Credit card loophole

context: i posted how one can use one cc to pay for another cc and keep on passing debt without incurring interest

found this on reddit

so - it can be done huh! who’s laughing now bwahahahahahaha

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7mo ago
GroovyBoba
GroovyBoba
X7mo

But if it goes to your bank then you still have the credit card debt for the same amount? Si gow is it free money?

BubblyTaco
BubblyTaco

it’s not free money. the discussion was about paying one debt instrument with another

reference Checkout this post on Grapevine: https://share.gvine.app/Pb9S1HaTV2pVK2r1A

BubblyTaco
BubblyTaco

y’all funny af

MagicalPanda
MagicalPanda
Acko7mo

it’s all fun and games until amazon blocks your account :))) then you’re no longer a fuboi, you’re fu*d, boi xD

DancingDonut
DancingDonut

For you bwahahahaha(haha?) scheme to work both credit cards need to be Amazon ICICI Bank CCs and you hope Amazon doesn't ban you for your multiple cancellations? And at some point they will fix the glitch,right? And what if you don't have an ICICI Bank account?

ZestyPotato
ZestyPotato

Real id se aao Harshad Mehta

BouncyBurrito
BouncyBurrito

Jaakr axis reserve ka block replace wala loophole pata kro bhut kuch seekhne ko milega

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Misc
Misc7mo

cc loop hole saga | 2nd edition

for the folks who mentioned you can’t pay off one cc with another -

ok hear me out, what if i put the money to my demat account (say groww), and refund it to a saving account - now i use the saving account to pay for the cc debt and the...

Misc
Misc7mo

can i use 2 credit cards to pay for each other?

is that possible? if not, isn’t it a loop hole?

no crazy interest

borrow monei from c1-pay with c2 when billed and clear it-pay c2 with c1 when billed-continue until you can pay the whole thing off without any interest

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Misc11mo

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