Typically paying direct monthly credit card bills using other credit cards is not allowed. A balance transfer to another credit card is an option. However, in Singapore, banks allow to pay credit card bills using other credit cards. For example, with DBS/ POSB credit cards, you’ll have to select Pay other credit cards.
Can I use another credit card to pay credit card bill?
Most credit card issuers don’t allow their customers to simply enter another credit card’s number to pay their bill. Therefore, these are indirect ways to pay your credit card with another card. Cash Advances. You can use your credit card to take out money at an ATM, which you can then use to pay your credit card bill.
How can I pay my credit card bill with a credit card?
There are 3 methods by which you could use your credit card to pay another credit card’s bill.
- Through Cash. Withdraw money from ATM for the credit card you want to make the payment with. …
- Through e-wallet. …
- Through Balance Transfer. …
- Through Cash. …
- Through e-wallet. …
- Through Balance Transfer.
How do I pay my credit card Singapore?
How can I pay my credit card bill?
- Internet banking. Link your credit card, transaction account or savings account using Internet banking. …
- Autopay. Download and complete an autopayments form to debit funds from a nominated transaction account.
- GIRO. You can pay a credit card using GIRO. …
- At a branch. …
- By post.
Is it bad to pay a credit card with another credit card?
Paying your credit card bill with another credit card in an instant, fee-free way generally isn’t possible. … But there’s at least one way you could potentially use one card to pay off another and come out ahead: You could do a balance transfer, essentially moving debt from one card to another.
Why can’t I pay my credit card with another credit card?
The short answer is no. Credit card companies don’t allow you to make minimum monthly payments, or to pay off an outstanding balance, with another credit card from a different company. Oftentimes, the fees for these types of transactions are too high for the credit card companies to allow it.
Can I pay credit card with debit card?
No, you cannot pay a credit card with a debit card. But you can a pay a credit card with the bank account that a debit card is linked to, by doing an electronic transfer. … You can also set up automatic bill payment, so that on the same date each month, money is withdrawn from your account to pay your credit card bill.
What is the best way to pay credit card bill?
It’s best to pay the statement balance on your credit bill by the due date each month. Doing so will allow you to avoid incurring any interest or fees. You could alternatively pay your current balance, which will be higher than your statement balance, since it includes charges from the current billing cycle.
Can I transfer money from credit card to bank account?
You need to use a mobile wallet to transfer funds from a credit card to your bank account. For such transfers, you can either use the mobile wallet app or their official website. Do note, direct transfer of funds from credit cards to bank account is not possible.
Which bank credit card is best?
Best Credit Cards Based on Top Categories
|Credit Card||Best For|
|HSBC Visa Platinum Credit Card||Travel, Dining, Movies|
|Citi Cashback Card||Cash Back|
|IndusInd Bank Platinum Credit Card||Lifetime Free Card|
|IndianOil Citi Credit Card||Fuel|
How can I pay my credit card bill instantly?
How To Pay Credit Card Bills Through IMPS
- The first step is to download the mobile application of your banking institution. …
- Once you download the mobile application, you have to login to mobile banking using credentials.
- Click the ‘Bank Account’ button. …
- Click the ‘IMPS’ button and choose the ‘Merchant Payment’ button.
How can I pay my credit card automatically?
Autopay is an easy way to pay your credit card bill. You set it up by signing into your account online and authorizing the card company to debit your payment from your bank account on a set date each month.
Which credit card is the best Singapore?
Best Credit Card in Singapore 2021
|Credit Card||Best For||Reward Type|
|HSBC Advance Credit Card||Newlyweds and married couples||Cashback|
|American Express The Platinum Card®||High Net-worth Individuals||Reward Points|
|UOB YOLO Credit Card||Dining and Entertainment||Cashback|
|Standard Chartered Visa Infinite Credit Card||Business Traveler||Miles|
Does paying your credit card off raise your score?
Paying off credit card debt is smart, whether you do it every month or finally finish paying interest after months or years. And as you might expect, it will affect your credit score. If you pay on time and are chipping away at a balance or eliminating it with one big payment, your score will likely go up.
Can I use a credit card to pay rent?
Many landlords refuse to accept credit cards as a method of paying rent. But if you make monthly rent payments to a big property management company or use a third-party service, you might be able to do it. … A landlord normally requires you to pay a credit card processing fee on top of your rent and any other fees.
How can I improve my credit score with a credit card?
Just pay off your credit card bill in full and on time each month, and the card issuer will report your payments to the credit bureaus. By paying in full, you also won’t have to pay interest. Your payment history makes up 35% of your FICO credit score, so this is one of the best things you can do to build your credit.