Call transferring method and device for a multi-channel terminal are provided. The method includes: receiving an incoming call request from a first remote subscriber and setting up a call with the first remote subscriber based on a first service channel; and connecting the first service channel with a second service channel to forward service data of the first remote subscriber to a second remote subscriber and forward service data of the second remote subscriber to the first remote subscriber through the first and second service channels, wherein the first and second service channels are set up based on a current subscriber identity card. The method and device may improve flexibility of call transferring.