Got credit card in hand, but no cash?

Don't worry, read this article further to know how you can transfer amount from your credit card to your bank account without paying heavy third party charges.

Google out the ways of transferring credit card balance to bank account and you'll have plethora of posts for the same including paytm which charges 5% for this transaction.

The app which I'd love to recommend anyone for such transactions is Snapay. This app makes online purchases from even facebook or whatsapp groups more safer and secure using snapay secure pay technology. Payments made to any merchant using secure pay will be held by snapay and will only be released to merchant account once the product gets delivered.

For same day transactions upto 10,000 rupees, they charge 2.99 % which is still less as compared to paytm. If you're not in hurry and can wait for next day, charges reduce to 2.95% and if you can wait for one more day charges reduce to 2.5% which may seem less but if the transaction amount is big, it'll definitely save you few bucks.

Let's understand this with an example:

Case 1)

Suppose you want to transfer 100000 rupees from your credit card to bank account then charges for next day deposit would be

= (100000 x 2.95)/100
= 2950 rs

Case 2)

Suppose you want to transfer 100000 rupees from your credit card to bank account then charges for day after next day deposit would be

= (100000x2.5)/100
= 2500 rs

As you see, you saved 450 rs by waiting for just 1 day.

The advantage of using this app is that you also get a dedicated chat support for issues related to any transaction and you can also raise ticket for the same.

Interface of the app is also very simple and easy to use. Follow the below procedure for transferring credit card balance to your bank account

Step 1:
Click here to download snapay app.

Step 2:
Click on bank account section of the app.

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Step 3:
Enter all details of beneficiary and amount to be transferred.

Step 4:
Select transaction priority as per your need and hit pay button


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Step 5:
Select credit card on payment method and enter credit card details.

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Step 6:
Congratulations, transaction is now completed and amount will get credited in your bank account as per priority set by you.

After reading this article, I hope now you know the way to transfer credit card balance to your bank account.