Large bill to pay and cash ready - should I open a new reward credit card to pay it?

j_e_e

As per the title, I have a bill in the region of £30k to pay in a couple of months for which I have the cash ready. I can pay once or as a number of smaller payments.  I wondered if I should open a rewards credit card and pay via that to get say Avios or something similar. 

Would that even work?

[Deleted User]

It will work if you can pay the bill by your chosen credit card and it's treated as a purchase.

cymruchris

What product or service (roughly) is the bill for? If the card provider treats it as a 'purchase' then yes it'll work - if they treat it as a 'cash transaction' - then it might not. If you're unsure which category it would fall in, you might need to speak to your chosen provider to be sure it gets classed as a purchase.

Vortigern

Also consider the Chase current account for 1% cashback.
Check your intended purchase against their list of exclusions.

pjread

Also worth considering whether it's something the s75 protection would be useful for, even without reward points/cashback.  But yes, in general it should work unless it's considered a cash transaction or something 'excluded' by the card T&Cs. 

All else being equal, I'd use a credit card, either for the full value or at least a portion of it.

dcfc67

Do you research on reward cards (section on MSE).
if you plan on travelling an Amex card would probably be best as you get a companion ticket on a spend of 10K. Also don't forget the 2 free lounge passes and discounts on future visits.

Only issue you may have is your credit limit.
I tend to pay of a large purchase as soon as i've made the transaction where possible.

If you don't want AMEX look at a Mastercard where you earn Avios