Defer your payment by paying with a credit card

  • Updated

Paying with a credit card is better for your business. This article explains why.


Melio lets you pay business bills with a credit card* (for a low, tax-deductible 2.9% fee) and choose your vendor's preferred payment method. That way, small and medium-size businesses can defer payment for bills while still getting them paid on time.


What is a deferred payment?

This is when you buy what you need and pay for it later on. That way, you can hold on to your cash flow, while getting the items you need to do business now.


The benefits of paying business bills with a credit card:

  • Defer payment until next month (no interest) or repay the balance over time (with interest).

  • Earn card rewards like cash back, miles and points.

  • Get early-pay discounts from your vendors, suppliers and distributors.

  • Increase your cash flow to safely manage unexpected expenses.

  • No application needed. Deferring your payment to the card’s next billing cycle helps you extend your float in a way that's similar to a loan, just without all the paperwork or approval process.

Add your credit card to your Melio account in a few simple steps.


How to pay bills with a credit card

1. Log in to your Melio account.

2. Add a bill or select an existing bill from your dashboard. Learn how to add bills and make payment.

3. Select Credit card when asked how you would like to pay.



4. Enter your details to add and link the card.

5. Schedule the payment.


A payment summary for the transaction and for the 2.9% fee will arrive in your email inbox shortly after completing the payment.


NOTE: The 2.9% fee is billed separately.


*Subject to card network limitations.


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