InvestorQ : Can I transfer any amount from one of my credit card to another?
Kunal Verma made post

Can I transfer any amount from one of my credit card to another?

Answer
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Nishita Gala answered.
2 years ago


No, you cannot transfer any amount from a credit card to another.

You can only transfer the amount equalling the credit limit of your new credit card.

So, let’s say you are transferring the credit card balance of Card A to Card B.

Say you have an outstanding of Rs. 1 lakh on card A, but card B’s credit limit is Rs. 50,000. So, you can only transfer up to Rs. 50,000 and no more.