Credit cards cannot repay each other for the following reasons: First, using one credit card to repay another credit card is actually using bank funds to repay, which means that After occupying the bank's funds for a long time, the cardholder actually did not repay the outstanding amount. Secondly, mutual repayment between credit cards is a very risky method, because if one of the credit cards cannot repay on time, the other credit cards will be affected. If the repayment cannot be made on time, interest and late payment fees will accrue. In the long run, In addition, cardholders will experience compounding interest rates and leave a "bad credit" record with the bank.

Problems with repaying each other's credit cards between two credit cards:

1. If they are from different banks, they have the same credit limit and repayment time;

2. The repayment time of the two cards should be different, that is, card A should be repaid at the beginning of the month, and card B should be repaid at the end of the month, so that there can be an adjustment period of more than 20 days;

3. Try to use two cards The longest interest-free period;

4. Stagger the repayment dates, for example:

Card A starts consumption on the 3rd, for example, consumption on March 3rd, issue on April 2nd For bills, the last repayment date is April 21st;

Card B will start consumption on April 9th, and cash can be withdrawn or cashed out on April 20th to repay card A;

Card B will be in May The bill will be issued on the 8th, and the repayment date will be May 27th; Card A will be able to withdraw cash on May 25th and 26th to repay Card B.

Finally, a reminder, this method is feasible in theory and practice, but it is not cost-effective at all, because cash withdrawals require handling fees and interest.

Credit cards cannot be used to repay i-credit cards, only debit cards can be used to repay credit cards. The balance in the debit card can be used to repay credit cards from different banks. The funds in the credit card can only be used for consumption payments and cannot be used for transfer repayments.

For example, card friend Xiaoci has two credit cards. Card A has a limit of 10,000 yuan and card B has a limit of 20,000 yuan. After he uses card A to make purchases, he transfers money to card B through the POS machine. Then use the money from card A to repay card A; then wait until the bill of card B comes out, and then use the money from card A to repay card B. In this way, you can use the two cards to repay each other in a cycle.

It may seem nice that you only need to pay some credit card fees to solve the problem, but doing so is risky.

The consequences of mutual repayment of two credit cards:

1. According to the operation method introduced above, mutual repayment of two credit cards is realized through POS machine cashing out, and we We all know that cashing out on a credit card is an illegal use of the card. If it touches the bank's risk control point and is controlled by the bank, the limit may be reduced, or the card may be blocked.

2. On the surface, the mutual repayment of two credit cards is successful, but you will always owe the bank a sum of money, which is the consumption before mutual repayment. Even if you pay off the bill this month, you will still owe the bank a sum of money. You still have to make payments next month, and this cycle never ends unless you pay it off yourself.

3. If the POS machine used is irregular, such as some code hopping machines, second-clearance machines, etc., your information may be leaked, and it is possible for the card to be stolen.

The above is the relevant introduction to "Can two credit cards repay each other?" In short, it is possible to repay each other with two credit cards, but the risk is very high, so don't try it easily. Of course, the best way is to control your desire to use credit cards and spend money with credit cards under conditions you can afford.