Yes, you can pay your credit card bill with another card but you need it to utilize balance transfers, cash advances, and e-wallet.
By CROX Times Desk: A Credit Card is a plastic money that lets you buy your desired things even if you don’t have money. This enables you to buy costly things even if you don’t have sufficient balance in your account. The best perk of a credit card is it works a helping hand in your emergency. But purchasing from a credit card means that you need to pay credit on time so that you would not face heavy penalties in the form of heavy interest and late fee payment charges. But you need to have a sufficient balance in your account to pay your credit card bill but one thing that strikes most of our minds is whether it is possible to pay one credit card using another credit card.
How do you pay one credit card dues using another credit card?
Most credit card issuers don’t offer the facility of clearing your credit card bill with the help of another credit card. However, some issuers allow the same, and you can pay through these 3 methods.
Credit Card Payment Via Balance Transfer
In this type of method, you can transfer the outstanding amount of your credit card to another credit card with a higher limit or lower interest rate. It can give you extra- up to six months- to pay bills at some extra balance transfer fee.
Credit Card Payment through cash
In this option, you use your credit card to withdraw cash from another ATM (Automated Teller Machine).
Deposit the same amount in your account and then pay your credit card bill online. But this is the riskiest way since withdrawing money from the credit card will incur a higher interest rate and may cost you dearly in the long term.
Credit Card Payment e-wallet
In this method, you can transfer an amount from your credit to an e-wallet or your bank account. Platforms that allow this type of transfer usually charge a fee of 2 percent.
Conclusion
Thus, these are some easy methods to bill your other credit card dues. These are convenient ways to pay your credit card dues however, you need to pay some extra charges that may put a burden to you.
