Ye kaise chakravyuh me fasna chah rahe ho vats 🤣🤣Don't even think of paying back a loan using a credit card
just pay it off directly.
Otherwise you will have to take another Loan to pay off your credit card bill
If someone wants to pay loan only for rewards, and he gonna pay the credit card bill from the loan amount he has, what's the process to do?While earning rewards on paying the loan bill might sound fancy but the process and charges are so complex that it's probably not worth doing it.
Also, as others have suggested, if your finances are not well organized, this could lead you into a debt trap where you might start rotating money and get another card to pay the other card's bill. I've noticed this with someone and though I encourage utilizing your expenses, you should also know when to stop and just use netbanking/UPI to keep things clear!
Other than usual gyan .Mere pass SBI simplyclick, Flipkart axis card hai aur dmi finance, Bajaj finserv ka loan kaise bhar sakte hai jisse ki fee reversal criteria pura ho jaye
Then another credit card to payoff that loan.Don't even think of paying back a loan using a credit card
just pay it off directly.
Otherwise you will have to take another Loan to pay off your credit card bill