January 28, 2025
Paying one credit card bill with another might sound like a clever hack—but it’s not as straightforward as it seems. While direct payments aren’t allowed, there are indirect methods that can help you manage your dues.
1. Balance Transfer: Shift the Load
A balance transfer lets you move your outstanding dues from one card to another—usually with a lower interest rate. You’ll need to share details like your current card’s balance, issuer, and account number with the new provider. Once approved, the new card issuer pays off your old debt, and you repay them instead.
2. Personal Loan: A Strategic Reset
If your credit card debt is piling up, a personal loan can offer relief. These loans often come with lower interest rates and fixed repayment terms. But beware: if overspending is the root issue, loans might only delay the problem. Without discipline, you could end up in a debt spiral.
3. Digital Wallets: A Workaround
Some users try using digital wallets to route payments. These platforms let you add funds via one card and use them to pay another. While convenient, this method isn’t officially supported by most issuers—and it shouldn’t become a habit. The risk of high-interest debt still looms.
Final Thought: While paying one credit card bill with another might seem tempting—especially for rewards or convenience—it’s not a long-term solution. Explore these alternatives wisely, and always weigh the pros and cons before making a move.
