I’d like to earn cashback using CDC card to pay rent and every other bills, but seems like is too much to ask… I already tried to use apps like Wise, Western Union but [Crypto.com](https://Crypto.com) does not allow using the card with these financial institutions. So is there another way to do it?
9 comments
Why not use the bank account? The CDC will have to be linked to an bank account anyway
Why not use the bank account? The CDC will have to be linked to an bank account anyway
Do you mean processing payment for someone else, or solely for yourself? If for someone else, I think this counts as income, which is taxable, and which you will need to declare. It will create a lot of administrative overhead for you and profit will not be what you think it will be.
When you mention things like rent, other bills, those are typically all done with European Bank transfer. You cannot do them with a credit card regardless of whoever offers that card.
If it is for yourself only, how much do you think you are going to win this way? In general, if you think you are going to outsmart banks by doing something ‘clever’ to get free money from them, it means you are probably missing something.
I’m trying to understand what exactly you are trying to do. For some large expenses I would also like to have the money go over my CDC card, but for transfers where the invoice just has a bank transfer option, I don’t see how to do this.
Logic like attached card to paypal and add a withdraw sepa number in paypal for the invoice you need to pay would probably not work ? I haven’t tried …
I do pay the Telenet invoice with CDC, the email has a link that allows visa payments.
There are services like that in the US, like plastiq, but even if they were available here they’d still be a bad deal as the fees incurred would outweigh any cashback you’d receive.
I think paysend could work. I use it to transfer money from credit card to banks accounts, never had any issues with European cards but you may have a small fee for international
You want to send money to someone and pay the transaction with a creditcard?
Dont think thats gonna work anywhere in Belgium because you would be paying with a credit thats only taken from your bankaccount later.
Rent is specifically excluded from cashback using the CDC card, if you find a workaround you will get it taken back in the future, or worse, get your account closed because you are breaking the T&C’s.
You really should read the terms, and make sure you understand them. Terms are here; https://help.crypto.com/en/articles/4597450-restriction-of-cro-rewards-program
Try Revolut.
You can load as much as you want with your credit card then you can transfer the amount to pay rent or whatever payment you want