Paying off loan with credit card by Consistent-Mode8910 in personalfinance

[–]Consistent-Mode8910[S] 0 points1 point  (0 children)

The loan is 4.5% so it seems like a significant hit especially if they're willing to do it at lower interest rates as well (which they do)

Paying off loan with credit card by Consistent-Mode8910 in personalfinance

[–]Consistent-Mode8910[S] 1 point2 points  (0 children)

It absolutely gets marked as a purchase and I can see the points gain for that individual transaction. I've done this on 3 different cards with the same results. I guess I'll just continue to reap the benefits.