Credit Card Bill Payment by Credit Card (Without charges)

[Prince]

Recently, I found out that we can pay our Credit Card bill with Other Credit Card and that too even without any charges.

For doing this trick, below are the points.

1. Payment should be made by Rupay Card Only
2. Credit Card bill should be generated (You can not pay in advance)
3. Go to Airtel Application, Under Pay, Go to Recharge and & Pay Bill
4. Select More, Click Credit Card, fetch your credit card bills by entering details.
   (Bank currently listed for payment are BOB, Canara, Federal, IDBI, Indusind, Kotak and SBI)
5. Select Payment by Cred Application.
6. On Cred select payment by Rupay Credit Card (Link your Rupay Credit Card on Cred before hand)
7. Make the Payment, it will be reflected as Payment to "Airtel

Benefits (Pros)
1. Extra Credit period
2. Earning of Reward points/ cashback as per your Credit Card
3. Benefit of Cashback when clearing the ultimate bill

Disadvantage
1. Increased Credit Utilization
2. Can lead to excess spends
3. Can hamper the Cibil if credit utilization increased

Advice - Use this cautiously and don't fall in debt trap or Excess Spends.

 

[abhimarda]

This is not working anymore

 

[Bharatiya Nagrik]

Recently, I found out that we can pay our Credit Card bill with Other Credit Card and that too even without any charges.

For doing this trick, below are the points.

1. Payment should be made by Rupay Card Only
2. Credit Card bill should be generated (You can not pay in advance)
3. Go to Airtel Application, Under Pay, Go to Recharge and & Pay Bill
4. Select More, Click Credit Card, fetch your credit card bills by entering details.
   (Bank currently listed for payment are BOB, Canara, Federal, IDBI, Indusind, Kotak and SBI)
5. Select Payment by Cred Application.
6. On Cred select payment by Rupay Credit Card (Link your Rupay Credit Card on Cred before hand)
7. Make the Payment, it will be reflected as Payment to "Airtel

Benefits (Pros)
1. Extra Credit period
2. Earning of Reward points/ cashback as per your Credit Card
3. Benefit of Cashback when clearing the ultimate bill

Disadvantage
1. Increased Credit Utilization
2. Can lead to excess spends
3. Can hamper the Cibil if credit utilization increased

Advice - Use this cautiously and don't fall in debt trap or Excess Spends.

Also add one more disadvantage that if caught by bank they could also block the card and ban the customer.
Why keep the debt in open loop, does not make sense to me. Anyways to each their own.

 

[AlertsByVivek]

Not working anymore

 

[hitirfan]

Also add one more disadvantage that if caught by bank they could also block the card and ban the customer.
Why keep the debt in open loop, does not make sense to me. Anyways to each their own.

Some do this to get Reward points

 

[Chaitanyabrahma]

Recently, I found out that we can pay our Credit Card bill with Other Credit Card and that too even without any charges.

For doing this trick, below are the points.

1. Payment should be made by Rupay Card Only
2. Credit Card bill should be generated (You can not pay in advance)
3. Go to Airtel Application, Under Pay, Go to Recharge and & Pay Bill
4. Select More, Click Credit Card, fetch your credit card bills by entering details.
   (Bank currently listed for payment are BOB, Canara, Federal, IDBI, Indusind, Kotak and SBI)
5. Select Payment by Cred Application.
6. On Cred select payment by Rupay Credit Card (Link your Rupay Credit Card on Cred before hand)
7. Make the Payment, it will be reflected as Payment to "Airtel

Benefits (Pros)
1. Extra Credit period
2. Earning of Reward points/ cashback as per your Credit Card
3. Benefit of Cashback when clearing the ultimate bill

Disadvantage
1. Increased Credit Utilization
2. Can lead to excess spends
3. Can hamper the Cibil if credit utilization increased

Advice - Use this cautiously and don't fall in debt trap or Excess Spends.

 

[Chaitanyabrahma]

Recently, I found out that we can pay our Credit Card bill with Other Credit Card and that too even without any charges.

For doing this trick, below are the points.

1. Payment should be made by Rupay Card Only
2. Credit Card bill should be generated (You can not pay in advance)
3. Go to Airtel Application, Under Pay, Go to Recharge and & Pay Bill
4. Select More, Click Credit Card, fetch your credit card bills by entering details.
   (Bank currently listed for payment are BOB, Canara, Federal, IDBI, Indusind, Kotak and SBI)
5. Select Payment by Cred Application.
6. On Cred select payment by Rupay Credit Card (Link your Rupay Credit Card on Cred before hand)
7. Make the Payment, it will be reflected as Payment to "Airtel

Benefits (Pros)
1. Extra Credit period
2. Earning of Reward points/ cashback as per your Credit Card
3. Benefit of Cashback when clearing the ultimate bill

Disadvantage
1. Increased Credit Utilization
2. Can lead to excess spends
3. Can hamper the Cibil if credit utilization increased

Advice - Use this cautiously and don't fall in debt trap or Excess Spends.

Thank you

 

[Skylar]

I hope that financial institutions take decisive action to close the accounts of scammers who engage in such practices and those who promote them.

Unfortunately, these actions contribute to the devaluation of credit cards.

 

[hitirfan]

I hope that financial institutions take decisive action to close the accounts of scammers who engage in such practices and those who promote them.

Unfortunately, these actions contribute to the devaluation of credit cards.

Agreed

 

[Prince]

I hope that financial institutions take decisive action to close the accounts of scammers who engage in such practices and those who promote them.

Unfortunately, these actions contribute to the devaluation of credit cards.

I am not the one who promote these things, but since i found this trick, thought to share if some one found this useful.
Have done this for only test entry and also Quoted "Use this cautiously and don't fall in debt trap or Excess Spends."

So this was in general and not to scam banks or anything.

 

[_rohitsoni]

Arey bhai chup chap karte rehna hota hai aisi cheezein, ab ye bhi band karwa di tumne‍♂ Ab kuch or dhundna padega