Credit card penalty

[piyush13]

Mere credit card ka bill Rs7500 aaya aur maine Rs2000 paid kiya within due date i.e 20March aur baki ka Rs5500 21March ko paid kiya to mujhe charges lgenge aur usse kaise bacha jaye

 

[Skylar]

March ko paid kiya to mujhe charges lgenge aur usse kaise bacha jaye

Costumer care ko call karke convince karo unko

 

[piyush13]

Costumer care ko call karke convince karo unko

Sirf 1 din ke liye miss hui h to v charges lgenge kya

 

[zacobite]

Mere credit card ka bill Rs7500 aaya aur maine Rs2000 paid kiya within due date i.e 20 March aur baki ka Rs5500 21March ko paid kiya to mujhe charges lgenge aur usse kaise bacha jaye

sirf thoda interest lagega.. aur koi chg nahi lagega as u paid min due.. and upto 3 days grace period is allowed.. call karke reverse karva lo.. kar denge

 

[piyush13]

sirf thoda interest lagega.. aur koi chg nahi lagega as u paid min due.. and upto 3 days grace period is allowed.. call karke reverse karva lo.. kar denge

Interest reverse ho jayega

 

[zacobite]

Interest reverse ho jayega

agar lagega tho reverse ho jayega.. 5000 rs par 30 din ka kya hi lagega? 100 rs?

 

[CatchTM]

There may not be any interest at all for 1 day.

The Reserve Bank of India (RBI) now requires banks to levy a late fee only if a credit card payment remains overdue for more than three days after the due date. This new guideline grants credit cardholders a three-day grace period during which they can make payments without incurring any additional charges.

 

[zacobite]

There may not be any interest at all for 1 day.

The Reserve Bank of India (RBI) now requires banks to levy a late fee only if a credit card payment remains overdue for more than three days after the due date. This new guideline grants credit cardholders a three-day grace period during which they can make payments without incurring any additional charges.

late fee is different from interest..

 

[zacobite]

Late fee is applied if you miss the minimum balance.

yes.. so interest may still be chgd by bank

 

[CatchTM]

yes.. so interest may still be chgd by bank

True. But I have not seen any interest for any amount, if I pay it even a day later than the due date. So I made that statement. Banks give that 1-2 days grace period in general (though not written anywhere).

My point is - if the bank doesn't consider it as Late, then why would they charge for it? That way late fee and interest are related.

 

[zacobite]

True. But I have not seen any interest for any amount, if I pay it even a day later than the due date. So I made that statement. Banks give that 1-2 days grace period in general (though not written anywhere).

cool.. thx.. thts what i said too..

 

[ahesartamboli]

Sirf 1 din ke liye miss hui h to v charges lgenge kya

agar ek hi din ke liye mis hota hai to charges nahin lagengeagar ek hi din ke liye mis hota hai to charges nahin lagenge