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| Name | Can you pay credit card bill with another credit card? |
| Video Uploader | Video From Slava - Money |
| Upload Date | This Video Uploaded At 22-09-2021 07:00:11 |
| Video Discription | Yes, you can make credit card bill payments with another credit card. The trick is called balance transfer. If you’re carrying a high balance on a high-interest credit card it may make sense to make the balance transfer. Balance transfers allow you to take the balances on your existing cards and transfer them to another credit card. Some credit cards offer a 0% introductory APR on balance transfers for a promotional period. So you can reduce the amount of interest charges on the balance and make it easier to pay off the debt. But don’t be misled by the 0%. Making credit card bill payment by another credit card is not a free ticket. The balance transfer will always cost you a 3% fee of the amount of transfer. However you must dramatically reduce your spending and pay off the credit card balance within the promotional period. Otherwise balance transfer makes no sense. |
| Category | Entertainment |
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