Paying one credit card bill in full with a second card each month…how does this affect your credit

Credit and mortgage advice Forums Consumer Credit Improve Credit Paying one credit card bill in full with a second card each month…how does this affect your credit

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    • #372433
      Anonymous
      Inactive

      First off, I’m not talking about carrying a balance or paying only the minimums, etc. So please don’t misunderstand.

      I’m talking about a scenario as such:
      Say you averaged $ 1000 per month in charges on Card A and you always paid the full balance each month via your checking account, follow?

      So say you used a second card (Card B) to pay off the full balance of Card A ($ 1000) each month instead of using your checking account. And then you paid off the full balance of Card B (now $ 1000) via your checking account…repeating the process every month always paying off both cards in full, etc.

      Could this scenario effectively aid in increasing the rate at which your credit score increases? IE, instead of processing and paying off $ 12,000 in credit via one card per year, would it appear on some level that you’re doing a good job of handling $ 24,000 (12,000 x 2 cards) of credit a year? Thereby increasing the rate at which your credit score climbs?

      Please poke some holes in this theory. Thanks.
      So that’s technically a balance transfer, ehh? Never done one. Good to know…thanks for the help!



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