The use of smartphones and sophisticated software applications has made it easier than ever to pay back a friend when they lent you money or paid for you. However, it is becoming increasingly difficult to pay a friend using a debit card or a bank account through platforms like Google Pay.

In such circumstances, if a credit card holder is able to use their credit card to repay a friend, they may be eligible for substantial rewards.

This article will provide an overview of the various methods of paying a friend using a credit card.

The 3 Best Ways To Pay a Friend With a Credit Card

Offering reimbursement to a buddy with a debit card or bank account is simple. But, what are the methods for using a credit card to pay a friend?

For payments made through these platforms, several banks also impose cash advance charges. Therefore, consider whether the benefits you will receive outweigh the charges you may have to shell out.

The 3 chief routes to pay a friend with a credit card include Venmo, PayPal, and Cash App.






Cash App



Final Thoughts

The list of ways to pay your friends back with credit cards has been growing for a while, but it is now getting smaller, especially with Apple Cash removing credit cards as an option and the increasing number of payments being flagged as “cash advances”.

There is no “magic solution” here, but here are the top 3 best apps for paying your friends back using a credit card:

  • Venmo: 3% Fee
  • PayPal: 2.9% Fee (U.S. Transactions).
  • Cash App: 3% Fee (Tertiary method only).

Most Venmo transactions are charged as Cash advances unless you use an Amex/Discover card.

  • PayPal: Consistently Coded as a Purchase.
  • Cash App: Sometimes Coded as a Cash Advance.
  • PayPal: Highly Reliable for All Types of Credit Cards.
  • Venmo: Easy and Convenient with Your Amex/Discover Card.