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How do you use credit cards

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chwebb1
Established Contributor

Re: How do you use credit cards


@FastForward wrote:

@longtimelurker wrote:

@Networth wrote:

Some Bank's may view someone paying your mortage(a loan/debt) with another loan(credit card) as desperation and a sign of financial difficulty or strain. Honestly if I could find a cost effective way to do it I would pay everything, including my auto loan(s) with a CC. I know Amex offer's this service but it is for very specfic dealers whom they have a contract with. 


If you can buy  VR (or at a pinch gift cards) with credit cards, that is a fairly cost effective way, depending on the card and how you value the rewards.


I've been wondering -- would a CCC consider using VR's & Bluebird to pay ongoing monthly bills like your mortgage, car, etc. as MS (which I've read you may get AA for)?  I would think not, but this question has crossed my mind.


It is absolutely MS by the very definition of MS... but done in moderation, it's fine.

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