Can you transfer money to a credit card - "the only real, solid, definable benefit from a balance transfer is you can save money over the long haul if you pay back the previous amount you owed and you pay it at a lower interest rate, including all your costs," says mike sullivan, director of education for take charge america, a phoenix-based nonprofit consumer credit counseling company. A mobile phone - if your receiver lives in a country where we offer mobile money transfer service, and they have an activated mobile wallet with one of our partner mobile operators, you can send money straight to their mobile phone. When you continue to open new low-interest accounts, but maintain high debt levels, lenders may see you as a risk, which will make it hard for you to borrow money for big-ticket items such as a home or car. If you've racked up debt on a high-interest credit card, transferring the balance to a card with a lower interest rate can be a great way to simplify multiple debt payments as well as save on high interest charges.
How to transfer money from credit-card to bank account.