One option is to use a money transfer credit card.
This allows you to move a sum of money from your credit card to your bank account.
You can then spend the money in your bank account using a debit card, or you could use the sum in your bank account to clear another debt, like an overdraft.
Can we transfer money from credit card to bank account?
Cash advance interest rates: credit cards can be used to transfer money to bank accounts. But sometimes, your transfers will be charged a higher interest rate. For a credit card to bank account transfer, you will be charged 3% of the total amount transferred to the bank account.
How can I transfer money from my credit card to my bank account for free?
- Through MobiKwik’s digital wallet, you can transfer money from the debit/ credit cards of any bank to any bank account.
- The online money transfer service ensures quick and easy transactions.
- The money can be transferred from credit/debit cards to any bank account at a minimal transaction charge.
How do you transfer money from a credit card?
After you download the app, link your credit card to the app account. With the phone number of the recipient, you can make a payment by simply tapping the “Pay” button. Enter an amount over $1 and then send. There is a three percent fee to use a credit card when making payments.
How can I transfer money from credit card to bank account without fees?
How To Transfer Money From Credit Card To Bank Account Without Charges – In general, there are three major ways to send Money from Credit Card to Bank that is – 1.) Withdraw from ATM (Automatic Teller Machine); 2.) Transfer Using Paytm Bank (3% Charges) and Send Using Digital Wallets (0% Charges).