Following are the steps to do so: Login to your HDFC Bank mobile app Click on the credit card in your app Select the “Download Billed Statement” option Select the month for which you want to check the statement and click on Download Your HDFC Credit Card statement will be downloaded to your smartphone
How do I know my credit card billing cycle?
The start and end dates of your billing cycle are generally mentioned on the first page of your credit card statement Your credit card issuer may have listed the number of days in your billing cycle or else you can count the number of days, starting with the opening date till the closing date
How can I change my HDFC credit card billing cycle?
Requests to change your billing cycle are not being accepted by HDFC Bank You can, however, contact customer service and explain why you’d like to adjust your billing period They may review and grant your request if you have a valid reason
How do I choose my billing cycle?
You can find your credit card billing cycle listed on your monthly statement You’ll notice the start and end dates for your billing period are typically located on the first page of your statement, near the balance Your card issuer may list the number of days in your billing cycle, or you’ll have to do some counting
Which billing cycle is best?
Although RBI has directed the banks to give a grace period of 3 days after the due date to the cardholders, it is best to clear your dues on or before the due date The day of payment is usually 20 days after the statement date In the above example, the billing date would be the 6th or 7th of May
How do I change my credit card billing cycle?
To actually make the change, call your credit card issuer’s customer service department using the number on the back of your card They’ll ask for your desired due date, then make the change You also may be able to log on to your online account and make the change yourself
What happens if I dont pay my credit card bill HDFC?
If you fail to pay even the minimum amount due on your HDFC credit card, you will be charged a late payment fee that would be added to your next statement If you don’t make the payment even after all of these, the bank may suspend the facility on your credit card
What happens if I pay my credit card bill after the due date?
Late fee You will have to pay a late fee if you pay your bill after the due date The late fee would be charged by the bank in your next credit card bill In a recent move, the Reserve Bank of India (RBI) has directed banks to charge late fee only if the payment has been due for more than three days after the due date
How can I know my HDFC credit card balance?
Check HDFC Credit Card Balance Through Netbanking Login to HDFC net banking using the customer ID and IPIN From the main menu, select ‘Cards > Active Cards’ All the credit cards linked to the online account will get displayed along with Available Credit’ as well as the ‘Statement Balance’
What if I pay my credit card bill before bill generation?
Paying your credit card balance before its statement closes can lower your interest payments and increase your credit score This is because paying early leads to lower credit utilization and a lower average daily balance
What is my billing cycle discover?
Billing Cycle The length of time between your statements Discover Card billing cycles are approximately one month in length
What is billing due date?
Your Billing Date is the first day of your billing cycle and the date your bill is issued A billing cycle usually starts on your connection date and lasts for the next 30 days Your New Charges Due Date is the date by which you must pay your bill
What does 15 billing cycles mean?
The billing cycle for a credit card or any type of monthly account is the period of time between billings Or, it may go from the 15th of one month to the 15th of the next Credit card billing cycles are varying lengths, usually ranging from 28 to 31 days, depending on the credit card and the issuer
How do I know the closing date of my credit card?
You can calculate it by adding the number of days in your billing cycle to the previous account statement closing date (which is included in your billing statement) For example, say your previous credit card statement had an account closing date of April 2, and there are 29 days in your billing cycle
Can I pay credit card bill multiple times a month?
Making Multiple Payments Can Help You Avoid Late Payments You’re not required to wait for your monthly statement to make payments on your credit card; you can make a payment at any point in the month, either to cover your full balance or part of it The best reason to do so is to avoid late credit card payments
Why is billing cycle important?
Billing cycles guide companies on when to charge customers, and they help businesses estimate how much revenue they will receive Billing cycles help customers regulate their expectations regarding the payment timetables so they can budget their money responsibly
How can I view my credit card statement online?
You can view your credit card statement online at any time by logging into your online credit card account and navigating to the statement information If you’ve opted into electronic statements, your card issuer should send you an email every month when your new statement is available
Can you go to jail for not paying your credit cards?
Not being able to meet payment obligations can make anyone feel anxious and worried, but in most cases, you won’t have to worry about serving jail time if you are unable to pay off your debts You cannot be arrested or go to jail simply for being past-due on credit card debt or student loan debt, for instance
Can you go to jail for not paying credit card bills in India?
You won’t go to jail if you don’t pay your credit card payments because it’s not a criminal offence They could take legal action in a court of law for failure to pay a credit card bill, and a civil complaint might be filed
Can I pay all EMI of credit card at once HDFC?
Can I Pay All The EMI at Once at HDFC? Whether you have taken a personal loan, home loan, car loan, or any other loan product from HDFC, the bank allows you to repay the remaining EMIs at one go Repaying all EMIs at once is known as pre-closing the loan account