1Man&hisBMW
10-01-2005, 18:36
I was wondering if its possible to set up a standing order from a credit card to a bank account (obviously not my own!) to make payments?
Its is possible to do:confused:
Its is possible to do:confused:
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View Full Version : Standing order from a credit card - Is it possible? 1Man&hisBMW 10-01-2005, 18:36 I was wondering if its possible to set up a standing order from a credit card to a bank account (obviously not my own!) to make payments? Its is possible to do:confused: Miss 10-01-2005, 18:51 Nah... You can't have standing orders from a credit card - it's a feature that exists on banking accounts only. Not sure why you'd want to repeatedly borrow from a credit card anyway, the ecomonics of it are pretty poor given the apr. If you need to borrow, I'd suggest a overdraft facility for the short term... JoeP 10-01-2005, 18:53 There is a means by which you can make regular subscription type payments form a CC to someone - but the recipient has to have a CC clearing facility. If you REALLY wanted to do it, you might be able to manage it through Paypal, but it would be convoluted. Joe Miss 10-01-2005, 18:57 Originally posted by JoePritchard If you REALLY wanted to do it, you might be able to manage it through Paypal, but it would be convoluted. Joe And takes WEEKS. Or so it seems, when I want to buy something on ebay! JoeP 10-01-2005, 19:45 Payment goes through pretty well immediately, but then takes a week to go from Paypal to your bank. I have a couple of cients who pay me for web development work like this - it can drag on occasion! noreen27 10-01-2005, 20:15 no its not possible generally Strix 11-01-2005, 00:58 Originally posted by Miss If you need to borrow, I'd suggest a overdraft facility for the short term... And there was me thinking that '0% for six months' meant 0% for six months. I know where I'd go for planned short term borrowing! Lindseyw 11-01-2005, 08:10 yes you can - I used to pay my AOL monthly fee from my Visa and that was a standing order type of thing, set it up, and it came off every month. Cyclone 11-01-2005, 08:25 Originally posted by Lindseyw yes you can - I used to pay my AOL monthly fee from my Visa and that was a standing order type of thing, set it up, and it came off every month. that was them charging your card every month, that's different to a standing order where a specific amount is transferred by you every month. |