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Credit card are legal loan sharks. Even if you can do it, make sure the interest rate is low enough and there is no or low handling / transaction fees.

Good Luck.

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2 friends of mine and 1 relative of mine who worked in a bank ( Scotia, CIBC, TD) all say that they charge interest as cash advance IF you pay bills with credit card on counter. HOWEVER, once those bills are pre-authorized (e.g. your hydro bills, fido bills, MSP, insurance that you set payees online) over your account/ card then they DON't charge you interest; instead they'd just swipe the amount and treat it as an end-of-month/ regular time payment.

Of course whether or not they allow you to preauthorize a card payment from another card would be rare.

See I totally agreee LYK's opinions and I'm not trying to prove anything, but it's just that the more information I get here, the more clear it gets instead of assuming they don't work at all.

Thanks everyone!

[ 本帖最後由 yungfourfour 於 2008-5-23 22:51 編輯 ]

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good idea, but it is not working in canada

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