Lightstream Auto Loan CC payments possible?

[elixerin]

title

[AllZero]

Confused. 😕

[elixerin]

hey was asking if its possible to pay a lightstream auto monthly payment with a credit card

[MitchDeerfield]

You can pay using a credit card by using plastiq.com.  They charge 2.5% service fee, but many credit cards pay 1.5 to 2.0 % cashback on purchases so the net cost is only 0.5 to 1.0%

[Loquat]

As mentioned above, you can use Plastiq but the fee may outweigh the reward. I would only recommend such avenue if one was trying to finish a spend requirement for a sub...shy of that I don't find Plastiq very useful.

[flan]

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@MitchDeerfield wrote:

You can pay using a credit card by using plastiq.com.  They charge 2.5% service fee, but many credit cards pay 1.5 to 2.0 % cashback on purchases so the net cost is only 0.5 to 1.0%

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LIghtstream also have an interest rate premium for accounts that are not set to autopay via ACH.  (I forget if it's 25 or 50 basis points).  If you can't afford to pay your car loan from your bank account, you can't afford the loan. 

[elixerin]

0 apr bonus and 5% back... to me it sounds like the smarter thing to do