Unlimited benefits with a start-to-finish digital process with IDFC First Bank Home Loans
The only FASTag with triple benefits
With new features and benefits added every day, credit cards are slowly integrating deep into the day-to-day lives of consumers. There are not many people in cities who do not use credit cards. Surprisingly, they have become a necessity, and if you know how to use it by paying the dues in full, you can establish a good credit score by building a healthy credit history.
You receive a credit card statement every month, with the details of transactions, total amount payable and payment due date. You are required to pay the amount in full or the minimum amount to maintain a good credit score, but how do you make a credit card payment?
Another method of credit card bill payment is by using the National Electronic Funds Transfer (NEFT). It is transfer of funds from your bank account to your credit card account. Though the standard process is explained below, it may differ in some banks.
You can make your credit card bill payment easily via Immediate Payment Service or IMPS. To pay through this reliable service, you need to:
When it comes to making a credit card payment, the issuing bank allows you to make instant payments through BHIM UPI or Google Pay app. You need to follow the steps explained below:
Other than the online payment options and credit card payment app on mobile, you can make the credit card bill payment at the issuing bank’s branch. IDFC FIRST Bank allows you to deposit cash or cheque at the nearest branch by providing your card details.
This is not possible; however, you can use a credit card to withdraw money from the ATM and make the other credit card payment. It is not advisable to pay like this as it will prove to be quite expensive later. The other way is to transfer the balance to another credit card if the interest rate is lower and the interest-free period on that card is higher than the earlier one.
If you still want to know how to pay bill of credit card, click here.
For a new credit card, visit the IDFC FIRST Bank website here.
The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.