Want to transfer funds from a credit card to bank account? Here are the instructions that you need to follow. Credit Cards are lifeline whenever you are in a financial crunch. It gives the option of buying things on credit which you can repay later. However, credit cards cannot be used for certain types of transactions, such as payment for stocks, mortgages. In such a scenario, you can transfer your balance from credit card to your savings account. Here are the steps to transfer money from credit card to Bank.