How to transfer money from a credit card to debit card
These days it’s fairly easy to transfer money between bank accounts. But what about transferring money between cards?
If you want to transfer money from your credit card it’s usually called a balance transfer. Sending money is made slightly trickier with credit cards, because you’re building up a debt when you spend, which is paid off at the end of the month. So if you want to transfer money to someone else using your credit card, you’re effectively transferring them money to form a debt that you haven’t yet paid off.
If you only have a credit card and you need to transfer money then you will need to find a provider which is low-cost, simple and fast. Luckily, Paysend has the solution!
Can I transfer money from credit card to debit card?
Paysend has developed a unique way of transferring money from one person to another - card2card transactions.
This effectively means that you don’t need any bank details to send money to someone.
So if you want to send money from your credit card to a friend or family member’s debit card, all you need are your card details and your recipient’s details. It’s as simple as that!
With other money transfer providers you’ll need an assortment of bank details, which could include SWIFT, IBAN, sort code, account number, bank name… the list really does go on!
But here at Paysend we want to make it so simple to send money between people that anyone can do it by using our platform - and one of the ways we do this is through bypassing complicated bank processes and reducing the hassle from money transfers.
How much does it cost to transfer money from credit card to debit card?
Sending money from a credit card to a debit card with Paysend costs a lot less than you’d imagine. The transfer fees for any amount sent internationally will be just £1, €1.5 or $2 (or equivalent amount depending on where you send from).
For example, if you want to send £100 or £1000 from a credit card in the UK to a debit card in Nigeria, it will only cost you £1 either way.
Paysend doesn’t hang around with your transfers - when you send money from a credit card to a debit card it usually arrives within a few minutes*!
To get started, head to the App Store or Google Play and download the Paysend Global Transfers app!
*See full T’s & C’s here
Ultimele postări
Sending money abroad shouldn't mean queuing in a bank branch and filling out forms with codes you may never have heard of. An international money transfer moves your money from your account, card, or wallet in the US to someone else's account, card, or wallet in another country, and, above all, it should be simple, transparent, and reliable enough that you don't have to think twice about it.
Whether you're supporting family back home, paying for something abroad, or sending a gift for a birthday you can't be there for in person, the reason you're sending matters more than the mechanics. If you're new to Paysend, your first transfer comes with zero fee and a special exchange rate, so more of what you send actually arrives, and we'll show you how to claim it.
În fiecare lună, mii de persoane care lucrează în Cehia trimit acasă o parte din salariu — mulți dintre ei sunt ucraineni care își sprijină familia de peste graniță. Iar drumul tradițional îngreunează ceea ce ar trebui să fie simplu: transferuri bancare care cer IBAN și coduri SWIFT, comisioane care apar abia după ce banii au plecat deja, și zile de așteptare în timp ce cineva de acasă contează pe ei.
Pavel Štich își ajută cititorii de ani de zile să rezolve exact această problemă. Este cofondator și redactor-șef finanțe la Moneyo.cz, o platformă cehă independentă care compară serviciile de transfer de bani, brokerii bursieri și investițiile alternative — și Ambasador Paysend, ceea ce înseamnă că testează personal tot ce recomandă, explică simplu și oferă cititorilor săi avantaje exclusive. L-am întrebat cum a apărut Moneyo, cine îl citește și de ce a ales Paysend.
