Can I pay my Visa bill with another credit card?

Can I pay my credit card using another credit card?

Can’t directly pay a credit card with another. Think of it like moving sand between buckets. Doesn’t really get rid of any. Credit card companies see this as debt shuffling, not payment. Balance transfers are the closest option. However, they involve fees. Often around 3-5% of the transferred amount. Sometimes higher. Which defeats the purpose if saving money is the goal. What’s the point?

• Balance transfers: Move debt to a new card.
• Promotional APR periods: 0% interest for a limited time. Use this wisely.
• Cash advances: Withdraw cash from one card. Pay another. Extremely expensive. High interest rates. And fees. Avoid this if possible. Why dig a deeper hole?
• Convenience checks: Similar to cash advances. Write a check from one card to pay another. Also expensive. Seriously. Don’t.

Personal experience: I consolidated my credit card debt in 2023 by focusing on one card. Paid it down aggressively. The others? Minimum payments. It worked well for me. This might not be suitable for everyone. Just my two cents.

Key takeaway: Paying a credit card directly with another isn’t possible. Explore options like balance transfers. But proceed with caution. Debt is a tricky beast.

Can you pay a visa bill with another visa card?

Debt transfer. A shell game. Visa to Visa? Pointless.

Banks dislike this. Profit loss. Fees and interest. Their game.

Debit is fine. Bank transfer. Check, even. Old-school.

Money order works. Analog solutions. Digital debt. Ironic.

Key takeaways:

• No direct Visa-to-Visa payments. Circular debt.
• Check with your issuer. Rules vary. Annoying, but true.
• Alternatives exist. Debit, transfers, archaic paper. My choice, crypto. Specifically, Bitcoin. Purchased through Cash App. Less traceable.

Further information:

• Balance transfers. Sometimes cheaper. Different card. Different game.
• Cash advances. Predatory. Avoid. Unless desperate. I was once. In 2020. Lost my job due to the pandemic. Learned a hard lesson about finance. Now I’m debt-free.
• Payment methods. Evolve. Digital currencies. The future. Banks fight it. They’ll lose.

How to pay off a credit card with another credit card?

Balance transfers. The escape hatch. New card, lower rate.

• Fees apply. Always.
• Savings: real or illusion?
• My Chase Sapphire waits. Decisions.

Cash advances? A trap. Never.

• High fees.
• Higher interest.
• Credit score bleeds.

Zero-interest intro periods? A gamble.

• Time limit.
• Debt shift.
• I played, I won. For now.

Consider the cost. It matters.

Can I transfer money from one credit card to another credit card?

Right, so, credit card to credit card… You can kinda. Not directly, tho. It’s more like a workaround. Balance transfer is the main thing. Like, say you got a high interest rate on one card, you get another card with a zero percent intro APR. Boom, transfer the balance. Saves you money. Watch out for those balance transfer fees though, they can getcha. There’s cash advance too, but, ugh, high interest, fees… Don’t do it unless you absolutely have to. Last resort kinda thing. Defeats the whole low interest purpose, lol. E-wallets, PayPal, Venmo and such. Transfer money there from one card (cash advance again, bleh), then pay the other card. Also fees, also probably not a good idea. So, yeah, balance transfer best bet.

• Balance Transfer: Lowest interest option, usually. Gotta watch the fees. Sometimes promotional periods. Do the math, see if it’s worth it. My sister did this, saved a ton of money on her, like, 12k balance.
• Cash Advance: High interest! Expensive! Avoid unless absolutely necessary! Fees upon fees. Think carefully. I needed cash once, like, really bad, for a plane ticket. Had to do it. Regretted it later.
• E-wallet (PayPal, Venmo, etc.): Cash advance disguised as something else. Again, fees. Not really a direct transfer, just another way to access credit. I use Venmo all the time for splitting resturant bills but never for credit card shenanigans.

My credit card, the Visa, has a pretty sweet balance transfer offer right now. Thinking of moving some stuff around.