Qualifying Purchases

_sidhe_ · ‎08-15-2014

I haven't used my rewards cards much, and I was wondering if paying, say, my car note would be a qualifying purchase for points?

CreditDunce · ‎08-15-2014

Most CC's will not allow you to pay a different loan using the credit card. You could take out a cash advance, but you would probably not earn any rewards. Moreover, the fees would be much more than any rewards you could earn.

There are people who try to get around the rules. It is referred to as manufactured spending. If you CCC thinks your are doing this they can cancel your CC.

Closingracer99 · ‎08-15-2014

@CreditDunce wrote:
Most CC's will not allow you to pay a different loan using the credit card. You could take out a cash advance, but you would probably not earn any rewards. Moreover, the fees would be much more than any rewards you could earn.

There are people who try to get around the rules. It is referred to as manufactured spending. If you CCC thinks your are doing this they can cancel your CC.

Or a FR in Amex's Case

My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740