How to Transfer Money from One Card to Another Most Conveniently? Learn the Transfer Skills in One Step

More and more people are choosing online transfers. In addition to multi-asset wallet tools like BiyaPay, transferring money from one card to another has also become a daily need. This article will provide a detailed analysis of the core information, common limitations, and fee structure in this process, helping you complete cross-card transfers efficiently and securely.

What Information Do I Need to Prepare Before Starting the Transfer?

Before making a card-to-card transfer, the most crucial step is to confirm whether the card used by the payee supports this type of transaction. Not all bank cards accept third-party transfers, especially some prepaid cards for specific purposes, credit cards, or accounts of local banks. Therefore, it is recommended to verify in advance the card type, the accuracy of the card number, and whether the bank to which it belongs supports this type of service.

The transferor needs to provide their basic information, including name, card number, payment amount, billing address, etc. Some service platforms may also require uploading identification documents to complete identity verification. At the same time, the payee’s card information also needs to be filled in completely and accurately.

Once the information is verified, you can choose a service platform for the transfer. Currently, common choices include Payoneer, Western Union, Remitly, etc. They all support card-to-card transfers and have online operation functions, which are suitable for users who want to complete transactions quickly.

Preparing this information in advance can not only speed up the transfer efficiency but also greatly reduce the failure rate and avoid unnecessary fees caused by repeated operations.

Which Remittance Platforms Allow Me to Transfer Money from One Card to Another?

In the modern remittance system, card-to-card transfers no longer require the support of a bank account, and many international payment platforms already support this operation. Users can directly use bank cards to send and receive funds, and the operation method is flexible and convenient.

For example, Payoneer provides global payment services between enterprises and freelancers and supports sending funds from one bank card to another receiving card. Western Union, based on traditional cash remittance, also provides online transfer services, allowing users to directly settle by entering the card information of both parties.

In addition, there are some emerging payment tools that focus on regional markets or specific purposes, such as mobile payment platforms for Southeast Asia or Latin America. These platforms usually have a simple App interface and support local languages, making the entire operation process easier to understand, especially suitable for users who are not familiar with the banking system.

Different platforms vary in transfer speed, handling fee charging methods, and security mechanisms. Therefore, when choosing a service, users should comprehensively consider factors such as actual needs, transfer amount, and arrival speed.

What Are the Usual Fees for Card-to-Card Transfers?

Any cross-card transfer service may involve various fees. Understanding the composition of these fees helps to make informed choices and control costs.

First is the transfer handling fee. Different platforms charge handling fees ranging from 0.5% to 3.0% according to the transaction amount, card type, and payment method. For example, transfers made by credit card may be slightly more expensive than those made by debit card, and some platforms also offer tiered discounts for high-frequency users.

Second is the currency conversion fee. When a transaction occurs between cards of two different currencies, the platform will automatically perform an exchange rate conversion. Usually, the conversion exchange rate will include a part of the service markup. Although this part of the fee is not directly shown as a “handling fee,” it will be reflected in the exchange rate, resulting in the payee actually receiving a slightly lower amount.

There is also a less common but existing fee type, the “resubmission fee” or “failed retry fee.” When the first transaction is returned due to verification failure or information error, the platform may charge an additional fee when the transaction is initiated again.

Before operating, users can check the platform’s fee calculator or transparent fee table to clarify the cost of each step and avoid incurring unnecessary expenses without knowing.

Are There Any Limits on the Single Transfer Amount?

Similar to inter-bank transfers, card-to-card transfers are also affected by the limit mechanism. The remittance platform itself usually does not set overly strict limits on the amount, but the payment gateway, card issuer, or regulatory agency may set the maximum daily or monthly transaction amount according to risk control policies.

For example, some payment platforms may stipulate that the maximum single transfer does not exceed $6,000, and the total transfer amount within 30 days may be limited to within $12,000. These limits are usually clearly shown after the user registers an account and may also be increased due to conditions such as the user’s identity verification level and transaction records.

In addition, some banks or card issuers will also limit or block the received amount when the international payment permission is not enabled or the “third-party receipt” function is not activated. Therefore, if you plan to make a large transfer, it is recommended to communicate with the payee in advance to ensure that their account has the necessary permissions.

In practice, most platforms provide a solution for multiple batch transfers, which provides users with a certain degree of flexibility to avoid limits. For users who need to transfer a high amount, it is crucial to choose a platform that supports high-frequency and large-amount processing.

How Long Does It Take for the Funds to Arrive? What Can Make It Faster?

When making cross-card transfers, one of the most concerning issues for users is the arrival time of the funds. Most mainstream service platforms claim that the funds will arrive within “a few minutes,” but the actual situation often varies due to various factors.

If the cards used by both parties in the transfer are from the same card issuer or are bound to the same financial network, the transfer process may be very fast, usually completed within a few minutes. However, if it is a cross-institution or cross-border operation, the processing time may take 1 to 3 working days, or even longer.

The speed of fund arrival is mainly affected by the following factors:

• Differences in card types: Prepaid cards, virtual cards, traditional credit cards, etc., have different processing methods;
• Platform processing speed: The clearing channel efficiency of different service providers is different;
• Identity verification progress: If additional information needs to be supplemented, identification documents need to be uploaded, etc., it will affect the transaction initiation time;
• Stability of the payment channel: Situations such as bank system maintenance and holidays may cause delays.

In order to minimize the arrival time, it is recommended to choose a platform with a good reputation and a stable clearing path and prepare complete identity and transaction information in advance. Many platforms also offer an “expedited” service, which speeds up the clearing process on the premise of paying a small additional fee and is suitable for users in a hurry.

Are There Any Risks in Card-to-Card Transfers?

Security is always the core issue of online transfers. Using well-known platforms for card-to-card transfers usually has basic encryption mechanisms, identity verification, and anti-fraud systems. However, the user’s own operation habits and platform selection are equally important.

First of all, try to avoid entering sensitive information such as card numbers in a public network environment. Using encrypted connections, enabling SMS verification, dynamic passwords, and other means can effectively prevent data leakage.

Secondly, choose a qualified and regulated remittance platform. Regular service platforms often have a KYC (Know Your Customer) authentication mechanism, that is, a process including identity card verification, address proof, and other links. This not only improves the platform’s compliance but also helps prevent fraud.

Be sure to check the payee’s information before the transfer, especially whether the card number and name match. Once filled in incorrectly, it is likely to cause financial losses or transfer failures. Some platforms have a confirmation link before the transaction or support transaction withdrawal, which can reduce the risk to a certain extent.

The most practical advice is: pay attention to the help center or user reviews provided by the platform, and choose a platform with stable service and quick support response, which will greatly improve the transaction success rate and the overall experience.

Conclusion

Transferring money from one card to another has become a frequently used method in daily transactions. It is not only suitable for cross-border remittances and small payments but also for temporary transfers or multi-currency operations. As long as you choose the right platform, prepare the information in advance, and understand the possible fees and limitations, you can easily complete the entire transfer process.

If you need to handle higher amounts and more frequent international remittances, you can also pay attention to some emerging payment tools. For example, BiyaPay is a multi-functional multi-asset wallet that supports remittance services covering most countries and regions around the world. It not only has no limit on the remittance amount but also adopts the local remittance mode with the highest efficiency and the lowest risk, making users more secure in terms of speed and safety. For users with cross-currency and cross-platform transaction needs, it is a reliable choice.