Can you use one credit card to pay off another

Can You Pay a Credit Card With a Credit Card?

can you use one credit card to pay off another

How To Pay Off Your iammrfoster.comh Your Credit Line!

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We all go through rough financial patches. Sometimes, paying the bills can seem like a struggle that never ends. Even making a minimum payment on your credit card can be difficult. While this is something that can be done, you should be careful to understand how it works before you proceed. Make sure you are aware of the costs involved. And understand there are consequences if you merely move debt around rather than actually paying it off.

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We all run short on cash from time-to-time. The answer is yes, but there might be a better alternative. Take a look at the details below for more information. Keep in mind, though, that both of these approaches carry significant costs. As a result, using these methods to make a credit card payment should be considered a last resort.

If you are trying to pay down the balance on a credit card, an offer of lower or even no interest on a balance transfer to another credit card account can be very tempting. While you can use a balance transfer to pay off one credit card with another and save money on interest, there are a few things you should consider before deciding whether it is the best option for you:. The first, and probably the most important, is how much the balance transfer will cost upfront. Many balance transfer offers charge a certain percentage of the amount to be transferred in order to complete the transaction. That amount will be automatically added to your balance, so you should deduct that amount from the amount you are hoping to save over time by transferring the debt.

Credit Card Help Advertiser Disclosure. Want to reduce the amount of interest you're paying? Consider a balance transfer card. The editorial content below is based solely on the objective assessment of our writers and is not driven by advertising dollars. However, we may receive compensation when you click on links to products from our partners. Learn more about our advertising policy. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

Credit Advice

There are a lot of things you can do, like eat sushi from the petrol station or go on a walk by yourself at night, but the better question is should you? A cash advance, as you might have suspected, is cold hard cash issued through your credit card provider either at your local branch, ATM or super market., By paying off one credit card with another one, you can avoid paying anything out of pocket for an entire month. Does it get any better than that?

Can I Use One Credit Card to Pay Off Another? 3 Ways to Get It Done

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started! Question By janellec I'm not actually doing any balance transfers. For example.


Can you pay a credit card with a credit card?






  1. Billy A. says:

  2. Gaby R. says:

    Can I Use One Credit Card to Pay Off Another? 3 Ways to Get It Done | SuperMoney!

  3. Gilles L. says:

    In some cases, moving a credit card balance onto another card known as a balance transfer makes good financial sense, because it can simplify your payments and may help you save on interest charges.

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