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Anonymous

Stealth • 3d

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 replies5 likes

Replies (5)

Havish Gupta

Stealth • 2d

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

0 replies

Anonymous 3

Stealth • 2d

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.

0 replies

Anonymous 2

Stealth • 3d

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

0 replies

SHIV DIXIT

Stealth • 3d

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

0 replies1 like

Anonymous 1

Stealth • 3d

It is legal, withdrawn money from credit card through an ATM is legal too, anything to do with credit is not limited by legality brother.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

0 replies

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Stealth • 2m

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Stealth • 6m

Can we have an app just like Paytm for adding money to wallet from credit card and app having a subscription model to subscribe per year

5 replies6 likes

AjayEdupuganti

Stealth • 4m

Do you use a RuPay credit card with UPI? How often does your credit card bill exceed your expectations? Are you spending more because of your credit card? I just want to understand whether this could become another potential debt trap for Indians

3 replies2 likes