If the grace period applies to transfers and the bank does not charge a commission for them under the terms of the agreement, then you can independently choose the method of sending money.
The most popular options are:
Mobile application or personal account of the bank.
ATMs, self-service terminals.
Transfers via SMS are less available – banks are gradually abandoning them due to the increased risk of fraud.
Online transfers are at the peak of popularity. Including vietnam mobile database through the Fast Payment System - by the recipient's phone number. Transfers via the FPS within the limit are not subject to commission, arrive instantly and remain one of the most convenient ways to quickly send money.
What you need to know about credit card transfers
A credit card with a grace period for transfers allows the holder to send money to themselves or others without overpaying for a certain period. However, the bank may set individual restrictions that make transactions more or less profitable. Therefore, before applying for a credit card, it is worth clarifying the terms of service and current transfer limits.
Terms of Service
Each bank independently sets the rules for using its credit cards. They can be general or individual for each client. The conditions are fixed in the agreement, which is important for the borrower to read.
What should interest you first of all:
Grace period - what does it apply to, how long does it last, when does it start counting? These are the main factors. Usually, the grace period is counted from the first day of the month or billing period, less often - from the moment of purchase, transfer or withdrawal. The grace period can apply to all card transactions or only to some.
Interest rate – for making payments, transfers, cash withdrawals. It can be uniform or individual for each transaction. It is important to know the rate even when applying for a credit card with a grace period – it is possible that you will go beyond it.
Service cost – free in all cases or upon fulfillment of certain conditions, or paid with a fixed or floating cost.