Pay A CC Bill with A CC

[motec bb]

I'm sure this question has been asked a thousand times, but...

"Is there a legal way to pay a credit card bill with a different credit card?"

[Z56]

I'm sure this question has been asked a thousand times, but...

"Is there a legal way to pay a credit card bill with a different credit card?"

And what is the illegal way 😜

[lubaby]

I'm sure this question has been asked a thousand times, but...

"Is there a legal way to pay a credit card bill with a different credit card?"

Balance Transfer. Lots of cards give you that option.

[motec bb]

How is that done?

[Z56]

Balance Transfer. Lots of cards give you that option.

You're not paying the bill, you are just transferring your balance to another card

[lubaby]

You're not paying the bill, you are just transferring your balance to another card

Which give you more time to pay it. Couple that with 0% APR on balance transfer (first year?) and you can have a good short term solution.

Of course you're not paying the bill. A credit card is not your checking account / cash. You're just borrowing from B to pay back A (and then C to B etc.).

[Amcha yisroel]

You're not paying the bill, you are just transferring your balance to another card

and if you pay with a cc your also only transfering your balance and aren't paying...?!

[ranhan429]

Balance Transfer. Lots of cards give you that option.

I assume the "point" the OP was getting at was to get points...

[ckmk47]

BALANCE TRANSFERS HAVE FEES!
Often 3% of the balance being transferred!


This is a favorite idea.
Blubird and it's cousins: Redcard, Serve
but they've been changed over time.
Read a bit, but Serve is the most up to date version.

[Iz]

BALANCE TRANSFERS USUALLY HAVE FEES!
Often 3% of the balance being transferred!

FTFY

[motec bb]

My point was to spend the required signup bonus requirements, by paying off a diff credit card bill....

[lubaby]

My point was to spend the required signup bonus requirements, by paying off a diff credit card bill....

Yea that won't work unless you do:

This is a favorite idea.
Blubird and it's cousins: Redcard, Serve
but they've been changed over time.
Read a bit, but Serve is the most up to date version.

[motec bb]

What about using Square? (Assuming I'm not paying transaction fees...) is that legal?

[lubaby]

What about using Square? (Assuming I'm not paying transaction fees...) is that legal?

If they catch on, they can freeze your funds and shut you down (it's probably against the T&C's).

[motec bb]

If they catch on, they can freeze your funds and shut you down (it's probably against the T&C's).

Ok, but if someone else bills me, and then gives me the money, that would be fine?

[Emkay]

BALANCE TRANSFERS HAVE FEES!

Not always.

[ckmk47]

Ok, but if someone else bills me, and then gives me the money, that would be fine?

It would work.

BALANCE TRANSFERS HAVE FEES!
Often 3% of the balance being transferred!

I know not always.  I was emphasizing to look out for the fee structure.
Some have it completely waved, often a discount for a limited time.

[Tuna Baygel]

If your paying 3% might as well just send someone a Paypal payment and gain points

[myi]

If your paying 3% might as well just send someone a Paypal payment and gain points

#1 it is cheaper rates with square and getting the same points from square as you would with paypal,(besides for paypal being more on the riskier side.)