It should be a no-brainer at this point that you should pay your credit card bill in full. Not the minimum amount due, not on EMI, but the whole amount in one go, on or before your due date. If you don’t, well, you might simply be getting into some serious debt.
Let’s take a quick look at how you can pay your credit card bill. There are many ways to do it; let’s dive in.
This is a convenient way to pay your credit card bills. Here are the steps you need to follow:
You can make an NEFT payment to pay your credit card bill online. This way, you can make credit card bill payments from any bank’s net banking account. This also makes it easy to transfer funds from your savings account to your credit card account.
Factors worth noting here are as follows.
This is one of the best and most hassle-free ways of making credit card bill payments. You also avoid risks associated with missing any credit card re-payments. This is because Auto-Debit, as the name suggests, automatically deducts money from the account you’ve linked it to.
The steps involved with this method of credit card bill payment are as follows.
A number of mobile wallets now offer facilities that help you pay your credit card bills. Here’s how you cna go about it:
The IMPS or Immediate Payment Services lets you make a credit repayment pretty much instantly.
You can make your credit card bill payment at your nearest ATM, provided you have a debit card issued from the same bank as your credit card. Follow the steps mentioned below to complete this transaction.
You can pay your credit card bill offline by submitting a cheque or demand draft issued to your credit card account at any ATM drop box or bank branch. Simply ensure the following.
Since cheques take some time to be processed it is vital that you take this into account and make your credit card bill payments within your billing cycle.
A number of credit card issuers provide their customers with the ability to make credit card bill payments by contacting support staff. That said, it is mandatory for users to have a savings or current account with the bank that issued them their credit card. To make a credit card payment via your card provider’s customer support service, simply follow the steps listed below.
Not all banks provide this facility so you must confirm this with your bank prior to making any payments.
Visit your credit card issuer’s nearest bank branch to pay your credit card bill over the counter. After reaching out to a staff member, follow the steps listed below.
There exist a number of ways by which you can make credit card bill payments. Ultimately, however, your personal preferences will determine whether online or offline payments are best suited to you. That said, online payments are easy and safe. Further, they don’t require you to step out of the comfort of your home.
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You can pay your credit card bill online or offline. Online methods include but aren’t limited to mobile wallets and internet banking. Some offline credit card bill payment methods include using an ATM and contacting customer service.
Credit card bills can be paid online as well as offline.
Paying your credit card bill online serves as the fast way to have your transaction processed. You can carry out this payment by using a mobile wallet, NEFT, IMPS, internet banking, mobile wallet, auto debit facility or by using BillDesk.
Here are five things to keep in mind as you read your credit card bill -
Credit card bills provide you with information about your transactions, credits, transfers, penalties or fees, interest charges and any balance due. Make sure to go through your credit card bills thoroughly to know if all charges and payments are validated by you.
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