Credithopping with two card?

[Anonymous]

Hey,

I just recently got into the world of credit cards and everything surrounding them. One thing that caught my attention was credithopping.

I have now read a little bit about it, and one thing crossed my mind: Are you able to credithop with two credit cards?

Alright, so let's assume I have two cards, one American Express and a Supreme Card.

Between jan and feb, I spend 500$ on my Amex.

I then recieve the bill and now have a few days of paying the bill, interest-free of course. 

I then pay this bill of 500$ with my Supreme Card. The bill from amex is now paid, and I get a new bill from Supreme Card instead.

So, when the bill arrives from Supreme Card, I pay this one with my Amex.

Thus, repeating the whole process all over again.

This means I have now "borrowed" 500$ interest-free, where I do not really pay the money back until I have stopped the credithopping?

The reason why I chose Amex and Supreme Card is only for example purposes. If their terms does not allow this and other credit card does, please then let me know.

So, is this doable?

[SBR249]

No, I don't know of any company that will let you pay your bill with a credit card. In fact, very few will even let you pay with a debit card or prepaid card and that's basically equivalent to cash. 

[Anonymous]

Supreme Card? Are you in the US?

I've heard of people hopping between BT's each year (not that it's a great idea), but not on a monthly basis because they simply don't accept CC as a CC payment.

[FinStar]

Instead of "credit hopping" perpetually why not just pay the bill 😁

[UpperNwGuy]

Can't be done.  Don't waste your time thinking up ways to cheat the banks.  The banks are smarter than you are and will block you from doing that.

[Anonymous]

If they let you do it at all they'll likely treat it as a balance transfer or cash advance with added fees + interest with no grace period.  In short, it won't work.

[Anonymous]

Even if it were possible AMEX would shut you down very quickly. They have policies against MS, and would notice the same $500 reoccuring fee.

[Anonymous]

Imagine the amount of cash back if we can pay credit card debts with credit cards!

[MrDisco99]

The golden rule of maximizing credit card benefits is to pay your bill. If you can’t do that then you’re better off sticking to cash/debit for everything.

[NRB525]

OP welcome to the forums. 

I am interested to know where you picked up the term “credit hopping”. 

As as noted by others, it will not be posssible in the sequence you mentioned.