A woman is entering her credit card information into a laptop, while sitting on a couch.

How to Send Money With a Credit Card

6 min read

Last Updated: May 7, 2025

Table of contents

Key Takeaways

It’s possible to send money with a credit card using a mobile app, money transfer service, or cash advance.
Most money transfer apps charge a transfer fee for using a credit card.
Some credit card companies treat money transfer app payments as cash advances, resulting in a cash advance fee and the immediate accrual of interest.

Did you know it’s possible to send money with your credit card? This could be useful the next time you want to send money to a family member on their birthday or split a dinner bill with friends.

There are several simple and convenient methods you can use to transfer cash with a credit card. Each includes different fees and features.

Ways to transfer money online with a credit card

There are a variety of apps and online services that allow you to send money online using a linked credit card. Some popular money-sharing apps include Cash App, PayPal, and Venmo.

Keep in mind that your credit card company might treat payments from money-sharing apps as cash advances, which could result in additional fees and the immediate accrual of interest.

Cash App: With a Cash App account, you can use your phone to send and receive money, make purchases, and even invest. The person you’re sending money to will need to have a Cash App account to receive money. While Cash App doesn’t charge any fees for standard transfers linked to your bank account or debit card, their terms and conditions state that a transfer from your credit card will cost you a 3% fee, as of March 4, 2025.
PayPal: PayPal¹ is another popular and convenient payment app that allows you to send, receive, and request money from anyone who has an account with PayPal. Sending money to a family member or friend in the U.S. is free when you use your PayPal cash balance or linked bank account. Transferring from a linked credit card will cost you on two fronts, according to their terms and conditions. First, PayPal has a fixed fee of $0.30 per transaction. Second, PayPal charges a percentage fee of 2.9% of the transfer amount, as of January 13, 2025.
Venmo: Venmo is a digital wallet that allows you to send and receive money. Venmo doesn’t charge an additional fee for a money transfer from your cash balance, debit card, or linked bank account. Their terms and conditions explain that any payments funded by your credit card will cost you a 3% fee, as of June 27, 2024.

With each of these money transfer services, you can expect to pay a transfer fee, which will vary on a few conditions:

How much money you send
How quickly you want to send it
Where you want to send it (domestically or internationally)

Send money with a cash advance

If you need immediate access to money but don’t have savings to tap into, you can also use your credit card for a cash advance. With a cash advance, you can borrow cash against your available credit.

While a cash advance is one of the more convenient ways to get fast access to cash, it can also be expensive, depending on your credit card issuer. Typically, cash advance transactions also aren’t eligible purchases for credit card rewards.

Did you know?

Some credit cards, like Discover, may allow for cash advances into eligible checking accounts, from an ATM, or directly from authorized banks and credit unions.

Learn More

Wire transfer

A wire transfer allows you to send money from your financial services account to someone else’s account electronically, according to the Consumer Financial Protection Bureau. Western Union and MoneyGram are wire transfer services that can move money between hundreds of countries and territories around the world.

You may use a wire transfer to send funds from your credit card account. However, it’s usually an expensive option. Wire transfer fees can be costly, especially if you’re sending money to another country. When you send money from your credit card account, you might also owe cash advance fees.

Are there charges to send money with a credit card?

Yes, when sending money with a credit card, you can expect to pay fees. In some cases, the resulting balance will also have a higher interest rate.

Some credit card companies treat a money transfer from your card through an app or money transfer service as a cash advance. So, on top of any transfer fees charged by the app or service, you may also have to pay a cash advance fee. Cash advance fees are usually a percentage of the total amount of your transaction (which could be 3% or 5%) or a flat fee (usually around $10), whichever is greater. If you use an ATM to take out a cash advance, you might also have to pay additional ATM fees.

In many cases, a cash advance has a higher interest rate than what you pay for credit card purchases. Look at your latest credit card statement to find out the exact rate.

In addition, unlike regular credit card transactions, cash advances don’t have a grace period before charging interest. A grace period is the time between the end of your billing cycle and the date your payment is due—typically a period of 21 days.

When you use your credit card for a cash advance, you’ll likely start to accrue interest on the day of the transaction. You may want to make a credit card payment as soon as possible to minimize the interest your credit card account accrues. If you carry a high credit card balance because of the cash advance, your credit score may suffer.

How much money can you send with a credit card?

On many credit cards, the withdrawal limit for a cash advance is lower than your overall credit limit. This amount can vary depending on the terms of your credit card issuer as well as your total available credit at the time. To determine your credit card cash advance limit, you can contact your credit card company directly using the number on the back of your card.

The bottom line

There are several ways to send money from your credit card, and there are pros and cons to consider for each. If you don’t have any available savings but you really need to get money to a family member or friend, then using your credit card through an app like Venmo or a wire transfer service like Western Union could provide a quick solution. However, each transaction comes with a cost. To avoid any unexpected fees or extra interest charges, research your options before you start sending money with your credit card.

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