How to pay credit card bill from another credit card

Credit cards have now become a mainstay in our daily lives. But when it comes to paying back the credit card bills, how you pay it can be an important factor. While ideally, most people use their debit cards or UPI apps to pay their credit card bills. But what if you used a credit card to pay the bill for another credit card? Would that be a viable option? Or is it risky?

In this blog, we will give you the definitive guide on how to pay credit card bills with another credit card and whether it is a safe practice or not. 

How to Pay Credit Card Bill Using Another Credit Card

Firstly, it’s critical to understand that you generally cannot pay a credit card bill directly with another credit card as you would with a bank transfer or cash payment. Instead, there are a few indirect methods:

1. Balance Transfer: This is the most common method where you transfer the balance from one credit card to another, usually benefiting from a lower interest rate on the new card. This is ideal for consolidating debt or saving on high interest charges.
2. Cash Advance: Using one credit card to take out cash, which you then use to pay another credit card bill. This method often incurs high fees and interest rates, which accumulate immediately without a grace period.
3. Payment Services: Some payment platforms allow you to use a credit card to fund payments indirectly. These services can sometimes include fees, so it’s important to check the terms carefully.

Read more: How to increase your credit card limit?

How to Pay Credit Card Bill Through Credit Card Without Charges

Avoiding additional charges while paying a credit card bill with another can be challenging. Here are a few tips:

– Look for Promotions: Some credit cards offer zero fees on balance transfers for a specific period. Using such offers can minimize or eliminate extra costs.

– Prefer Low-Interest Cards for Cash Advances: If you must use a cash advance, choose a card with the lowest possible cash advance fees and interest rates.

– Pay Promptly: If you use a cash advance, pay it off as quickly as possible to avoid accruing high interest.

Basically, you cannot use a credit card to pay the bill for another credit card. This method of payment is simply not accepted, and hence unusable. If you are facing issues with credit card bill payment, then we have some tips for you.

Read more: Secured credit card – meaning and how does it work?

How to pay credit card bill smartly?

Paying off credit card bills smartly is crucial to managing your finances effectively, avoiding unnecessary interest, and maintaining a good credit score. Here are some strategies to consider:

Pay More Than the Minimum

Paying only the minimum due each month can extend your debt repayment for years and accumulate a significant amount in interest. Paying more than the minimum, even a little extra, can significantly reduce both the interest cost and the repayment period.

Set Up Automatic Payments

Automating your credit card payments can ensure you never miss a due date, which helps avoid late fees and potential damage to your credit score. Set the automatic payment for at least the minimum payment, though paying the full balance is ideal.

Use Payment Reminders

If you’re not keen on automatic payments, setting up payment reminders through your bank’s app or your personal calendar can keep you on track and help avoid late fees.

Take Advantage of Grace Periods

Understand your card’s grace period, which is the time between the end of your billing cycle and the due date. By paying your bill in full during this period, you can avoid paying any interest on your purchases.

Read more: Best credit cards for beginners in India

Prioritize High-Interest Cards

If you have multiple cards, focus on paying off the card with the highest interest rate first (often known as the avalanche method). This approach reduces the amount you pay in interest faster than targeting cards with smaller balances (snowball method).

Monitor Your Spending

Regularly review your spending habits and adjust them to ensure you can always pay more than the minimum due each month. Consider using budgeting tools or apps to keep your spending in check.

Therefore, you cannot use a credit card to pay the bill for another credit card. But if you are looking for a credit card that offers you all the features and minimises hassle whilst helping you save each day, choose the Airtel Axis Bank Credit Card from Airtel Finance. Get loads of rewards, cashback offers, lounge benefits, discounts and more.