Any car loans payable by credit card?

prop · 04-15-2007, 07:13 AM

In an effort to maximize aeroplan miles, I was wondering if any financial institutions in Canada will allow you to pay your monthly car loan fee by credit card.

Anyone know? For what it's worth, this won't end up with me paying interest twice, as I always pay my monthly charges in full - this is simply to earn "points" on money that otherwise wouldn't...

Thanks for any comments!

wkjeepsrt8 · 04-15-2007, 02:24 PM

Nope.

They lose money on the % charged by the cc providers.

At the dealership level, I was only allowed to make a $2000 deposit with my credit card.

They want your chequing/savings account for monthly payment withdrawals.

04-15-2007, 07:13 AM	#1
prop New Member 1 Rep 22 Posts Drives: 2008 335i Join Date: Mar 2007 Location: Canada iTrader: (0)	Any car loans payable by credit card? In an effort to maximize aeroplan miles, I was wondering if any financial institutions in Canada will allow you to pay your monthly car loan fee by credit card. Anyone know? For what it's worth, this won't end up with me paying interest twice, as I always pay my monthly charges in full - this is simply to earn "points" on money that otherwise wouldn't... Thanks for any comments!
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04-15-2007, 02:24 PM	#2
wkjeepsrt8 Enlisted Member 0 Rep 33 Posts Drives: Mini Cooper S Join Date: Mar 2007 Location: YQT iTrader: (0)	Nope. They lose money on the % charged by the cc providers. At the dealership level, I was only allowed to make a $2000 deposit with my credit card. They want your chequing/savings account for monthly payment withdrawals.
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