FAQ: How To Pay One Credit Card With Another?

0 Comments

How do I pay a credit card bill with another credit card?

There are 3 methods by which you could use your credit card to pay another credit card’s bill.

  1. Through Cash. Withdraw money from ATM for the credit card you want to make the payment with.
  2. Through e-wallet. Transfer the money to an e-wallet from the credit card you want to make the payment with.
  3. Through Balance Transfer.

Can I pay someone else’s credit card bill?

Yes it is possible to pay another person’s credit card bill. If you have the account number and the credit card issuer’s name/address you can send in a payment. Just make sure you indicate the credit card number and the person’s name on the check.

Can you transfer multiple credit card balances one card?

You can do multiple balance transfers to the same card, as long as the amounts transferred and any transfer fees do not exceed the card’s credit limit. Remember that a separate transfer fee applies to each balance that you transfer. Some issuers may also have their own restrictions.

You might be interested:  Often asked: What Is Cvv No On Credit Card?

What is the charge if I withdraw cash from credit card?

Here’s a list of factors to consider when withdrawing cash through Credit Cards. This is the fee charged every time you withdraw cash using your Credit Card. Typically, it ranges from 2.5% to 3% of the transaction amount, subject to a minimum amount of Rs 250 to Rs 500, and is reflected in the billing statement.

Can I transfer money from credit card to bank?

You need to use a mobile wallet to transfer funds from a credit card to your bank account. For such transfers, you can either use the mobile wallet app or their official website. Do note, direct transfer of funds from credit cards to bank account is not possible.

Can I transfer someone else’s credit card balance to mine?

Is it possible to do a balance transfer from someone else’s card? Yes, but only some providers let you transfer another person’s balance to a credit card in your name. Only you (the person taking on the balance ) can request the transfer. The provider will not allow the other person to make the transfer.

Can you make multiple balance transfers?

Multiple Balance Transfers From One Card To Another Well you can simply do another balance transfer. It is possible to do another balance transfer to another new credit card, so effectively making multiple balance transfers. You require a new card, each time that you need to transfer the outstanding balance.

How much can you balance transfer on a credit card?

How much can I move?” The amount that can be moved to a balance transfer credit card is determined by the cardholder’s credit limit. Most providers specify that cardholders can transfer a percentage of their total limit – often 90 to 95% – and sometimes impose a maximum cap too.

You might be interested:  FAQ: How To Payment Credit Card To Credit Card?

How can I get cash from my credit card without fees?

Here are five strategies for avoiding an expensive credit card cash advance.

  1. Transfer the Balance to a Zero-Interest Credit Card.
  2. Use a Credit Card to Pay.
  3. Load Prepaid Debit Cards With Gift Card Balances.
  4. Get a Short-Term Loan From a Low-Income Credit Union.
  5. Get Paid for Your Work Without Waiting for Payday.

How can I turn my credit card into cash without fees?

Things to be Noted:

  1. Register with Paytm.
  2. Transfer fund from credit card to wallet.
  3. Open the Paytm App and go to ‘Passbook’
  4. Select the option: ‘Send money to Bank’
  5. Select ‘ Transfer ‘ option.
  6. Enter information regarding the amount, account number, and IFSC.
  7. Click on ‘Send’ button and money will be transferred to your account.

How can I get cash off my credit card?

Many credit card companies allow you to withdraw money from your card through a cash advance. Depending on the card, you may be able to withdraw cash by depositing it in a bank account, using your card at an ATM, or writing a convenience check.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post