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How to Pay your Credit Card Bill Conveniently

The best credit cards in India, like Bajaj Finserv RBL SuperCard, offer most of these payment facilities keeping your convenience in mind.

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Here’s a snapshot of how you can pay your credit card bills with ease.

While you can use a credit card to pay for an array of needs and requirements in a simple swipe or click, you can pay your credit card bill conveniently too. Issuers offer a range of online and offline payment options to make it easier for you to clear your dues and enjoy the perks of credit cards hassle-free. Here’s a snapshot of how you can pay your credit card bills with ease.

 

  1. Online modes of credit card bill payment

     You can choose to pay your credit card bill online to save on time and energy. Here are the most popular ways.

 

  • Through net banking

 


You can make your credit card bill payment via net banking after registering yourself for this service. By linking a credit card to your net banking account, you can pay your credit card bills in just a click every month. In this case, your credit card account becomes a beneficiary in your account. For added security, you can set a maximum cap for the transactions based on your average monthly bills. This ensures that no fraudulent transactions are carried out.

 

 

  • Through mobile banking or via an app

 


You can also use your bank’s mobile banking app to pay your credit card bill. You just have to install the app on your device and log into the app. Your linked credit card account is protected with high security and hence, you can pay using this mode through your savings or current account without worrying about cyber theft. Conversely, you can also add your issuer’s app to your smartphone and pay via their bill desk directly.

 

 

  • Through the NACH facility

 


If paying your credit card bill every month is a hassle for you, the best way is to register yourself for the NACH facility. Submit the NACH form to the credit card issuer to link your existing savings or credit account with the credit card and make automated bill payments on a monthly basis.

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Your linked credit card account is protected with high security and hence, you can pay using this mode through your savings or current account without worrying about cyber theft. Pixabay

 

  • Through NEFT

 


If you want to pay your credit card bill from an account that you hold with another financial institution, you can do it through NEFT. Just remember that any payments that you make after business hours of the financial institution are credited on the next business day.

 

 

  • Through bill desk

 


You can go to the issuer’s website and use their bill desk to pay your credit card bill. You just have to fill out the requested details like your name, your credit card number and the bill amount. Next, you will be redirected to the issuer’s net banking portal where you can complete your bill payment. If your transaction is successful, you will receive a confirmation and a transaction reference number, which you should save for future reference.

 

  1. Offline modes of credit card bill payment

 

You can also pay your credit card bill offline through the modes listed below.

 

 

  • Through cash

 


To pay your credit card bills in cash, visit the nearest issuer’s branch and proceed with the payment procedure. However, when you pay by cash you’ll usually have to pay a processing fee per credit card bill payment to the issuer.

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If your transaction is successful, you will receive a confirmation and a transaction reference number, which you should save for future reference. Pixabay

 

  • Cheque payment

 


If you want to pay your credit card bill using cheques, visit your nearest issuer’s branch and drop off the cheque with your credit card number and other details on it. You can also drop cheques at your issuer’s drop box at various registered locations.

Cheque payments need 3 working days to be cleared. So, if you are paying your bills by cheque then pay it at least 3-4 ahead of your due date. This will ensure that your payment reflects within the due date so that you avoid a penalty on your next bill.

 

 

  • Through ATMs

 

 

You can pay your credit card bills via any of the nearest ATMs of the bank where you hold an account. The benefit of using this mode of offline payment is that it is available to you 24/7.

Also Read: Jeetendra, Asha Parekh’s 1971 ‘Caravan’ to be Screened at China’s Fest

The best credit cards in India, like Bajaj Finserv RBL SuperCard, offer most of these payment facilities keeping your convenience in mind. For example, you can easily pay your SuperCard bill by using the RBL MyCard App. Other than making credit card payments, you can also manage your credit card account, keep a tab on your transactions, and even download the monthly credit card statements using this app.

 

Moreover, if you use a SuperCard, you can also enjoy other benefits like interest-free cash withdrawal from your credit limit for up to 50 days, interest-free emergency loans from your credit limit for up to 50 days and conversion of purchases above Rs.3,000 into 3 easy EMIs. To enjoy all these benefits, check out the pre-approved offers from Bajaj Finserv to speed up your application and avail instant credit. 

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Why Should You Own a Credit Card?

Before owing a card, you must properly go through the terms and conditions which might be applicable on its ownership

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Credit Card
Opt for a credit card that offers multiple benefits.

A credit card basically works similar to a debit card; the only difference prevailing in its use is that the money would not get deducted from your account instantly, whenever you make a purchase. In fact, it is just like taking a short-term loan for which you may or may not get charged an interest for, depending on the time period during which you pay off that debt. You generally get a grace period to pay off the debt, generally a month in most of the cases, in which case you might not have to pay an interest for the used credits However, if you decide to pay off the debt after the due time, you might have to pay off hefty interest rates. Let us dig a bit deeper into the credit card world to know about them in detail.

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A person using credit card for transaction, Pixabay

Why Own a Credit Card?

Using a credit card wisely can benefit you in a number of ways for your future financial aspects A wisely used card, without any defaults might increase your credit score which can help you get loans in the future at favorable interest rates. Moreover, several banks and financial organizations offer exciting deals on shopping, traveling and other modes of payments along with cashback points which you can redeem on further payments. Moreover, owning and using a card wisely can also help you out in case of financial emergencies.

How to use your Credit Responsibly?

Many people misuse their credits and land up with huge debts along with heavy interest to be paid off. To avoid such situations and make the best out of a card ownership, you must be aware of your limits and must strictly avoid overspending. People usually end up spending a lot more through their credit availability, just because they can than what they can actually pay off by the end of the due date, which lands them up with huge interests to be paid off which keeps on increasing with each passing them. Ownership of a credit card needs critical financial backings along with responsible spending.

Credit Card
Every financial institutions issuer has different credit card eligibility criteria. Flickr

One can actually make a lot out of a credit usage, make proper use of it in case of emergencies and also lure out a lot of benefit through shopping wisely and collecting back exciting redeemable points. Moreover, using a credit card allows you one-month interest-free usage which you can actually take an advantage of to invest that money properly during that one month and pay back the financial providers within the stipulated time.

Also Read: Mobile Banking Becomes Main Personal Banking Channel in Singapore

However, before owing a card, you must properly go through the terms and conditions which might be applicable on its ownership, some banks and financial providers might free of cost card usage, along with some credit usage terms, however, some might charge you some annual charges. Going through the interests applicable and any kind of other hidden information and doubts must also be cleared off before opting for any card of any specific bank.