Credit cards have more or else replaced cash transactions. With attractive offers and cash back points it has become a household necessity.
Credit card can be a dangerous if you fail to make paymentS on time or repeated late payment can impact your credit score.
Here are different ways in which you can make payment FOR CREDIT CARDS:
Registered Net Banking enabled account holders can transfer the outstanding Credit Card amount online.
One can link your Credit Card to Net Banking or one can make payment of credit cards of other banks also.
ATM Funds Transfer
All you have to do is walk in to any Bank ATM in India, at any time and transfer the bill amount from your Savings or Current Account to your Credit Card Account.
Banks like HDFC will allow you to make payments through mobile banking. Go to the 'Credit Card' tab, choose 'Credit Card Payment' and make the payments using your HDFC Bank Savings Account.
With more banks releasing their apps, it will be easy to make credit card payments through app.
NEFT/ Visa Money Transfer
For other bank account holders You can transfer funds from any other bank account to your Credit Card account electronically. Use IFSC Code of the respective bank for card payment through NEFT.
You can provide standing instructions to debit your Bank for automatic payment for either the minimum amount due or the total monthly outstanding amount on your Credit Card.
Walk into your Bank branch and make your Credit Card payment by cash. Note: Cash payments at branches/ATMs will be charged a cash processing fee of Rs. 100/- per payment
You can deposit a local cheque, having made it payable to the BANK Card A/c (you should mention your Credit Card number) at any of our drop boxes located at ATMs and branches in your city.
As can be seen there are a number of ways in which you can make payments for your credit card bill. You can choose the best option that suits you, though one must admit that NEFT and other net banking mechanisms would be safe and convenient.