Pay One Credit Card with Another? Watch Out for Hidden Costs & Credit Score Risks!

• Paying one credit card with another isn't direct; it involves balance transfers, credit card loans, or third-party platforms.
• Balance transfer is often the cleanest option, offering promotional low/zero interest rates for a limited period, but requires discipline.
• Card-to-wallet/bank transfers allow payment via loaded funds, incurring 1-3% processing fees; use only if cheaper than interest.
• Carefully monitor processing fees, GST, interest rates, and repayment timelines to avoid higher costs than expected.
• Always pay on time to protect your credit score; use this method as a temporary fix, not a long-term financial habit.

Why It Matters: Using one credit card to pay another can be a temporary fix, but requires careful planning to avoid fees and protect your credit score.