Using a debit card to pay my credit card directly from the credit card statementstatement

If using a debit card to pay a credit card is not considered safe, why does the credit company ofer the facilty. The alternative isthat I have to take my bank account online. JL's new supplier does not accept cheques.

Whatever I do, use a debit card to pay my credit card bill or register for online banking to pay by bank transfer is equally risky. As with so much in life it is a question of chosing between two imperfect solutions. We do not keep large sums in our current accounts, so the risk there is limited.

Paying a credit card by direct debit means committing to pay in the wole card bill on the same day every month, but while I do clear my balance every month. I want the flexibility of paying,on a day that is convenient to me, which may not be the same day every month and be able to payless, should the need arrive.

I use my debit card online for grocery deliveries etc. But I only move the amount to pay into the account with the debit card, as I’m going to pay it.

I liked to use cash in order to tightly budget when say going shopping for a particular clothes item. I will miss cash hugely as trying to use cards to budget a shopping trip will not work the same way for me.

I think it's the "online banking is risky" is the bit that sounds paranoid to me. One can be careful and cautious and still bank online.

I'm confused!

MOnica Do you go into a bank to pay your credit card? If you don't, how do you manage to do it without being online?

PS. I pay off my credit card every month with my debit card, but it's all done online.

I agree with argymargy. Be aware & careful but I think this over overcautious. Bank branches are few and far between and for many getting to those that remain is difficult, also, there are not many companies that use cheques now (or cash), most prefer other methods of payment. I have used online banking for many years out of necessity and have always found it quick and convenient. You could be on your way to your bank and have your bag snatched with all your money and credit/debit cards taken with all the ongoing consequences.

M0nica. Try Barclaycard to see what they offer.

On online banking security in general. I signed up for internet banking in 1997. In 26 years, I have never had a problem and use my online current account to move large sums of money around. They have a 10K limit per transaction so larger sums have to be moved in tranches.

Challenger banks offer good rates of interest on investments but these tend to be online only with no physical branches. (Metro is an exception.).The challengers I use demand that investments are made only through a nominated and validated online current account. It’s a safeguard against money laundering.

I do have a mobile banking app but keep that for emergencies only as there can be security issues with wifi hotspots and shared networks. I have more control over security with my own domestic wifi router and do my banking and bill paying from home rather than on the move.

People keep saying that debit cards are not safe to use online but don’t give any evidence why. Other than keylogger viruses, where is the danger? Can anyone give an example of theft or fraud when using a debit card to pay a bill from an established and recognised organisation online?

Companies are not allowed to store CVV numbers and you need that to finalise any transaction. An employee of a payee organisation using a customer’s debit card data fraudulently isn’t going to get very far.

Of general interest, maybe. The John Lewis card was a white label agreement e.g badged at John Lewis but actually funded by HSBC until late last year. It’s now a white label product of financial services company NewDay. Its major investors are Cinven and CVC Capital Partners.

Cinven own, amongst others, Spire healthcare (formerly BUPA Hospitals). In July 2021, Cinven was fined £43m by the UK Competition and Markets Authority for its part in a generic drug price fixing scandal, which had resulted in the National Health Service being overcharged hundreds of millions of pounds over several years. (Wiki)

Private equity group Cinven has been hit with a third fine linked to price gouging on drugs sold to the NHS. The Competition and Markets Authority today fined four drug companies a collective £35 million, with part of the fines passed on to the owners of one business.

uk.finance.yahoo.com/finance/news/private-equity-group-cinven-hit-131032784.html

CVC Capital Partners own, amongst others, Unilever tea brands e.g. Brooke Bond, PG Tips. It once owned The Formula One Group, companies responsible for the promotion of the FIA Formula One World Championship, and the exercising of the sport's commercial rights, a deal not without its controversies. Bob Fearley, British motorsport manager accused CVC of raping the sport:

www.theguardian.com/sport/blog/2018/sep/10/cvc-ownership-f1-warning-premiership-rugby-union

In January 2015, CVC Capital Partners were sentenced to pay fines by the Dutch Authority for Consumers and Markets for breaking competition rules through price fixing.

You’d be hard pressed to find bankers and private equity firms which are squeaky clean (Bank of Dave anybody?) but I would be thinking very hard about having a John Lewis card with these two ethically unsound companies behind it.

growstuff I pay my JL card off online using my debit card. I still need to pay the visa card with a cheque because the supplier does not have this facility and I otherwise have to be registered for online banking to pay it off online.

It is impossible to find any financial company, or any other big international company that is squeaky clean. I am staying with my JL card because it is really convenient and so easy to pay off. I was just wondering whether there was a visa card that was as easy to pay.

MOnica, if you’re using your debit card online (to pay off your JL card), wouldn’t it be easier to set up online banking with just enough in your current account to pay off your other credit cards? You’ve already accepted the risk of using your debit card online to pay off your JL card. Provided you strictly control the amount in your current account, are you really taking on a greater risk? I didn’t realise anybody still paid credit card debts by cheque - there’s always a first time for your cheque to be lost in the post, thereby incurring interest and damaging your credit rating. Recently a friend in her 90s, who pays everything by cheque, was threatened with a visit from the bailiffs because the cheque paying her electricity bill was lost in the post.

Poor M0nica, she said in her OP that her bank account is not online, and this decision was not up for discussion. I know people are trying to help, but feel her actual question is now overshadowed by posts that are trying to sway her decision.
Not having a go at anyone, just my point of view.
Sorry I can't help with an answer that fits your question. Good Luck.

Thank you Jaylou.

I do have an online account and I don’t worry about security because I need 3 passwords to get in and an OTP to confirm the payment.
My main concern is that you must have an up to date smartphone to use the system and the time will come when I and others will not be able to operate it.

DIL has a small attachment to her computer that logs in automatically that is simpler, for most of us a contactless card is going to be by far the easiest way to manage money.

Jaylou well said.

people are quick to comment with opinions which ignore the OPs request..
this happens on every thread.