Obviously you pay off a credit card bill with a check or using bill pay through your bank. I have a credit card account through Wells Fargo, and I notice that when I choose to transfer money from my checking account to one of my other Wells Fargo accounts, I can transfer it to my savings as well as my credit card account. What happens when I transfer money to my credit card account? I did not know you can do such a thing. Is that for stashing cash away so I have money come bill paying time?
2007-03-16 15:49:24 · 3 answers · asked by Brandon S 6 in Business & Finance ➔ Credit
It just pays your balance. It is for convience.
2007-03-16 15:52:53 · answer #1 · answered by minime 3 · 0⤊ 0⤋
no it will actually count as a payment
I do it all the time with my Citibank and Chase accounts
2007-03-16 23:31:50 · answer #2 · answered by M P 3 · 0⤊ 0⤋
yes, it is just like making a payment!
2007-03-16 23:10:52 · answer #3 · answered by lisa s 6 · 0⤊ 0⤋