Credit Card to Bank Transfer ( not free )

[parthcc]

Best way to Transfer big amount CC to bank like 3-5 lakh, with lowest possible charges ?
I know there are many similar threads but mostly looking for free and amount is less, but I'm looking for higher amount transfer, ok with charges 1-1.5%

 

[D₹V]

BharatNXT?

 

[parthcc]

BharatNXT?

Never tried, can I transfer 2-3 lakh at once ?

 

[Pankhuri]

Best way to Transfer big amount CC to bank like 3-5 lakh, with lowest possible charges ?
I know there are many similar threads but mostly looking for free and amount is less, but I'm looking for higher amount transfer, ok with charges 1-1.5%

Some offline merchant would be your best bet tbh. BharatNXT is flagged as business payment, might lead to enquiry if the amount you spent is very near to your credit limit of the card.

 

[CC Enthu]

Never tried, can I transfer 2-3 lakh at once ?

2 lakh per transaction limit. If you want you can do in tranches.

 

[CC Enthu]

Some offline merchant would be your best bet tbh. BharatNXT is flagged as business payment, might lead to enquiry if the amount you spent is very near to your credit limit of the card.

But offline merchants will have to show entire amount as income and pay tax accordingly.

 

[AlgoTrader]

Finally, I found a proper reason to hold multiple credit cards. If we have 10 cards and need 3L, we can take 30K from each card and it won't raise a big red flag. Right?