Best debit card for paying down a credit card

GatorCowboyLion · ‎02-27-2024

This is a question specifically about for paying credit card bills so I posted here. What are the most lucrative debit cards for paying off a credit card. I know 1% cards exist, but I'm curious if any of you all have done some research. Thanks!

ptatohed · ‎02-27-2024

I replied in the other thread and you bring up a great point GCL. The ability to add additional CB on any credit payment is huge.

I'm not saying it's the best, I'm just saying it's what I have but I have the upgrade Rewards Checking Plus debit card which gives 1% minimum and 2% on certain categories (with hoops for the 2%). upgrade recently raised their HYSA APR from a respectable 5.07% to an even better 5.21% so it's not a bad place to park money. https://www.upgrade.com/rewards-checking-plus/

We should start a thread listing all cards that accept debit card payment.

I have not yet tried to pay my citi SYW MC with my debit card yet but I will!

Everyday 5% CB:
Chase prime Visa // citi CUSTOM CASH “A” // citi CUSTOM CASH “B” // citi CUSTOM CASH “C” // citi ThankYou (5% gas, lucrative spending offers) // mylowe’s Rewards // Target circle card

Rotating 5% CB:
Chase “OG” freedom Visa // DISCOVER it Cash Back // nusenda CU Platinum Cash Rewards

Everyday 4% CB:
US Bank Smartly (v1.0)

Everyday 3% / 2.2% CB:
AOD FCU Visa Signature (3%, sockdrawered) // upgrade Cash Rewards Elite (2.2%, sockdrawered)

Welcome Offer / credits only:
NFCU FLAGSHIP REWARDS (elevated Welcome Offer, annual prime credit, sockdrawered)

Hotel card:
Chase IHG ONE REWARDS PREMIER (elevated Welcome Offer, 1 free night/yr)

On my radar:
Langely FCU Signature Cash Back (5% CB monthly selectable cat) // Safe CU Cash Back+ (Quarterly rotating 5% CB cats plus bonus cats) // upgrade MyFive Cash Rewards (5% CB monthly selectable cat) // US Bank Kroger (and family) World Elite Master Card(s) (5% CB Mobile Wallet)

GatorCowboyLion · ‎02-29-2024

Very interesting. Thank you @ptatohed! Do you know whether an EFT push from another FI checking account will count as direct deposit? I would say that this has got to be a very strong contender, I have not seen another account that has that good of a debit card with that high of an APR.

ptatohed · ‎02-29-2024

@GatorCowboyLion wrote:
Very interesting. Thank you @ptatohed! Do you know whether an EFT push from another FI checking account will count as direct deposit? I would say that this has got to be a very strong contender, I have not seen another account that has that good of a debit card with that high of an APR.

You know, I just read the fine print again and after 60 days it goes from 1% everyday and 2% in some categories (with direct deposit) to 0.5% and 1%. Bummer. I actually did contact customer support last week to ask your question GCL but I have not heard back. Usually a bank wants direct deposits via employer paycheck (or similar). Sometimes just an ACH will suffice. In the upgrade fine print it just says 'direct deposits' so it could go either way. I'll let you know if they reply.

Everyday 5% CB:
Chase prime Visa // citi CUSTOM CASH “A” // citi CUSTOM CASH “B” // citi CUSTOM CASH “C” // citi ThankYou (5% gas, lucrative spending offers) // mylowe’s Rewards // Target circle card

Rotating 5% CB:
Chase “OG” freedom Visa // DISCOVER it Cash Back // nusenda CU Platinum Cash Rewards

Everyday 4% CB:
US Bank Smartly (v1.0)

Everyday 3% / 2.2% CB:
AOD FCU Visa Signature (3%, sockdrawered) // upgrade Cash Rewards Elite (2.2%, sockdrawered)

Welcome Offer / credits only:
NFCU FLAGSHIP REWARDS (elevated Welcome Offer, annual prime credit, sockdrawered)

Hotel card:
Chase IHG ONE REWARDS PREMIER (elevated Welcome Offer, 1 free night/yr)

On my radar:
Langely FCU Signature Cash Back (5% CB monthly selectable cat) // Safe CU Cash Back+ (Quarterly rotating 5% CB cats plus bonus cats) // upgrade MyFive Cash Rewards (5% CB monthly selectable cat) // US Bank Kroger (and family) World Elite Master Card(s) (5% CB Mobile Wallet)

Wingly · ‎03-01-2024

Affinity Debit card is 1%.
Coinbase debit card (nerfed) used to give 4% in XLM which I converted to cash ASAP.

I am able to pay both of my Citi cards with debit cards through phone.

Has anyone tried paying Citi cards with Visa gift cards?

Anonymous · ‎03-01-2024

@Wingly wrote:
Affinity Debit card is 1%.
Coinbase debit card (nerfed) used to give 4% in XLM which I converted to cash ASAP.

I am able to pay both of my Citi cards with debit cards through phone.
Has anyone tried paying Citi cards with Visa gift cards?

Yes (well, not personally), it's a liquidation method used by some in MS. Seems to have got very problematic with some cards (MC) whereas some Visas work.

Paying Citi cards with debit cards including prepaid debit cards - FlyerTalk Forums

Check near the end as it is a multi-year thread

kremonis · ‎03-02-2024

Finding cash back debit cards are easy. The problem is finding one with uncapped or a cap you can work with and is compatible everywhere.

For examble, the Discoverer cash back debit card is capped at $3000k/month I think and you cannot use it on Paypal bill pay and get cash back.

Anonymous · ‎03-02-2024

@kremonis wrote:

For examble, the Discoverer cash back debit card is capped at $3000k/month I think and you cannot use it on Paypal bill pay and get cash back.

$3000K a month (i.e. $3M) should be more than enough!

Bockrocker · ‎03-02-2024

@Wingly wrote:
I am able to pay both of my Citi cards with debit cards through phone.
Has anyone tried paying Citi cards with Visa gift cards?

Unfortunately it's changing all the time and rarely for the better. Gift cards you can purchase yourself, like Vanilla Visa/SecureSpend MC at Walmart or the $200 BHN cards often on sale at Staples will almost never work for anything interesting. More likely gift cards you get as a reward from stuff like Swagbucks or Topcashback etc ("corporate gift cards") will work for these.

kremonis · ‎03-04-2024

@Anonymous wrote:
@kremonis wrote:

For examble, the Discoverer cash back debit card is capped at $3000k/month I think and you cannot use it on Paypal bill pay and get cash back.
$3000K a month (i.e. $3M) should be more than enough!

@Anonymous

It should have $3000 a month.