Long gone are the days when people actually used to visit official sites physically in order to deposit bills. Be it any payment, with easy internet access in today’s time, you are good to go with just a few taps on your smartphone. Moreover, it saves a lot of your time, money, fuel, and energy. But do you really visit your bank now as there is the facility of credit card bill payment online? Choosing the right app for payment is one of the best things you can do. To help you choose the right one, I’ll help you here!
It is a well-known fact that the Indian Government is on the ‘Digital India’ mission that aims to transform the entire country into a digitally empowered society and knowledge economy. Several measures to promote digital payments have definitely encouraged the population to adapt to them.
What is a credit card?
A credit card is a financial instrument issued by banks with a pre-set credit limit. It helps you make smooth, cashless transactions, and the bank sets the limit based on certain factors like credit history, credit score, and income.
Further, once you receive the bill, the bill can be repaid via the credit card bill payment app within a certain period without any interest. And after this grace period, interest is applied to your balance.
Now, honestly, it’s been around six months that I have been using the Bajaj Finserv app for all kinds of digital payments. So instead of using various apps for different payments like people usually do, I use this platform for all kinds of payments.
Which is the best app to pay credit card bill India & how to use it?
- Download the Bajaj Finserv app from App Store/ Play Store.
- Sign up with your personal details
- On the home page, go to the ‘Bills & Recharges’ section.
- When you enter this section, go to the bottom and choose Credit Card under the ‘Financial Services & Taxes’ section.
- Select your provider
- After choosing the provider, enter your phone number and the last four digits of your Card.
- Tap on Fetch your bill
- You are good to go
Since the evolution of credit cards, the purchasing power of individuals has definitely increased. It is a well-known fact that once you receive the credit card bill, you should ideally try to pay off the entire amount before the due date to avoid attracting interest charges on your next bill.
It is pertinent to mention here that there are several tips like setting up autopay, payment reminders and changing your payment due date to make your credit card bill payment online timely. However, a missed credit card payment comes with a price, and the impact of a late payment depends on how late that payment is and the terms of your card.
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