Credit Card to Bank Transfer Charges, Explained Simply
Last updated: · By C2C Enterprises
Credit card to bank transfer charges come from two places: the service you use, and your own card issuer. Many people only look at the first and get surprised later.
People also call these credit card to cash charges. This guide shows how to work out the full cost, with simple examples.
Part 1: Our service charge
Our charges start from 2.2% of the card amount. They are not fixed: the final charge depends on the bank and card. The minimum transaction is ₹10,000. Before we process anything, we tell you:
- The amount that will be charged to your card.
- Our charge in rupees.
- The exact amount that will reach your bank account.
You approve only when you are happy with all three numbers.
Worked examples at 2.2%
These examples assume the charge comes out of the card amount.
| Card amount | Charge | You receive |
|---|---|---|
| ₹10,000 | ₹220 | ₹9,780 |
| ₹20,000 | ₹440 | ₹19,560 |
| ₹50,000 | ₹1,100 | ₹48,900 |
| ₹75,000 | ₹1,650 | ₹73,350 |
| ₹2,00,000 | ₹4,400 | ₹1,95,600 |
Working backwards
If you need a set amount in your account, divide by 0.978. To receive ₹30,000, the card amount would be about ₹30,675 at 2.2%. We will confirm the exact figure at the counter.
Part 2: Your card issuer's costs
These are separate from our charge, and they depend on your bank:
- Interest. If you pay the full bill by the due date, many cards charge no interest on purchases. If you carry a balance, interest is charged, often at a high monthly rate.
- Late payment fee. Charged if you miss the minimum due.
- Cash advance terms. If your bank treats the payment as a cash advance, fees and immediate interest may apply.
- Taxes on bank fees. Banks add applicable taxes on their own fees and interest.
Look at your card's "Most Important Terms and Conditions" for the exact numbers.
Putting it together: an example
You move ₹50,000 and pay your card bill in full on the due date. Your total cost is our charge of ₹1,100 plus nothing from the bank if your card treats it as a normal purchase.
Now say you pay only the minimum due and carry ₹45,000 for two months. Card interest on that balance can easily add more than our charge. That is why on-time repayment matters most.
Comparing with other options
- Personal loan: processing fee plus monthly interest, cheaper for long periods.
- Our office: from 2.2%, shown upfront, with your card's normal terms after that.
For other ways to bridge a short gap, read things to know before using your card limit.
Watch out for
- Offers that seem far cheaper than everyone else's. Ask what happens to the rest of the money.
- Anyone asking for your OTP, PIN or CVV.
- Any service that will send money to a third party's account.
Try your own numbers
Use the calculator on our pricing page. For a step-by-step look at the visit, see what to bring and what happens.
Charges questions
Is your charge a flat rate?
No. Charges are not fixed. They depend on the bank and start from 2.2%. We confirm the exact charge before you approve.
Are there any extra fees at your office?
No. The charge we show you is the full charge from our side. Your bank's own terms are separate.
Can I pay your charge separately instead of it being deducted?
Ask us at the counter. We will show you both ways and the exact figures before you decide.
Do you charge for a declined card payment?
No. If the payment does not go through, nothing is charged by us.
Will my bank add taxes on top?
Your bank applies taxes on its own fees and interest as per law. Our charge is the figure we show you at the counter.