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How can two credit cards repay each other without generating interest?

1. In fact, it is possible to repay each other with two credit cards, but it requires certain costs, such as handling fees, interest, or certain risks. There are three ways for two credit cards to repay each other:

1. Cash withdrawal from credit cards for repayment. You can directly use the credit card limit to withdraw cash at atm or counter for repayment, which is a more formal repayment way. After thirty, there will be a handling fee and five ten thousandths of interest per day. As for the specific handling fee, each bank is different.

2. Help others pay by credit card. In fact, this is a very simple method. It is to use another credit card to swipe a friend's card, so that friends can pay their own cash, and when they have cash, they can return another credit card. This method is suitable for small repayment.

3. Brush the pos machine for repayment. When using a credit card to swipe a bill on a pos machine, the merchant will give cash. It should be noted that this method actually belongs to credit card cashing, and there are certain risks. Moreover, there are many customers of credit card cashing merchants, and the pos machines of cashing merchants are easily targeted by banks, which is likely to cause cardholders to be blocked by banks.

however, it seems that you don't have to pay for the repayment yourself. Actually, robbing Peter to pay Paul like this is risky.

Extended information:

Second, the safety and risks that need to be paid attention to:

1. Loss of money

Several credit cards actually repay each other by means of credit card repayment. Generation also needs to be paid by a third party. In case this third party is unreliable and runs away with money, the money that has been brushed away will not come back.

2. Information leakage

The problem of unreliable third-party payment may lead to the leakage of credit card information and personal information, which may lead to the risk of being stolen. If it is stolen, it will only be considered unlucky, and the bank will not bear the responsibility.

3. Credit loss

Credit card substitution is still a cash-out behavior. In case the bank thinks that there is a cash-out risk, it is still a trivial matter to reduce the credit card limit. If the card is blocked or recorded in the credit record, it will be troublesome. When you want to apply for a credit card or loan in the future, it will not be easy to get through.

4. Legal liability

It is illegal to cash out a credit card, and you will be investigated for legal responsibility and may go to jail. Don't believe it, there are really cases of being sued by banks.

Third, suggestions:

Instead of being clever and taking advantage of loopholes, it is better to honestly develop good consumption habits and repayment habits.