diff --git a/src/core/pad.cpp b/src/core/pad.cpp
index 841b08c0d..8ce4151b6 100644
--- a/src/core/pad.cpp
+++ b/src/core/pad.cpp
@@ -293,6 +293,14 @@ void Pad::SetMemoryCard(u32 slot, std::unique_ptr<MemoryCard> dev)
   m_memory_cards[slot] = std::move(dev);
 }
 
+std::unique_ptr<MemoryCard> Pad::RemoveMemoryCard(u32 slot)
+{
+  std::unique_ptr<MemoryCard> ret = std::move(m_memory_cards[slot]);
+  if (ret)
+    ret->Reset();
+  return ret;
+}
+
 u32 Pad::ReadRegister(u32 offset)
 {
   switch (offset)
diff --git a/src/core/pad.h b/src/core/pad.h
index dd5c18c15..88d73deca 100644
--- a/src/core/pad.h
+++ b/src/core/pad.h
@@ -28,6 +28,7 @@ public:
 
   MemoryCard* GetMemoryCard(u32 slot) { return m_memory_cards[slot].get(); }
   void SetMemoryCard(u32 slot, std::unique_ptr<MemoryCard> dev);
+  std::unique_ptr<MemoryCard> RemoveMemoryCard(u32 slot);
 
   Multitap* GetMultitap(u32 slot) { return &m_multitaps[slot]; };
 
diff --git a/src/core/system.cpp b/src/core/system.cpp
index 510f3886d..12485712d 100644
--- a/src/core/system.cpp
+++ b/src/core/system.cpp
@@ -1836,6 +1836,19 @@ void UpdateMemoryCards()
   }
 }
 
+bool HasMemoryCard(u32 slot)
+{
+  return (g_pad.GetMemoryCard(slot) != nullptr);
+}
+
+void SwapMemoryCards()
+{
+  std::unique_ptr<MemoryCard> first = g_pad.RemoveMemoryCard(0);
+  std::unique_ptr<MemoryCard> second = g_pad.RemoveMemoryCard(1);
+  g_pad.SetMemoryCard(0, std::move(second));
+  g_pad.SetMemoryCard(1, std::move(first));
+}
+
 void UpdateMultitaps()
 {
   switch (g_settings.multitap_mode)
diff --git a/src/core/system.h b/src/core/system.h
index 1dfd11036..3e60dea98 100644
--- a/src/core/system.h
+++ b/src/core/system.h
@@ -181,6 +181,8 @@ void UpdateControllers();
 void UpdateControllerSettings();
 void ResetControllers();
 void UpdateMemoryCards();
+bool HasMemoryCard(u32 slot);
+void SwapMemoryCards();
 void UpdateMultitaps();
 
 /// Dumps RAM to a file.
diff --git a/src/frontend-common/common_host_interface.cpp b/src/frontend-common/common_host_interface.cpp
index e02b5887f..26d2dca7a 100644
--- a/src/frontend-common/common_host_interface.cpp
+++ b/src/frontend-common/common_host_interface.cpp
@@ -1999,6 +1999,12 @@ void CommonHostInterface::RegisterGeneralHotkeys()
                    }
                  });
 
+  RegisterHotkey(StaticString(TRANSLATABLE("Hotkeys", "General")), StaticString("SwapMemoryCards"),
+                 StaticString(TRANSLATABLE("Hotkeys", "Swap Memory Card Slots")), [this](bool pressed) {
+                   if (pressed && System::IsValid())
+                     SwapMemoryCards();
+                 });
+
 #ifndef __ANDROID__
   RegisterHotkey(StaticString(TRANSLATABLE("Hotkeys", "General")), StaticString("FrameStep"),
                  StaticString(TRANSLATABLE("Hotkeys", "Frame Step")), [this](bool pressed) {
@@ -3564,6 +3570,38 @@ void CommonHostInterface::ToggleWidescreen()
   GTE::UpdateAspectRatio();
 }
 
+void CommonHostInterface::SwapMemoryCards()
+{
+  System::SwapMemoryCards();
+
+  if (System::HasMemoryCard(0) && System::HasMemoryCard(1))
+  {
+    g_host_interface->AddOSDMessage(
+      g_host_interface->TranslateStdString("OSDMessage", "Swapped memory card ports. Both ports have a memory card."),
+      10.0f);
+  }
+  else if (System::HasMemoryCard(1))
+  {
+    g_host_interface->AddOSDMessage(
+      g_host_interface->TranslateStdString("OSDMessage",
+                                           "Swapped memory card ports. Port 2 has a memory card, Port 1 is empty."),
+      10.0f);
+  }
+  else if (System::HasMemoryCard(0))
+  {
+    g_host_interface->AddOSDMessage(
+      g_host_interface->TranslateStdString("OSDMessage",
+                                           "Swapped memory card ports. Port 1 has a memory card, Port 2 is empty."),
+      10.0f);
+  }
+  else
+  {
+    g_host_interface->AddOSDMessage(
+      g_host_interface->TranslateStdString("OSDMessage", "Swapped memory card ports. Neither port has a memory card."),
+      10.0f);
+  }
+}
+
 bool CommonHostInterface::ParseFullscreenMode(const std::string_view& mode, u32* width, u32* height,
                                               float* refresh_rate)
 {
diff --git a/src/frontend-common/common_host_interface.h b/src/frontend-common/common_host_interface.h
index 5ee830f69..f26e3bed7 100644
--- a/src/frontend-common/common_host_interface.h
+++ b/src/frontend-common/common_host_interface.h
@@ -274,6 +274,9 @@ public:
   /// Toggle Widescreen Hack and Aspect Ratio
   void ToggleWidescreen();
 
+  /// Swaps memory cards in slot 1/2.
+  void SwapMemoryCards();
+
   /// Parses a fullscreen mode into its components (width * height @ refresh hz)
   static bool ParseFullscreenMode(const std::string_view& mode, u32* width, u32* height, float* refresh_rate);