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-   -   Using MC to pay auto loan installment ? (https://www.flyertalk.com/forum/credit-card-programs/379076-using-mc-pay-auto-loan-installment.html)

mileshawk Dec 10, 2004 10:45 am

Using MC to pay auto loan installment ?
 
My thread search has been futile, although I'm fairly certain this has been covered before:

I'm about to re-finance some credit card debit (incurred in one transaction buying a new car) and wonder if there's any tried-and-true mechanism or institution that would allow me to borrow the money (secured against my car note if necessary) and then pay the installments with a mileage-earning credit card?

Or, perhaps better, is there an account I could set-up with BillMatrix or Paypal or such -- that would, effectively, accomplish the same thing?

In advance, my thanks for any input and advice.

wahooflyer Dec 10, 2004 5:37 pm

To the best of my knowledge, no major auto finance company will let you pay your monthly car loan bill with a credit card.

What you might be able to do, though, is "balance transfer" your car loan over to a mileage-earning credit card. Most mileage credit cards do not offer miles for balance transfers, but I know the United Mileage Plus card from Bank One sometimes does.


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