In this guide, we will learn how you can transfer money from a credit card to any bank account. Today world is flooding with Mastercard holders. Each business and even people have various Mastercards on the grounds that nobody needs to hang tight and set aside cash for buys.
Why we need to transfer money from credit card to bank account ?
There is no actual need to transfer money from credit card to Bank account. However, if you need emergency cash then you can withdraw money using your credit card from any ATM but you have to pay interest. Credit card companies charges no interest on merchant transactions online or by swiping it stores. However, if you withdraw cash then definitely you have to pay interest. This interest varies from Rs 300 to 4 % of actual amount withdraw which ever is maximum.
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