Credit card payment

[shukla]

If I pay credit card Bill in the exact due date, will I be charged interest.

 

[zacobite]

If I pay credit card Bill in the exact due date, will I be charged interest.

upto 3 days.. maybe not.. but try paying 3-5 days early.. to avoid delayed payments due to system issues

 

[shukla]

upto 3 days.. maybe not.. but try paying 3-5 days early.. to avoid delayed payments due to system issues

If payment is successful then no issues, right?

 

[zacobite]

If payment is successful then no issues, right?

received by bank on time no issues.. debit from your account doesn't mean bank has received

 

[rajarshi]

Agreed

received by bank on time no issues.. debit from your account doesn't mean bank has received

Agreed . Better go with CRED app.

 

[Bharatiya Nagrik]

If I pay credit card Bill in the exact due date, will I be charged interest.

Kuch Toofani kyun karna hai bro. Pay atleast 3 days in advance. Why do you want to take unnecessary risk?

 

[Neeraj920]

If you have same bank saving account, just choose auto deduct so that you don't need to worry about payment due date.

 

[hitirfan]

Agar direct uski bank/ net banking/ app mai payment karenge to wo immediately ponch jati hai. Dusri apps se time lagta

 

[wcgxlr8]

I think a more concerning thing from my POV would be its impact on your credit score. (subjective to how old is your card/loan and also, the credit history you have maintained).

 

[akshaychopra96]

So many people don't know, we still have 3 days after the due date to pay the credit card bills.

"As of July 2023, the Reserve Bank of India (RBI) has given credit cardholders a three-day grace period to make payments without incurring late fees."

But as others have mentioned, it's not a great idea to go far for this deadline.
Please pay in advance, enjoy the cashback and be stress free!

 

[Bharatiya Nagrik]

So many people don't know, we still have 3 days after the due date to pay the credit card bills.

"As of July 2023, the Reserve Bank of India (RBI) has given credit cardholders a three-day grace period to make payments without incurring late fees."

But as others have mentioned, it's not a great idea to go far for this deadline.
Please pay in advance, enjoy the cashback and be stress free!

Yes this policy is there but no bank follows that. Every bank will add late fees the very next day.
As you said why go so far till the deadline and take unnecessary headache.