To transfer money from your credit card to a bank account, you’ll need a money transfer card or one that has this ability. Transferring money is quite simple and can be done online or by phone. You’ll have to provide the sort code and account number and the transfer can take as little as two hours up to a couple of days, depending on who you bank with, your credit card provider and anti-fraud checks.
Depending on your credit card and any special deal that might apply, you will likely have to pay a fee on top of whatever sum you transfer. In addition, make sure you are aware of what, if any, interest will be charged and if you have any 0% interest-free periods that you can take advantage of.
If you cannot transfer money directly from your card to your bank account, you might be tempted to withdraw cash from an ATM on your credit card to deposit in your account. However, before you do, make sure you read our Beware of credit card cash advances guide.