Best Credit Card Providers in India for Instant Money Transfers

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Sending money through a credit card can be a convenient and efficient way to transfer funds in India. In this guide, we will explore the top credit card providers in India for sending money, and give you a step-by-step guide on how to send money through credit card in India.

Is it possible to send money with a credit card?

It is very possible to send money to beneficiaries through your credit card. Sending money from a credit card is a straightforward process that varies slightly among credit card providers. Generally, there are two primary methods to send money using your credit card. These are credit card to bank account and credit card to a digital wallet.

  • Credit card to bank account transfer

Many credit card providers in India offer the facility to transfer funds directly from your credit card to a recipient’s bank account. To initiate the transfer, you will need to provide the recipient’s bank account details, including the account number and the bank’s IFSC code.

Once the transfer is authorised, the specified amount will be deducted from your credit card’s available credit and credited to the recipient’s bank account. This method is suitable for large transactions or for when the recipient prefers receiving funds directly into their bank account.

  • Credit card to wallet transfer 

Some credit card providers in India allow you to transfer funds from your credit card to digital wallets. These digital wallets act as intermediaries to store the transferred funds which can then be used for various purposes such as peer-to-peer transfers, bill payments, online shopping, and more.

Transferring funds to a digital wallet is often quicker and more convenient, especially when the recipient has an account with the same wallet provider.

Step-by-step guide for sending money from a credit card in India

Here’s a step-by-step guide on how to send money through credit card in India:

Step 1: Log in to your credit card provider’s online portal or mobile app.

Step 2: Navigate to the money transfer section or payment options.

Step 3: Select the desired transfer method (credit card to a bank account or credit card to wallet transfer).

Step 4: Enter the recipient’s details accurately, such as their bank account number and IFSC code or their digital wallet ID.

Step 5: Specify the transfer amount and review the transaction details.

Step 6: Authenticate the transaction using the provided security measures, which may include One-Time Passwords (OTPs) or other authentication methods.

Step 7: Confirm the transfer and wait for the transaction to be processed.

Step 8: Once the transfer is successful, you will receive a confirmation message or notification.

Top credit card providers in India for sending money

  • Major banks

Major banks in India offer credit cards that allow you to send money from your credit card. These banks have a wide network of branches and ATMs across the country, making it convenient to access their services.

  • Digital payment platforms

Various digital payment platforms have their own credit cards that enable users to send money. These platforms have gained popularity for their seamless and secure transactions, making them a preferred choice for many users.

  • Financial technology (fintech) companies

Many fintech companies in India offer credit card services with innovative solutions for sending money through your credit cards. Some of them even provide additional features such as rewards and cashback on such transactions.

  • Prepaid card issuers

Prepaid card issuers in India also issue credit cards that enable users to send money conveniently. These prepaid cards can be loaded with funds and used for various transactions, including money transfers.

  • International banks with operations in India

International banks with a presence in India offer credit cards with money transfer functions. These banks cater to the needs of individuals with international financial requirements and provide seamless cross-border transactions.

  • Non-banking financial companies (NBFCs)

Non-banking financial companies offer credit cards with the facility to send money. These companies provide flexible credit options and competitive interest rates, catering to specific financial needs.

  • Co-operative banks

Co-operative banks also offer credit cards that allow money transfers. These banks serve specific regions or communities, providing localised banking services with a focus on customer satisfaction.

  • Public sector banks

Some public sector banks offer credit cards with the feature of sending money.


Credit card providers in India offer convenient methods for sending money using your credit card. Whether you prefer transferring funds directly to a bank account or utilising digital wallet services, these credit card providers cater to various needs and preferences.

It is important to note that the availability of credit cards for sending money may vary and specific terms and conditions may apply. It is recommended to research and compare the offerings of different credit card providers before choosing the one that best suits your requirements.

You should also remember to review the terms and conditions, including fees and charges associated with money transfers before initiating any transactions. With the right credit card provider, you can enjoy hassle-free and secure money transfers, empowering you to conveniently manage your finances and support your loved ones.

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