Monday, December 12, 2011

How can I use a pre-paid visa debit card for my mastercard bill?

I received a pre-paid Visa debit card, but the best use I can get out of it is to put it toward my Chase mastercard bill. However, on the Chase website I can only see spots to link checking accounts to pay off the bills, no other options. Is this doable?|||It would be bad judgment and may be considered that you are using too much credit if you fall to the point of trying to pay a credit card with a credit card. It would cost you more because it would be considered a "cash advance", so there would be a cash advance fee in addition to interest from time of transaction. So it would just cost you more money with no benefit (unless just temporarily out of cash, a sign that you are living beyond your means). It is about one step away from payday loans.|||Sorry... not doable.





Simply because you can't pay off a credit card with another credit card of any kind, even a prepaid one.


(not to get confused here.... a balance transfer between credit cards is done using the credit card checks provided for this purpose... because the option to use a credit card is not available.|||No

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