How to Transfer Someone Else's Debt to My Credit Card

The process of transferring someone else's debt to your credit card is paying the other person's creditor with the money that is available to spend on your credit card. You cannot pay most creditors by giving them your credit card number, therefore you must do either a cash advance or a balance transfer in order to pay the other person's creditor.

Instructions

Cash Advances

1

Learn your credit card's available balance. Do this by signing on to your account on your credit card's web site or by calling the customer service telephone number. The available balance must be more than the debt that you want to transfer along with any related fees. If it is less, you will need to be approved for a credit line increase or use a different credit card.

2

Perform the cash advance by using your credit card's PIN to withdrawal cash at an ATM or a bank. Some companies (such as Chase) allow you to call customer service and request that the funds from the cash advance be directly deposited into your bank account. Alternatively, you can use a cash advance check from your credit card company, which can be written out directly to the person or institution of your choice; if so, skip step 3 and go directly to step 4.

3

Verify the cash advance funds are available in your checking account. If you got cash from an ATM or a bank, deposit the cash into your checking account. If your credit card company electronically deposited funds into your checking account, verify that the funds have cleared and are available.

4

Write either a cash advance check or a personal check from the account your cash advance was deposited into. Make the check payable to the other person's creditor and write the other person's account number in the memo line. Deliver or mail the check to the other person's creditor.

Balance Transfers

5

Learn your credit card's available balance. Do this by signing on to your account on your credit card's web site or by calling the customer service telephone number. The available balance must be more than the debt that you want to transfer along with any related fees. If it is less, you will need to be approved for a credit line increase or use a different credit card.

6

Research which methods your credit card company uses to complete balance transfers. Get this information by visiting your credit card's web site or by calling the customer service telephone number. Some credit card companies (such as Chase) let you perform a balance transfer by filling out a form on the internet or by speaking to a customer service representative over the telephone. Other companies may require you to fill out, sign, and return a paper form; if so, you can either mail or fax the form to your credit card company.

7

Supply your credit card company with pertinent information related to the balance transfer. Your credit card company needs to know the other person's account numbers and how much of each of their account balances you want to transfer onto your credit card. Write this information on the cash advance form or provide it to the customer service representative on the telephone.

8

Execute the balance transfer. Submit the information and read and agree to your credit card company's terms and conditions. As long as you have a large enough available balance and your account is in good standing, the credit card company will approve your balance transfer.