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Zero pc purchases / bills
JohnsonsDreadlock
Posts: 9 Forumite
in Credit cards
I've got a 0% purchases credit card and a loan running. Is there any technical reason why I can't pay my council tax bill on my credit card then pay the equivalent onto the loan to reduce term / interest. Is this still a "purchase"?
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Comments
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Does your council accept credit cards for council tax? If they do, you'll need to check how it's processed, whether as purchase or cash.0
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They do accept credit cards but the liklihood of getting an answer to your second question is pretty slim given my recent experience with them0
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Pay it once and see how it shows on your CC bill.. One payment will not be a lot of interest if taken as a cash payment.Life in the slow lane1
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This works for me.
I have a 0% card that I have used to get a new bedroom fitted out. I then also used it to pay my council tax for the year and I now pay my monthly council tax amount to my credit card, meaning the bedroom purchase is 0% and no repayments until next year, when a savings account will mature to clear it all.
It may depend by card and by local authority but for me it was definitely a purchase. No fees and 0%.
Authority is Huntingdonshire and the card is M&S. Also got a spare bra for my wife with the M&S points the council tax purchase generated!0 -
The OP would be advised upfront.Deleted_User said:Does your council accept credit cards for council tax? If they do, you'll need to check how it's processed, whether as purchase or cash.
The Council will be charged the same merchant fees for debit cards, so the they would charge for both or neither. From a practical standpoint, the reputational damage of hidden cash advance fees would prohibit the Council anyway.0 -
Deleted User said:Deleted_User said:Does your council accept credit cards for council tax? If they do, you'll need to check how it's processed, whether as purchase or cash.
The Council will be charged the same merchant fees for debit cards
Wrong. Whilst it's true that any merchant gets charged a fee for accepting a debit card, it's much less than what they get charged for accepting a credit card. That's why a lot of very small businesses (as well as lots of car dealerships) will accept debit but not credit cards.
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This made me laugh sorry :-:smile:Stuart_W said:This works for me.
Also got a spare bra for my wife with the M&S points the council tax purchase generated!I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert. Please complete an SOA if you are looking for debt advice. Link here - https://lemonfool.co.uk/financecalculators/soa.php
Baby Step 6/7 . £20000 + saved and invested. £47,000 deposit paid on new home CONSUMER DEBT FREE !!!0
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