If you’re unable to make the minimum payment on your credit card, using another credit card to pay your bill might sound ideal. By paying off one credit card with another one, you can avoid paying anything out of pocket for an entire month. Does it get any better than that? While you can technically pay off one credit card with another, it’s usually a bad idea. Plus, there are better alternatives to consider if you need a lower payment and some wiggle room in your budget.
You’re not really helping yourself when you shuffle debt around without really paying it off. You’re buying yourself time, literally, you’re paying quite a premium. Your balance might drop on one card, but it will surge on another. Over time, this could easily spiral out of hand and lead you deeper and deeper into debt.
Can you pay off one credit card with another? Yes. Should you? If you are trying to get out debt, than no.