How to use two credit cards backwards

Stagger the billing dates of the two cards. Two credit cards can repay each other. You can use the limit in the other credit card to withdraw cash from an ATM or over the counter to repay. This is the only formal way to repay a credit card with a credit card. But this comes at a price, namely handling fees and 0.05% daily interest.

Never follow the various online methods of using credit cards to recharge Alipay, online Taobao refunds, and swiping cards to give cash! In addition to ATM and counter cash withdrawals, other methods can be understood as credit card cash out. Cashing out by credit card means withdrawing the money within the limit in cash without paying any handling fees and interest. Cashing out by credit card is illegal. Credit card cash-out itself carries great risks. If the bank discovers malicious cash-out, it may freeze and deactivate the credit card. Serious arbitrage behavior requires legal responsibility and imprisonment. Since February 8, 2012, Alipay has closed the channel for recharging Alipay with credit cards. The reason is that many Alipay users use credit card limits to top up Alipay and then withdraw cash. This is a kind of credit card arbitrage behavior! Since then, many third-party payment platforms on the Internet have also closed credit card recharge channels.

You can transfer the money from your debit card to Alipay to repay the credit card. Currently, the Alipay computer client is free of charge for repaying one's own credit card, and the Alipay mobile client is free of charge for repaying one's own credit card and other people's credit cards.