Is transferring money from credit card to a bank account affect credit score?
Thankfully, there is no direct impact on your credit score when you transfer money from your credit card to your bank account.
Do foreign transactions affect credit score?
In other words, credit score and unpaid debts from one country don’t impact your credit score in another country. Depending on your credit score and debt history back home, this could be a boon or a bane.
Whats better money transfer or balance transfer?
A balance transfer allows you to move debt from one credit card to another, in your name only. This could save you money if you’re paying a higher rate of interest on the credit card with the existing balance. A money transfer allows you to borrow money on your credit card and transfer it to your current account.