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Credit card paid off immediately so I can use again?

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Comments

  • redux
    redux Posts: 23,168
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    I don't think cashback of £5 per £1000 (about the best around nowadays) is going to significantly enhance the bargain on the car, and as already suggested above I think you'd break the dealer's patience.

    If you really fancy your haggling skills you might even manage to get a couple of extra quid off for not messing about like this, and doing faster payments bank transfer for most of the purchase.
  • fifeken
    fifeken Posts: 2,775
    Part of the Furniture 1,000 Posts Name Dropper
    Forumite
    !!! wrote: »
    I don’t think they do “temporary raises”
    Temporary (and emergency) raises are (were?) allowed by the general credit card guidelines, although individual banks may restrict their use.
  • mark55man
    mark55man Posts: 8,221
    Part of the Furniture 1,000 Posts Name Dropper
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    I think you would be better haggling with the dealer as a cash in hand buyer (even if it is loan cash). I wouldn't be wanting to deal like you suggest - I have no idea what it owuld do to your section 75 rights and as above may well flag you for fraud which I don't know bt can't believe would make you card more likely to be blocked again

    Let us know how it works out / what you decide.
    I think I saw you in an ice cream parlour
    Drinking milk shakes, cold and long
    Smiling and waving and looking so fine
  • ViolaLass
    ViolaLass Posts: 5,764 Forumite
    Robin9 wrote: »
    So you're intending to go to the dealer one morning and pay (say) £3000 on your CC - go home - pay this off from the loan - go back to the dealer pay another CC - go home ----repeat ---- repeat
    repeat
    repeat ?


    I think the dealer will tell you (in a nice way) to take a running jump

    The internet can be accessed away from homes now.
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