Back

Anonymous

Hey I am on Medial • 8m

Is it legal to do business "Transfer Money from Credit Card to Bank Account"? if legal should we need to take any approval or License?

5 Replies

Replies (5)

SHIV DIXIT

CHAIRMAN - BITEX IND... • 8m

3% extra fees jaisa koi criteria hota ha baki all types of transaction is legal

Havish Gupta

Figuring Out • 8m

It's totally legal! You can do tha using PayTM, Amazon Pay and ton of other apps. Only thing is that you'll have to pay ~2.35% fees

Anonymous 3

Hey I am on Medial • 8m

Transferring money from a credit card to a bank account: it’s like taking a loan from yourself, but your wallet might not appreciate it, I wouldn't recommend it, honestly.

Anonymous 2

Hey I am on Medial • 8m

As long as it complies with your bank's policies transferring money is legal, yeah.

Anonymous 1

Hey I am on Medial • 8m

It is legal, withdrawn money from credit card through an ATM is legal too, anything to do with credit is not limited by legality brother. they want you to use credit cards as much as you can by whatever means, you could use credit cards to play pokerbaazi and ruby online and all the bs ludo games too btu should you? Because the interest on all that shit is waaaay too much and then people come knocking on your doors and calling and harassing your parents and relatives and all

Recommendations from Medial

Easemoney

Finance Startup • 3m

ICICI Bank credit card share in 2025

Mamidela Dinesh Kumar

Turning Ideas into S... • 1y

Adding UPI to credit card is the ultra pro max definition of making one more poor. Would you take upi enabled credit card ?

10 Replies

Anonymous

Hey I am on Medial • 8m

Hey I am new to credit card game, purchased a product from flipkart I have some doubts regarding repayment Do i need to manually repay loan in credit card section of my bank app or it will automatically debit? I’m using canarabank credit card

4 Replies

Easemoney

Finance Startup • 3m

Federal Bank has rolled out a new credit card designed just for small and medium-sized businesses (MSMEs). The card name is: “Fed StarBiz Credit Card”. It launched on April 03, 2025.

Giggity

Memes,games, startup... • 11m

How much salary do i need to get if I wanted a credit card from HDFC Bank?

1 Reply

Giggity

Memes,games, startup... • 11m

How much salary do i need to get if I wanted a credit card in HDFC Bank

LIKHITH

"You never know" • 1y

STAY UPDATED !! Credit cards usage growing by 22% in india Top 5 players (market share) 1.Hdfc bank = 27% 2.Icici bank = 19% 3.SBI = 15% 4.Axis bank = 11% 5.Kotak bank = 4% Like and follow to stay update & Which Credit card do you have ?

24 Replies

Anonymous

Hey I am on Medial • 3m

hi guys, i want to take a credit card. i often use online apps for food. can u suggest a better card to get more offers or good credit points when we spend. 🥹

3 Replies

mg

mysterious guy • 4m

Important RBI rules for credit cards Bank can't charge joining fee if customer has not activated their credit card CC should be automatically closed if not used for more than a year Rs 100 compensation per day for delay in closure of credit cards

2 Replies