How can I transfer funds from a credit card to a bank account?

We highly advise that you don’t take this step as it’s a huge debt trap. 

Let us explain why we mention this as a trap:

Whatever money you swipe using your credit card is considered as an expense. These expenses must be paid within 30-45 days along with interest that will be charged on the amount used. 

On the same hand, whatever money you swipe using your debit card is also considered as an expense. But you don’t have to pay off any bill with interest as the money you swiped was used with your own savings. Hence no interest can be charged.

When you need some cash that has to be transferred to someone, you must ideally use your debit card. In case you don’t have that much amount as savings, then it’s ideal to take a personal loan.

We say take a personal loan because you can sort all your expenses and also transfer that money into any bank account. The maximum interest on that will be less than 19%.

When you utilize your best credit card to transfer funds to a bank account, the interest that is charged on that kind of an amount will be more than that of a personal loan.

Hence we suggest you to opt for your savings or a personal loan to sort this out.