known pub landlords to do this as well. My assumption is that the reasons are as follows:

- The Landlord gives, say, £30 cashback with the first round and then takes some/most/all the cash back again for further rounds. It's easier than running a tab, or taking a CC payment for each round.

- There's less cash handling (less cash to count, fewer trips to the bank)

- Punters like getting cashback on their CC, so they visit the pub more regularly!!!

it works exactly like you described.
I used to work in the pub where we simply charged extra 20-30p on the top of our locals CC "cashbacks".

chattychappy

newbee007 wrote: »

it works exactly like you described.
I used to work in the pub where we simply charged extra 20-30p on the top of our locals CC "cashbacks".

And it will almost certainly be a breach of the merchant agreement.

A place I know had her agreement cancelled for doing something like this.