How to transfer money to others with a credit card

Question 1: How can I transfer money to others using a credit card? Hello, do you use our credit card? If so, our credit card supports cash advance through ATM, bank counter, online banking and telephone. If you use online banking cash advance/telephone cash advance, you can transfer the required funds to the China Merchants Bank All-in-One Card in your name in real time (the account opening documents of the credit card and All-in-One Card must be consistent). Supplementary cardholders can use the telephone to advance cash, but cannot use online banking to advance cash.

If the ATM credit card transfer is equivalent to a cash advance, the funds can be transferred to a UnionPay card of any bank (not limited to the person’s name). The transfer limit, handling fees and interest charges are the same as Cash advances are consistent.

Each credit card needs to set a transaction password and keep the cash advance function enabled before cash can be withdrawn.

Access method: Log in to credit card online banking, click Card Management → Transaction Password Management, and follow the prompts.

More ways

Mobile banking: Log in to credit card mobile banking, enter Card Management → Transaction Password Management, and follow the prompts.

Phone voice: Call the credit card service hotline, after verifying your identity, press 3, and then press 3 again to enter the transaction password setting and modification.

Handling fees, interest and limit limits:

Handling fees: The handling fee for domestic RMB cash advances is RMB 1 of the amount of each cash withdrawal, with a minimum charge of RMB 10 per transaction; overseas RMB cash advances The cash borrowing fee is 3% of the amount of each cash withdrawal, and the minimum charge is 3 US dollars or 30 yuan per transaction (American Express-Centurion Black Gold Card, American Express-Centurion Platinum Card charges a minimum charge of 5 US dollars or 30 yuan per transaction) 30 yuan). There is no inter-bank handling fee for cash advance.

Interest: Cash advance does not enjoy interest-free repayment. From the day of cash withdrawal to the date of settlement, interest will be charged based on the daily interest rate of 5/10,000, and compound interest will be charged on a monthly basis.

Limit limit: The cash advance limit is generally 50 of the credit limit (except for cards with special regulations). At the same time, the daily cumulative cash advance amount of each domestic card is capped at RMB 2,000; the daily cumulative cash advance amount of each household for overseas non-UnionPay lines does not exceed the equivalent of US$1,000, and the cumulative amount within one month does not exceed the equivalent of US$5,000. , the cumulative amount within 6 months does not exceed the equivalent of US$10,000.

(You can consult online through QQ or WeChat any information you want to know about China Merchants Bank’s credit card services. Method 1: Search 4008205555 among QQ business friends, and add China Merchants Bank Credit Card Center as a friend; Method 2: Search the number "cmb4008205555" in WeChat and follow China Merchants Bank Credit Card Center)

Question 2: Can a credit card be used to transfer funds to other people's bank cards? Hello, it can be done through ATM. ATM credit card transfer is equivalent to a cash advance. Funds can be transferred to a UnionPay card of any bank (not limited to the person's name). The transfer limit, handling fees and interest charges are the same as those of a cash advance.

If you have other questions, please add QQ corporate customer service 4008205555 or look for the WeChat public account "China Merchants Bank Credit Card Center" and add it.

Question 3: Can credit cards be transferred directly? I believe many users must know that credit cards cannot be transferred, but some people are not sure whether they can transfer funds to credit cards. In fact, general debit cards can transfer funds to credit cards. If you want to use your credit card to receive money from someone else, all you need to do is give the person your credit card. The remitter will make a direct deposit or transfer money directly from your savings account based on the information you provide. However, transfers to credit cards generally arrive on the second working day, which cannot meet the demand for real-time transfers. In addition, according to different regulations of each bank, the handling fees charged when transferring funds to credit cards are also different. There is no handling fee for peer transfers. It should be noted that debit cards can transfer funds to credit cards, but credit cards do not have the ability to transfer funds to debit cards, so you cannot use credit cards to transfer funds to credit cards.

When there is no arrears, the money deposited into the credit card through transfer is also called overpayment. Users can use this overpayment according to their own needs, but corresponding fees will also be charged when the overpayment is withdrawn.

Question 4: How to transfer Taobao credit card to others and let the seller make up a fictional item for you to take photos of. The price is the shipping fee. Just pay with a credit card.

Question 5: Can I give you a credit card? I believe many users must know that credit cards cannot transfer money, but some people are not sure whether they can transfer money to credit cards. In fact, general debit cards can transfer funds to credit cards. If you want to use your credit card to receive money from someone else, all you need to do is give the person your credit card. The remitter will make a direct deposit or transfer money directly from your savings account based on the information you provide. However, transfers to credit cards generally arrive on the second working day, which cannot meet the demand for real-time transfers. In addition, according to different regulations of each bank, the handling fees charged when transferring funds to credit cards are also different. There is no handling fee for peer transfers. It should be noted that debit cards can transfer funds to credit cards, but credit cards do not have the ability to transfer funds to debit cards, so you cannot use credit cards to transfer funds to credit cards. When there is no arrears, the money deposited into the credit card through transfer is also called overpayment. Users can use this overpayment according to their own needs, but corresponding fees will also be charged when the overpayment is withdrawn.

Question 6: Can others transfer money to my credit card? Of course you can. The remitter only needs to fill in your account number and your username correctly to remit money.

The remitter must also bring his or her ID card.

Question 7: How to transfer money to someone else with a credit card? Credit cards cannot transfer money. There is no money in it, but only the available limit given to you by the bank.

Mobile POS machine. The maximum rate for a single transaction is 50,000.68.

Question 8: My credit card cannot transfer money to others. Can others transfer money to me? Yes

Question 9: How to transfer money to someone else’s credit card and let them tell you their credit worthiness? The code, and which line it is from, can be transferred. Same as transferring money to a debit card.

Under normal circumstances, do not transfer to a credit card unless someone else happens to have a credit card to repay. Otherwise, there will be a handling fee when you transfer money and then withdraw it.

Question 10: Can credit cards be used to transfer funds? Credit cards can be used to transfer funds. Generally, they can only be transferred to the debit card of the bank to which the credit card belongs. There are also handling fees, interest and transfer limits for overdraft transfers, which are usually 2,000 yuan per day

How to transfer money by credit card

Do you know how to transfer money by credit card? What is needed to transfer money by credit card? If you are not sure, let’s take a look at how to transfer money by credit card.

The answer is yes, but there is a limit and the handling fee is not low. If you need to transfer money, you can open credit card online banking. The operation is as follows: Taking China Construction Bank as an example, online registration can only be done after you have opened a card and set a consumption_cash withdrawal password.

1. Log in to the China Construction Bank website.

2. Click on Online Banking Service.

3. Click to activate online banking services.

4. Confirm the customer service agreement.

5. Enter personal information as prompted, where the account number is your credit card, the account password is your credit card consumption_cash withdrawal password, and the additional code is entered as shown in the box on the right. After successful registration, you can log in to credit card online banking with your ID number, the login password you entered when registering, and the additional code prompted to complete credit card transfers. How to transfer credit card to Alipay? It should be noted that credit card cash withdrawal is different from credit card cash withdrawal. Credit card cash withdrawal is one of the inherent functions of the credit card itself. Cardholders can use the credit card to withdraw cash from the bank. Credit card cash withdrawal mainly includes overdraft cash withdrawal and overpayment cash withdrawal. Two ways. Overdraft withdrawals require interest, and interest is calculated from the day you withdraw cash, while overdraft withdrawals do not require interest and only require a partial handling fee, depending on the regulations of each bank.

Credit card cash withdrawals mainly include overdraft cash withdrawals and overdraft cash withdrawals. Overdraft cash withdrawals are small cash loans provided by banks to cardholders, helping cardholders to flexibly allocate funds when they are in urgent need.

The above is an introduction to the specific content of how to transfer money with a credit card. I hope it can be helpful to you.

Three methods you can definitely use to transfer money from a credit card to a bank card

Can a credit card be transferred to a bank card? Friends who are new to credit cards will have this question. Credit cards have functions such as swiping purchases, online payments, and overdraft cash withdrawals. They provide convenience but also have disadvantages. Let’s take a look at them below.

Generally, there are three methods:

1. Overpayment transfer. Overpayment transfer means that you have to withdraw extra money from your credit card. You can only transfer it to a bank card in your own name, and it is not free. A certain handling fee is required, usually a cash advance. Direct credit card transfer is equivalent to a cash advance. Funds can be transferred to a UnionPay card of any bank (not limited to your own name) at designated bank ATMs in designated cities. The prerequisite for direct transfer using a credit card is that you must have a debit card from the bank and open one of telephone banking, online banking, and mobile banking.

The domestic RMB transfer fee is 1% of the amount of each transfer, with a minimum charge of 10 yuan per transaction; the overseas transfer fee is 3% of the amount of each transfer, with a minimum charge of 3 US dollars or 30 yuan per transaction (Except cards with special provisions).

3. Pay for your friends. Use the payment function of your credit card to help friends who don’t have a credit card complete the payment. When he pays you back, ask him to transfer it directly to your bank card. This way there are no handling fees and no interest charges.

Reminder: From the date of transfer, interest will be calculated on 0.5% of the daily transfer amount. Moreover, the amount that can generally be transferred is 50% of the credit card limit.

Disadvantages of transferring funds from credit card to bank card

1. High cost of cash withdrawal: Not only do you have to pay a handling fee to withdraw cash by credit card, but you also cannot enjoy the interest-free period for normal consumption. Interest will be calculated at 0.5% per day starting from the day the cash is withdrawn into the account.

2. Full repayment is required when repaying: cash withdrawal is different from overdraft consumption. It needs to be repaid in full on the repayment date and cannot be paid in installments. If the user's own repayment ability is limited and he uses a credit card to withdraw large amounts of cash, it will cause difficulty in repayment.

So, I think card friends should try their best to use debit cards to transfer funds. The cost of using credit cards to transfer funds is high and not cost-effective.

How to transfer money between two parallel credit cards

There are the following methods to transfer money between two bank cards:

Method 1: If two banks One of the bank cards in the card is bound to Alipay, so users can transfer money directly through it.

Method 2: You can bring two bank cards to the bank teller machine of one of the bank cards, enter the password according to the prompts, and then the transfer can be successful.

Method 3: You can fill in the remittance form at the respective banks of the two bank cards, fill in the relevant information on the remittance form as required, and hand the money to be remitted to the bank counter staff, and the transfer can be successful.

Method 4: You can bring your personal ID card and bank card to the bank to activate mobile banking and online banking, then download mobile banking and follow the prompts to register and transfer money to another bank card.

Transfer (transferaccounts) refers to a bank currency settlement method that does not use cash directly, but transfers money from the payment account to the receiving account through the bank to complete currency collection and payment.

It gradually developed with the development of the banking industry. When the settlement amount is large and the distance is long, using transfer settlement can make it safer and faster. In modern society, the vast majority of commodity transactions and currency payments are conducted through transfer settlement.

Transfer methods

There are many methods for transfer settlement, which can be mainly divided into two categories: intra-city settlement and long-distance settlement.

Intra-city settlement includes check settlement, payment authorization settlement, intra-city collection and commitment settlement, collection without commitment settlement and limit check settlement, etc.;

Remote settlement includes remote collection and commitment settlement, remote entrusted collection payment settlement, exchange settlement, letter of credit settlement and limit settlement, etc.

On February 25, 2016, the five banks, ICBC, ICBC, ICBC, China Construction Bank and Communications Bank, held a joint press conference on “Strengthening Account Management and Promoting Inclusive Finance”.

Handling fees are waived for domestic RMB transfers and remittances handled by customers through mobile banking, and handling fees are waived for customers' domestic RMB online bank transfers and remittances of less than 5,000 yuan to reduce customer expenses.

Scope of application

As a bank settlement method, transfer has a wide range of applications. Transfer settlement can be carried out between the same city and different places, between unit accounts and unit accounts, between unit accounts and personal accounts, and between personal accounts and personal accounts.

Handling Principles

Bank transfer settlements and units handling transfer settlements at banks should abide by the principles of clearing both money and goods, safeguarding the legitimate rights and interests of both payers and recipients, and not granting advances to banks. . In addition, transfer settlement should also comply with relevant national regulations.

Free transfers

Free transfers within the bank

In order to effectively curb the behavior of buying and selling accounts and fake account openings, and comprehensively promote the real-name management of accounts, the "About Strengthening Payment and Settlement Management" "Notice on Preventing New Illegal Crimes in Telecom Networks" clearly stipulates;

Since December 1, 2016, if a banking financial institution opens a bank settlement account for an individual, the same person in the same bank will only If you can open a Category I account, you have already opened a Category I account, and if you want to open a new account, you should open a Category II account or a Category III account. This move is intended to protect the safety of funds.

At the same time, in order to reduce residents’ transfer costs, the Notice on Strengthening Payment and Settlement Management to Prevent New Illegal Crimes in Telecom Networks clearly stipulates that banks will charge off-site handling fees for the bank’s intra-bank non-local cash deposits, withdrawals, transfers and other services. , it shall be free within three months from the date of issuance of this notice.

Can two credit cards of the same party transfer funds to each other?

Can two credit cards of the same party transfer funds to each other.

You can use online banking to transfer money, you can also use an ATM machine, and you can also transfer money at the counter.

Some banks currently do not provide inter-bank transfer services using credit cards, and although other banks can provide inter-bank transfer services using credit cards, it is not that easy to actually operate it.

Compared with debit cards, the inter-bank transfers of most bank credit cards are far less convenient than debit cards. There are 3 state-owned banks that support inter-peer transfers for credit card balances and overdrafts, but none of them support inter-bank transfers with credit cards.

General credit card holders of these three banks cannot use their credit cards to transfer funds to other banks. Judging from the situation of several other banks, even if the bank supports credit card inter-bank transfers, it is not easy for cardholders to operate smoothly. Most of them need to go to the counter in person to handle it, and they also need to pay a lot of handling fees.

Extended information:

Main features:

1. It is not encouraged to deposit cash in advance, consume first and repay later, enjoy the interest-free repayment period, and can make installments independently Repay (there is a minimum repayment amount), and join international credit card organizations such as VISA, MasterCard, JCB, etc. for global use.

2. It is one of the fastest growing financial services today and is an electronic currency that can replace traditional cash circulation within a certain range.

3. It has both payment and credit functions. Cardholders can use it to purchase goods or enjoy services, and can also obtain certain loans from card issuers by using their credit cards.

4. It is a high-tech product that integrates financial services and computer technology.

5. It can reduce the use of cash currency.

6. It can provide settlement services to facilitate shopping and consumption and enhance a sense of security.