Can I Pay AAA Auto Insurance With Credit Card?

  1. 21750 POINTS
    Jim Winkler
    CEO/Owner, Winkler Financial Group, Houston, Texas
    Great question! I'd ask you -why would you want to? Unless you are paying off your credit card balances promptly every month ( not many people do, unfortunately) all you are doing is increasing the cost of your payment . If your payment is $100, and the interest on your card is 18%, you effectively just paid $118 for the payment. Add to that the extra $18 next month, and so on until your balance is paid....Please think twice about using your credit for small things. More often than not credit harms more than it helps. If you need help, please contact me. I'm happy to help.Thanks for asking!
    Answered on April 24, 2014
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