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If you are a points-accumulation enthusiast and miles by paying bills with a credit card, a new development from Caixa may interest you. Lottery retailers are now accepting payment for bills and even lottery games with credit and debit cards from all banks, under the Visa, Mastercard, and Elo networks. However, it is important to note that paying credit card bills with another credit card is not allowed.
Fees and availability
The company responsible for providing this service is FISERV, and it has established the following fees:
- Payment by credit card: 2.95% fee.
- Payment by debit card: 0.98% fee.
Although this is great news for those who use this method to accumulate benefits, this new service is not available at all lottery retailers. In our research, we found that some locations in São Paulo and Ceará already offer the service and confirmed the fees, but availability may vary depending on the region.
What are the advantages of paying bills with credit?
For customers who use bill payments as part of their strategy to meet credit card goals, whether to take advantage of promotional offers or waive annual fees, this news is very positive. The 2.95% fee is lower than the 3.49% charged by RecargaPay, which was one of the best options available for this transaction.
The cost reduction for customers may not only benefit those who already use the service, but also stimulate competition and lead to better conditions for bill payments in the future.
However, it is important to pay attention to the details. Banks usually consider bill payments to be transactions that are not eligible for meeting spending targets in promotional campaigns. Therefore, if your intention is to boost the accumulation of credit card points, check your bank's rules before using this service. This precaution can prevent frustration and ensure that you successfully reach your goals.
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