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Anonymous
Not sure if this will work. Using my POSB credit card to pay for my standard chartered cashback credit card for more rebates. And which payment is suitable for it, via FAST or AXS. Anyone tried before?
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Kelly Trinh
26 Nov 2019
Backoffice technical at financial services firm
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Pang Zhe Liang
26 Nov 2019
Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)
It is impossible as this will result in arbitrage opportunity.
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No not possible. Why it won't work for the two methods mentioned:
FAST is a system for bank account transfers. You cannot do to or from credit card accounts
The AXS system will not allow payments to a credit card to be from another credit card.