Can i use a spending credit card to pay off a car loan?

pochisoldi

The first hurdle is "Does the loan company accept credit cards?"
If the answer is yes (which it usually is, especially for subprime lenders), then....

I've managed to pay down varying amounts on a Natwest mortgage using:
- Barclaycard
- Natwest credit
- Halifax credit
- TSB credit (that's "new" TSB)
- Chase debit card.

With the exception of Chase, all transactions were treated as normal purchases, with cashback/0%/interest free when statement balance cleared all honoured.
Chase simply didn't pay the 1% cashback they were offering at the time.

The impression I have is that there's a two step thing:
Step 1: What's the MCC used by the merchant
Step 2: How does the card provider treat that MCC.
Some MCCs will always be treated as a cash advance
Some MCCs will never be treated as cash advance/cash like transaction

Some card providers work on an exception basis - "everything except these categories is a normal purchase"
All my credit card providers seem to do this

Other card providers work on an inclusion basis (even when they give the impression that they work on an exception basis).
Chase UK (until they crippled their cashbank into uselessness) worked on an inclusion basis (even through they had a "list of exceptions"). Since their recent change they definitely work on the "inclusion basis".

Similar thing happened with other cashback type deals
Nationwide had their 10% cashback on supermarket purchases. Sainsburys/Tescos/Asda all used a "Groceries/Supermarket" MCC, but IIRC Home Bargains used a "Discount Store" MCC, so no cashback.