How to transfer money from credit card for free?

Effortlessly Transfer Money from Credit Card for Free

Do you need to move funds from your credit card to another account? Here’s a step-by-step guide to help you initiate the transfer seamlessly, without incurring any hidden fees.

Step 1: Log into Your Online Banking Portal

Navigate to your bank’s official website and log in using your credentials. Ensure you’re accessing your online banking portal securely.

Step 2: Locate the Credit Card Transfer Option

Once logged in, locate the section dedicated to credit card management. Depending on your bank, you may find an option labeled “Credit Card Transfer” or something similar.

Step 3: Follow the On-Screen Instructions

Click on the “Credit Card Transfer” option and follow the on-screen instructions meticulously. Typically, you’ll be prompted to enter the following details:

• Source Credit Card Number: The credit card from which you want to transfer funds.
• Destination Account Number: The bank account where you want to receive the funds.
• Transfer Amount: Specify the exact amount you wish to transfer.

Step 4: Confirm and Complete the Transfer

After reviewing the entered information, confirm the transaction. Some banks may ask you to set up a security verification, such as providing a one-time password (OTP) sent to your registered mobile number.

Benefits of Credit Card Transfers

• Convenience: Transfer funds from your credit card to any bank account at your convenience, 24/7.
• Fees: Most banks offer free credit card transfers, eliminating any additional charges.
• Emergency Funds: Transfer funds from your credit card to cover unexpected expenses, providing instant liquidity.

Note: It’s important to use credit card transfers judiciously and pay off the borrowed amount promptly to avoid any interest charges or penalties.