View Single Post
Old 03-05-2023, 05:38 PM   #30 (permalink)
Not Doug
Xist's Avatar
Join Date: Jun 2012
Location: Show Low, AZ
Posts: 12,010

Chorizo - '00 Honda Civic HX, baby! :D
90 day: 35.35 mpg (US)

Mid-Life Crisis Fighter - '99 Honda Accord LX
90 day: 34.2 mpg (US)

Gramps - '04 Toyota Camry LE
90 day: 35.39 mpg (US)

Don't hit me bro - '05 Toyota Camry LE
90 day: 34.37 mpg (US)
Thanks: 7,193
Thanked 2,189 Times in 1,682 Posts
Originally Posted by JSH View Post
No, you cannot pay a credit card bill with another credit card in the USA. You can sometimes do a balance transfer where you do pay off a card with another in one lump sum but those do not earn rewards on the transfer - instead they charge a fee. Usually from about 3 - 5%.

I do know people that use these types of cards that have 0% introduction rates. They take out $10,000 on a 0% card and then when that trial period ends they transfer the balance to another 0% card. It is way cheaper paying the normal 15% -30% credit cards charge but if I wanted a loan I would just take out a loan from my bank.

The 60 month used car loan for my Chevy Bolt was 2.25%
I swear that I recently heard of a credit card that gave you some kind of a bonus for transferring a balance, but I couldn't find anything just now.

I got a credit card with zero balance transfers when I moved to Page, planning on putting together enough money for something that earned a decent amount of interest.

That was 5 years ago and I have much more money now than I did when I moved and paid off my credit card.

I still don't know what to do with it.

Buy a new car even though nobody has told me to in days?
"Oh if you use math, reason, and logic you will be hated."--OilPan4
  Reply With Quote