Check and Download HDFC Credit Card Bill Statement
About Credit Card Bill Payment
A credit card allows you to access short-term credit from banks for immediate payments. It is crucial for credit card users to remember the credit card bill date and ensure that dues are cleared monthly. Failing to pay the credit card bill on time results in interest charges and late fees. To avoid unnecessary late fees and interest, you can make online credit card payments using MobiKwik, a digital payment app that offers exciting bill payment offers, including cashback.
MobiKwik provides a convenient and efficient way to manage your credit card bill payments, making it easier to stay on top of your finances.
How to Make Credit Card Bill Payment on MobiKwik
Making your credit card bill payment through MobiKwik is straightforward. Follow these steps to pay your credit card bill online for any bank, such as HDFC Bank, SBI, Axis Bank, etc., in just a few clicks. You can also save money by availing yourself of various Credit Card Bill Payment Offers available on the MobiKwik app.
Download the MobiKwik App:
For Android users, download from the Play Store.
For iOS users, download from the App Store.
Log In:
Enter your mobile number to receive an OTP and log in to the app.
Proceed to the "Recharge and Bill Pay" Section:
Alternatively, directly tap on the “Credit Card Payment” option.
Enter Details:
Input your credit card number and the billing amount.
Apply any coupons you have to avail of discounts.
Make the Payment:
Click the “Proceed” button.
Choose your preferred payment mode on the next screen.
Enter the required credentials and tap on the "Pay Now" button.
For Visa cards, MobiKwik supports payments for all banks. For other cards, you can make bill payments for the following banks:
American Express
Andhra Bank
Axis Bank
Bank Of Baroda
Canara Bank
CITI Bank
City Union Bank
HDFC Bank Ltd
ICICI Bank Ltd
IDBI Ltd
Indusind Bank Ltd
Ratnakar Bank Ltd (RBL)
Standard Chartered Bank Ltd
State Bank Of India
Syndicate Bank
United Bank Of India
Yes Bank
Benefits of Using MobiKwik for Credit Card Payments
Convenience: MobiKwik allows you to make payments from the comfort of your home, eliminating the need to visit a bank or ATM.
Cashback Offers: Take advantage of various cashback offers and discounts when you pay your credit card bill through MobiKwik.
Security: MobiKwik uses advanced security measures to ensure that your transactions are safe and secure.
Speed: Payments are processed quickly, ensuring that your credit card bill is paid on time, avoiding late fees and interest charges.
Frequently Asked Questions about Credit Card Payment
Can I only pay the minimum due amount?
Yes, you can pay the minimum due amount, but doing so regularly can negatively impact your credit score.
Do I need to pay my credit card in full?
Ideally, you should pay your credit card bill in full each month. If you cannot, try to keep the balance as low as possible to maintain a healthy credit score.
When should I pay my credit card bill?
You should pay your credit card bill before the due date to avoid late fee charges.
How much should I pay on my credit card to avoid interest?
To avoid interest, you need to pay your credit card bill in full before the grace period expires, typically between 21 and 27 days from the billing date.
Does late payment affect my credit score?
Yes, late payments can adversely affect your credit score. A history of late repayments suggests that you are an unreliable borrower.
How will I get confirmation after making the payment?
After making the credit card bill payment, MobiKwik will send you a confirmation via in-app notifications, push notifications, and SMS.
How long does it take to process the credit card bill payment on MobiKwik?
It usually takes 2-3 business days to process the credit card bill payment on MobiKwik.
How can I pay my credit card bill?
Paying your credit card bill via MobiKwik is very simple. Follow these steps:
Download the MobiKwik App: Select ‘Recharges and Bill Payment’.
Select ‘Credit Card’: Enter your credit card number.
Enter the Amount: Specify the amount you wish to pay.
Click on ‘Pay Now’: Complete the transaction.
Tips for Managing Your Credit Card Payments
Set Up Reminders: Ensure you never miss a payment by setting up reminders on your phone or calendar for the due date of your credit card bill.
Use Auto-Pay: If your bank or credit card provider offers an auto-pay feature, consider setting it up to automatically pay your bill each month.
Monitor Your Spending: Keep track of your credit card spending to avoid overspending and ensure you can pay your bill in full each month.
Review Statements Regularly: Regularly check your credit card statements to identify any unauthorized transactions and keep track of your spending.
Keep Your Credit Utilization Low: Aim to use less than 30% of your credit limit to maintain a healthy credit score.
By following these steps and tips, you can effectively manage your credit card payments, avoid late fees and interest charges, and maintain a good credit score. Utilizing digital payment apps like MobiKwik can further simplify the process and offer additional benefits such as cashback and discounts.