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Can I use my credit card to buy a car?

If you use your credit card to buy a car, you should start with a plan. Since credit cards typically charge much higher interest rates than auto loans, you’ll only want to charge a car to your credit card if you know how you’ll pay down the balance.

Should I buy a car with a travel credit card?

Whether you decide to buy a car with a travel credit card, use a card with a 0 percent introductory APR on purchases for a limited time or pick up a new credit card for the purchase, you’ll want to check with your credit card issuer to make sure the purchase will go through.

How do I pay for a car purchase with a credit card?

You will also need to contact the dealership you plan to use to determine how much of the purchase, if any, you will be able to charge. Whenever you make a purchase with your credit card, the merchant must pay the issuer and/or bank a processing fee to receive the funds.

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