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Anonymous
Asked: June 5, 20202020-06-05T07:46:48+00:00 2020-06-05T07:46:48+00:00In: Finance

What are the best credit cards to transfer a balance to?

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I want transfer money using credit card to any Bank account. For which credit card I should choose that is the best for credit card to bank transfer.

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1 Answer

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    Shailendra Kumar
    2020-06-08T12:05:21+00:00Added an answer on June 8, 2020 at 12:05 pm

    There are several credit card issuers that offer the balance transfer facility in India. Therefore, it becomes quite difficult to state which is the best balance transfer credit card. 

    However, you have to keep a few things in mind when looking for a low-interest credit card to transfer the balance. 

    Choose a balance transfer credit card with the following features – 

     

    • Affordable rate of interest – Make sure you choose an issuer that offers a competitive rate of interest. In this way, you can save more during the repayment of outstanding credit card dues. 
    • Welcome rewards – Leading lenders offering the balance transfer facility also provide attractive welcome offers. As a result, you will be able to accumulate complimentary reward points even before you make your first transaction using that card. 
    • Emergency cash requirements – Premium balance transfer credit cards allow you to withdraw cash from ATMs. Therefore, you can finance your emergency cash requirements. In addition, choose an issuer that provides an interest-free period for cash withdrawal. 

     

    Besides these features, you can also benefit from complimentary airport lounge access and exclusive discounts on the purchase from select brands with balance transfer credit cards. 

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