In this blog we will discuss how to transfer money from credit card to the bank account in free this is unique. As you know before some months Paytm has an option that you have to add money using the credit card and also can transfer from it into the bank account.
That service was free but after the company has realized that many people misuse for that option because credit card option was for only pay bill, recharge and so on but many people add money from credit card and transfer that money into his/her bank account. But at this time company has blocked those account they transfer money from Pytm to the bank account using the credit card.
As we know that credit card is one of the best options to buy the product online offline and also can shopping from anywhere in the world. If you don’t have money in your pocket but you have the credit card then you can use that credit card for shopping, lunch or etc. but you must have credit limit in your credit card.
At this time getting the credit card is very easy just process for your credit card online or offline just provide some documents and company will check your eligibility for the credit card if you will eligible for the credit card then the company will issue credit card but credit will depend on your income.
If you are a salaried person then that process will make easy and you will get your credit card as soon as.
Well, today’s will talk about how to add money from credit card to bank account without any charge. let’s start how to add money from credit card.
Many people know about adding money from credit card to any app like Paytm, Mobikwik, Airtel Money and more. But today’s will not talk about Paytm and more we will talk about Mobikwik.
In Mobikwik there is also option to add money from your credit card to Wallet like Paytm but it is free but still you are thinking that it’s common to add money from credit card to wallet yeas it’s common but not free if you will transfer money from credit card then you have to pay some percentage to company like 3% to 5% but I will tell about a trick to use of that you can transfer money from wallet to bank.
How to add money from credit card to bank free
First you an account in Mobikwik if you have already an account then no problem just do KYC it’s necessary without doing KYC you don’t have permission to transfer money from wallet to bank but here is twist you can transfer only 10000 free from wallet to bank if you want to transfer more money from your wallet then you have to pay charge for this.
But if you must have Mobikwik merchant account without merchant account you can’t transfer money free from wallet to the bank. And if you don’t have the merchant account then you can’t transfer free wallet to the bank. Don’t worry it’s easy to make merchant account you have just called to sales boy and make your merchant Mobikwik account give him details about business and provide him the electricity bill, Adhar Card and other documents that required. After completing the KYC your account will active and you are now eligible for additional money from credit card and transfer from wallet to bank account free.
Note- There is a limit for 10000 only in a month (for free ) if you want to transfer more then you can but you have to pay the charge for that amount after 10000. If you use the credit card every month only for transfer money the company can block your account and chargeable for a lifetime like Paytm.
10000 is a good amount in an emergency but we have thought that other companies charge for transfer from credit card to the bank account.