Buy now pay later daisy chain

There are so many buy now pay later services out there and a few of them give you a virtual credit card or a card inside Apple Pay. I haven’t done it myself but I wonder if anyone has done buy now pay later daisy chains. With afterpay it appears you can make payments using your after pay card. Or use bundll to pay off afterpay. Or use Klarna then pay off using another BNPL service. All collecting rewards along the way. Has anyone done this?

Comments

  • +3

    just make sure you don't go back to afterpay and create an infinite chain

    that will lead to a black hole and the end of the world

    endless freeeeee moneeeeyyyy

    • that will lead to a black hole and the end of the world

      It will create a negative reality inversion !!!

  • I've never looked into bnpl services. What are the rewards?

    • For a while zip had zip back, which was like cash back but you get like 4% or whatever on your purchases. But instead of cash it was a zip balance, which is as good as cash because you can use it to buy whatever you want in store.

      • does the 4% equate to 4% after fees you pay to use Zip though?

        • Zip has no fees if you don't carry a balance.

  • I don't think they'll accept payment from another BNPL card. Try it and see what happens though.

    • -1

      I haven’t tried it but often they accept Apple Pay, and I didn’t think Apple Pay disclosed what type of card it is

      • I haven’t check myself but which BNPL can be repaid by Apple Pay?

  • +2

    Phew, i thought this was gonna be one of these posts where someone has "figured out the system" and was going to be claiming they had achieved limitless money, similar to the perpetual motion machine true believers.

    • +1

      Well if you can continually pay afterpay with afterpay, maybe?

      • +1

        Even if that were possible, you'd still be limited to whatever the limit on a new BNPL account is.

  • +2

    Pretty sure this won't work. The cards themselves only allow purchases with certain merchants. For example, the Afterpay card (even on Apple Pay/Google Pay) will only work at merchants that accept Afterpay.

    I originally also thought that because it's in my Apple Pay, I could use it anywhere (for example, paying for food), but the payment will be declined.

    • Another example is you can't deposit money into your Coinspot from your Zip account. Blocks you from doing it. Was trying to find a zip to cash loophole.

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