Pay a Bill with 3 Credit Cards?

JohnSwift10

I am getting some home improvements done and the cost is £9000.
The company accepts credit cards for payment.
The problem is that non of my credit cards have a limit over £4000.
I have a Tesco credit card for the points which I use for everyday shopping and a Santander credit card for spending abroad when on holiday and a Capital One card that I have never used since they stopped the cashback and holiday insurance.
Can I pay using 3 credit cards and will it cause any problems for me or the company.
Or should I just pay  £3000 with my Tesco credit card which I get  points with and usually have a balance of £500 - £1000 which I pay of in full every month and the rest by bank transfer, I have the money in a savings account?

Ebe_Scrooge

Either option would work.  There's usually no problem in splitting a bill over multiple cards (a common scenario when friends go out for a meal and split the bill).  The only downside is if you ever need to make a S75 claim - which card company would honour the claim?

If it's the S75 protection that you're most concerned about, then your second option is fine.  You only need to pay 1p on credit card to benefit from S75, the balance can be paid how you like.

JohnSwift10

I've already paid a deposit on a credit card.

Sandtree

JohnSwift10 said:

Or should I just pay  £3000 with my Tesco credit card which I get  points with and usually have a balance of £500 - £1000 which I pay of in full every month and the rest by bank transfer, I have the money in a savings account?

What are you hoping to achieve by paying by card? If its S75 protection you only need to pay part of it on credit as long as the total is between the limits (which at £9k it is).

If the merchant goes rouge it may be quicker to get your money back by chargebacks and therefore paying it all by card would help but over a long enough timeline it would come back in full by the S75 claim anyway. The merchant will clearly prefer part card part BT as that lowers the fees for them.

eskbanker

Sandtree said:

If the merchant goes rouge....

No, it's OP that'll be going into the red by paying on credit

JohnSwift10

I don't need to pay until after the work is done to my satisfaction, this isn't some dodgy fly by night firm.

J_B

Could you perhaps .....

Pay 3K at a time on your 'most profitable' card, then pay it off immediately, then repeat till done???

Thrugelmir

JohnSwift10 said:

Can I pay using 3 credit cards and will it cause any problems for me or the company.

Pick up the telephone and ask them. No reason why it should. As it's just money to them whatever the source. 

[Deleted User]

Sounds like the OP wants to pay by credit card (and spread the finance over xx months) rather than just paying some for s75 protection and rest by cash.

There should not be a problem as long as your home improvements trader will accept what you are proposing.

When I worked in retail I had skint customers every now and then who would split payment over 2 cards or a mix of card and cash. It happens.

Voyager2002

First move: telephone Tesco and ask them to increase your credit limit. Mention that you never use the Capital One card and ask whether they would give you an increase if you were to close the Cap One account.

Since Tesco gives you points, it makes sense to pay as much as possible using that card. Do so, probably by telephone to the merchant. Then, if you have the money (and do not need credit) pay off your Tesco card immediately and as soon as the payment shows up on your account make another large payment to the merchant using this card. Otherwise, if you need to use credit facilities then pay the merchant the rest of what is due using another card.

[Deleted User]

Voyager2002 said:

First move: telephone Tesco and ask them to increase your credit limit. Mention that you never use the Capital One card and ask whether they would give you an increase if you were to close the Cap One account.

Since Tesco gives you points, it makes sense to pay as much as possible using that card. Do so, probably by telephone to the merchant. Then, if you have the money (and do not need credit) pay off your Tesco card immediately and as soon as the payment shows up on your account make another large payment to the merchant using this card. Otherwise, if you need to use credit facilities then pay the merchant the rest of what is due using another card.

I don't think the OP has the cash to pay for the improvements, rather they want to pay for them with credit.