
Sign up & start saving!
Get our weekly newsletter for the latest in money news, credit card offers + more ways to save
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Updated
We hear about transfers between bank accounts all the time. Less so about transfers between credit cards and bank accounts.
The latter transaction type is possible. But credit cards aren’t designed for it, and you’ll probably pay higher fees. If you need funds fast, consider alternatives first.
By taking out cash or a money order, you can make an indirect transfer between your credit card and your bank account. A wire or money transfer can be slightly more convenient, as you can initiate them online.
If your credit card provider allows it, you can also transfer money with a credit card convenience check.
If you bring a debit card to an ATM, you can withdraw cash. You can do the same thing with a credit card when you use a cash advance.
Alternatively, you can take out a money order. Find one at your supermarket, a local money-transfer agent, a US Postal Service office or your bank. Money orders can be relatively inexpensive.
Once you’ve obtained cash or a money order, deposit it into your bank account. Many banks allow deposits through ATMs. You may also be able to make your deposit at a branch.
You can make a wire transfer through your bank. Before you do, check if the bank allows credit card payments.
You can also consider money-transfer services like Western Union and MoneyGram, which allow you to transfer funds with a credit card.
Wire transfers and money transfers involving credit cards generally come with relatively high fees.
Your card provider may occasionally send you credit card convenience checks.
When you write one, it’s as if you’ve swiped your credit card. The amount you put on the check will be drawn from your credit line — and you have to pay it back eventually.
Carefully read your provider’s fine print before using one of these checks. If you’re lucky, you’ll get a promotional interest rate on it. Otherwise, the check will be treated as a cash advance.
Back to topWhen you transfer money from a credit card to a bank account, your transaction will most likely be coded as a cash advance.
Consider these important points about cash advances:
Because cash advances can be expensive, consider other options if you need funds in a hurry.
You can transfer money from a credit card to a bank account — but it might cost you more. Consider the costs you might incur with a cash advance, which likely comes with a higher interest rate and transaction fees.
If you have time, consider the alternatives to a cash advance. You’ll find many reputable services that can help you if you’re in a financial pinch.
Earn flat rewards on all of your purchases.
Compare 6 lenders to find one that’s a good fit for your needs.
The Best TD Bank credit cards are solid, but nothing special.
Here are our picks for the top travel cards on the market.
Have your sights set on travel this year? We compared nearly 100 cards to find the best deals and perks.
Shopify merchants may be able to get funding without a credit check.
Here are our picks for the best store cards of the year.
Usend combines money transfers, bill pay and mobile phone reloading.
Our picks for the best no-annual-fee cards.
Dashers can get instant access to earnings, plus 2% cash back at gas stations with this prepaid card.