Personal Finance

Paying for credit card statement with Paytm

  • Last Updated:
  • Feb 28th, 2018 11:27 am
[OP]
Deal Addict
Apr 2, 2006
1494 posts
248 upvotes

Paying for credit card statement with Paytm

Hi,

I am sure this has been discussed but it's really hard with the search function to find what I am looking for. I wanted to know if I pay a credit card statement with another credit card (registered with Paytm), whether I will be charged a fee for cash advance.

I asked Paytm and this is the response: seems like it's yes and if I get charged a fee they will reimburse me? (pretty sure they meant reimburse and not remembrance)

Hi,

Can I pay a credit card bill trough Paytm? I see multiple credit cards listed including the one I wish to pay.

If so, will it be considered cash advance by the credit card issuer?

Thank you.
---------------------------------------
It's Shailender from Paytm,

Great question!

We don't charge any fee if you transact through your bank account, Paytm cash or Master card. But using "Amex" - 3% for regular and 2% for regular.


In case you are charged with any cash advance, we love to remembrance.
3 replies
Deal Fanatic
User avatar
Aug 24, 2016
8314 posts
8924 upvotes
The Prairies
No idea who you apparently got a response from at PayTM, but that person needs to be retrained.

You can pay any bill you want that is on their billers lists, with a credit card.
You CANNOT pay a credit card bill using a credit card as payment.
Credit card billers can only be paid with a linked bank account.
Again YOU CANNOT PAY A CREDIT CARD BILL WITH A CREDIT CARD THROUGH PAYTM!!!
[OP]
Deal Addict
Apr 2, 2006
1494 posts
248 upvotes
coolintheshade wrote: No idea who you apparently got a response from at PayTM, but that person needs to be retrained.

You can pay any bill you want that is on their billers lists, with a credit card.
You CANNOT pay a credit card bill using a credit card as payment.
Credit card billers can only be paid with a linked bank account.
Again YOU CANNOT PAY A CREDIT CARD BILL WITH A CREDIT CARD THROUGH PAYTM!!!
Thank you for the clarification. That's what I figured.
Deal Addict
Jan 16, 2016
1464 posts
1123 upvotes
Hamilton, ON
They love to remembrance those CA fees too. Face With Tears Of Joy

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