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Cards ?Hello All,
Is there any way where we can transfer amount from credit card to bank account without much interest?
Please help and guide.
Visa cards..Cards ?
Visa / rupay
Amount..
Without much is intrest ? There is no intrest but convince fees ..
Direct - cc to bankVisa cards..
Amount would be 50-60k
You can check ATM withdrawal through IDFC Credit Card. I think there isn't interest charges if you pay within due date but some fees is there for withdrawing.Hello All,
Is there any way where we can transfer amount from credit card to bank account without much interest?
Please help and guide.
I have a spend based offer. So I'm evaluating the possible ways. Not into regular rotation.Unless and until it's emergency financial need, wallet to bank big transactions should not be done as majority of banks don't consider it for milestones & if some banks still considering then sooner or later they will also exclude this from milestones.
I have seen couple of people using multiple credit cards with no job & surviving by paying bill of each credit card by using other cards wallet to bank transactions. Don't know how long they can continue this.
Financial discipline is must.
Rotation is rotation, whether you call it regular or not.I have a spend based offer. So I'm evaluating the possible ways. Not into regular rotation.
Instead of giving gyaan you can help OP.Rotation is rotation, whether you call it regular or not.
Yeah I agree but there are specific groups where people post these tricks and a lot of them use them😅I don't understand why credit card holders are interested in rotating funds through wallet and some tricks.....
Use cards for the purpose they are intended for.... misuse will first of all lead to massive devaluations (as we have seen in past few months) plus banks are no fools that they don't know what's happening with their cards...
they'll crackdown in hard way when these things will be happening in big quantum
Don't think that your .I don't understand why credit card holders are interested in rotating funds through wallet and some tricks.....
Use cards for the purpose they are intended for.... misuse will first of all lead to massive devaluations (as we have seen in past few months) plus banks are no fools that they don't know what's happening with their cards...
they'll crackdown in hard way when these things will be happening in big quantum
why even rotate.... cards openly give the facility to encash the limit with some charges or even bank transfer facility.....Yeah I agree but there are specific groups where people post these tricks and a lot of them use them😅
And then when somebody who isn't in the groups ask, they're giving a load of gyaan on how wrong it is.
Btw , I don't agree for rotation unless it's an emergency.
Aapse yeh ummed nhi thi Bhaiwhy even rotate.... cards openly give the facility to encash the limit with some charges or even bank transfer facility.....
card to wallet and then to bank and then again to card...... ITD is going to come knocking soon for the source of funds in bank accounts
Well not really.why even rotate.... cards openly give the facility to encash the limit with some charges or even bank transfer facility.....
card to wallet and then to bank and then again to card...... ITD is going to come knocking soon for the source of funds in bank accounts
I thought we were talking about emergency situations for liquid funds....Well not really.
Firstly a lot more charges via the way you mentioned.
And secondly 0 possibility of getting rewards via that way.
Instead using the wallet option is better in both ways.
Plus ITD won't flag these transactions I suppose? Unless they're an exhorbitant amount.
A lot of people need cash in bank let's say if there salary hasn't come, so they have to resort to this
yeah.... but in case of contingencies, one should be ready to bear these charges....Aapse yeh ummed nhi thi Bhai
When u withdraw from atm
Intrest are charged from day 1 not from day of statement date
That's why this community is foryeah.... but in case of contingencies, one should be ready to bear these charges....
moreover banks are dying these days to provide personal loan based on credit card limit at much lesser interest rate than cards
Like I just said that every bank is providing personal loans at around 16-18% based on the credit card...That's why this community is for
Cash withdrawal is absolute no for cc
Pl - what if u need for 2 month
Closing loan is not easy in everybank
Hence rotation helps