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No - in most cases. As long as the credit card issuer can determine your credit worthiness, it doesn't matter where your bank account is. There is one exception. If you apply for a secured credit card, you must keep a 'security deposit' of a certain amount in the institution chosen by the credit card issuer (usually their own bank).
What else can I help you with?
What is the difference between a checking account and credit card account?
checking from bank fund & credit card prepaid by credit
What is a Merchants account Credit card?
A merchants account credit card is a special type of credit card that is issued from a merchant acquiring bank. These credit cards allow a vendor or business to accept payments from customers using a credit card.
Should you give your bank account number to your credit card company?
no
Do credit cards instantly debit a bank account when a transaction occurs?
When a transaction occurs, a credit card does not instantly debit a bank account. Since a credit card is linked to a line of credit, it is dependent on the user to make individual payments in order to replenish that credit line.
How do you write a letter to bank manager for close my credit card account credit card balance transfer to my saving account?
To, The Bank Manager HDFC Bank Charmwood Village, Faridabad Sub:- HDFC Credit Card A/C Close & Credit Card Closing Balance Transfer to my HDFC Saveing A/C Respected Sir, It is inform you my HDFC Credit card no 5176521002316488 And my HDFC Saveing A/C No 03961370000033, so please
How can I transfer my credit card payment to my bank account?
To transfer your credit card payment to your bank account, you can typically do so by logging into your online banking account and setting up a transfer from your credit card to your bank account. You may also be able to do this by contacting your credit card company directly or visiting a bank branch.
Can you transfer money to a credit card?
Yes, you can transfer money to a credit card by making a payment from your bank account to the credit card account.
What is the difference between a checking account and credit card account?
checking from bank fund & credit card prepaid by credit
Can you transfer funds from a credit card to a bank account using a bank transfer?
Yes, it is possible to transfer funds from a credit card to a bank account using a bank transfer.
Is bank account is compulsory for obtaining a credit card?
Maintenance of an account in the bank which has issued the card is not a pre requisite for applying for a credit card. Having an account with the card issuing bank is essential for debit cards. Nandkishore Sharma
Do you need a bank account to get a credit card?
No.
Is a credit card needed to sign in to Bank of America?
No, a credit card is not needed to sign into Bank of America. One can have a checking account, a savings account, or other business with Bank of America without having a credit card.
What happens to my credit card if I close my bank account?
If you close your bank account, your credit card account will typically remain open and unaffected. However, you will still be responsible for making payments on your credit card balance as usual.
Is it possible to transfer money from my Venmo credit card to my bank account?
No, it is not possible to transfer money directly from your Venmo credit card to your bank account.
What numbers are on a credit card?
It depends on who's credit card. The numbers are your bank account, the date the credit card is validated for.
How can I pay into my bank account using a credit card?
To pay into your bank account using a credit card, you can typically do so by setting up a transfer through your bank's online portal or mobile app. This process usually involves linking your credit card to your bank account and initiating a transfer from the credit card to the bank account. Keep in mind that some banks may charge a fee for this type of transaction.
Is a bank card the same as a credit card?
No, a bank card and a credit card are not the same. A bank card is linked to your bank account and allows you to access your funds, while a credit card allows you to borrow money from the card issuer up to a certain limit.
