Credit Card Payment for Building Work

[Lewis's Friend]

Hi all, a quick question.

I suspect this is a foolish question, so please be kind! I am looking to have a new driveway installed at my house (circa £5k), and would like to just put this on a credit card.

However, almost no builders have a faciltiy to accept a card payment. Is there some easy way of being able to pay for some work of this nature to someone who cannot accept a card payment? I expect I have just answered my own question there, but I thought I would check.

Most credit cards charge heavily for drawing out cash on them etc, which seems to rule out that. I'm just not sure if there is some method I have missed.

Any comments appreciated.

[Sarnie]

Some providers offer 0% Money Transfers to your bank account........

[Mattt]

First question- why?

If to spread payments then you're almost certainly better off with a loan (unless on a 0% deal but requires someone who can take it which is limited as you've found).

[kiethton]

Depending on how much you spend month to month, put all spending on the credit card and save up the cash?

[NickCQ]

Mattt said:

First question- why?

If to spread payments then you're almost certainly better off with a loan (unless on a 0% deal but requires someone who can take it which is limited as you've found).

Gotta get those Avios I suppose...

[Lewis's Friend]

Hi, thanks for the feedback.

The idea of using a credit card would have been to get a new one with 0% on purchases (hence the question about how to pay a builder!) - otherwise a loan would doubtless be a cheaper way of borrowing.

I have seen a Virgin card with money transfer with 0% for 32 months and a fee of only 1.69% which would actually be cheaper than an equivalent loan, so may look at that in more detail.

Again, thanks for the constructive comments.

[Bristol spark]

You could potentially send it via paypal (or similar) with a credit card.

However the builder will almost certainly expect you to pay the fee!


Im constantly getting letters/junk from both Tesco and Virgin for credit card to bank transfer deals (0% for 12 months etc) so that would possibly be better.

[ecs]

Virgin Money have a card which offers 0% over 36 months and you can use this offer with a cash transfer meaning you can pay the builder in cash, but spread the payments