Readers ask: How To Check Hdfc Credit Card Billing Cycle?

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How do I know my credit card billing cycle?

You can find your credit card billing cycle listed on your monthly statement. You’ll notice the start and end dates for your billing period are typically located on the first page of your statement, near the balance. Your card issuer may list the number of days in your billing cycle, or you’ll have to do some counting.

What is the billing date of HDFC credit card?

For instance, HDFC Bank offers interest-free credit period of 20 to 50 days. So, for a HDFC credit card with a grace period of up to 50 days, if the statement date is 5th of every month, the payment due date would be 25th of the same month.

How can I change my HDFC credit card billing cycle?

Requests to change your billing cycle are not being accepted by HDFC Bank. You can, however, contact customer service and explain why you’d like to adjust your billing period. They may review and grant your request if you have a valid reason.

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Is a billing cycle a month?

A billing cycle, also referred to as a billing period, is the interval of time between billing statements. Although billing cycles are most often set at one month, they may vary in length depending on the product/service rendered. Typically, the billing cycle lasts anywhere between 20 and 45 days.

What happens if I pay my credit card before statement?

By making a payment before your statement closing date, you reduce the total balance the card issuer reports to the credit bureaus. That in turn lowers the credit utilization percentage used when calculating your credit score that month.

How long is two billing cycles?

Quick Summary. The billing cycle is the period between two consecutive payments for a given service, often lasting 20-25 days. The payment period depends on the bank’s terms and conditions; it can be calculated from the date of the first purchase or a fixed calendar date.

Can I pay HDFC credit card bill before due date?

Remember, the payment made should get credited in your credit card account on or before the due date to avoid charges and penalty, subject to the grace period, if any. For a healthy credit profile and to keep the credit score high, make sure not to roll over the outstanding balance on to the next month.

What is billing date and due date?

Your Billing Date is the first day of your billing cycle and the date your bill is issued. A billing cycle usually starts on your connection date and lasts for the next 30 days. Your New Charges Due Date is the date by which you must pay your bill.

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What is the maximum limit of HDFC credit card?

HDFC Business Platinum Credit Card Limit: 25,000 – 1,50,000. HDFC Business Moneyback Credit Card Limit: 25,000 – 1,50,000. HDFC Business Regalia Credit Card Limit: Rs. 2 Lakhs – Rs.

Can I have 2 HDFC credit cards?

Getting approved for Multiple HDFC bank credit Cards: So having 5 Lakh or more limit on a single card increases your chances of holding multiple credit cards from HDFC, usually limited to maximum of 2 cards per person.

What happens if we dont pay HDFC credit card bill?

If you fail to pay even the minimum amount due on your HDFC credit card, you will be charged a late payment fee that would be added to your next statement. The bank may also inform CIBIL about the non- payment of your credit card debt and hence your CIBIL score would drop.

Can we change the billing cycle of credit card?

Shift your credit card due date to a time period when you are paying the least amount of money toward your bills. To actually make the change, call your credit card issuer’s customer service department using the number on the back of your card. They ‘ll ask for your desired due date, then make the change.

How many days is a billing cycle?

Although billing cycles are most often set at one month, they may vary in length depending on the product/service rendered. Typically, the billing cycle lasts anywhere between 20 and 45 days.

Can I use my credit card after due date?

You’re completely allowed to use your credit card during the grace period. Any purchases you make after your closing date are part of the next billing cycle, not the current one. But if you don’t pay the full balance listed on your statement, you’ll lose the grace period. It can also improve your credit utilization.

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How long is a billing cycle for a credit card?

Credit card billing cycles typically range from 28 to 31 days. Federal law requires your credit card billing cycles to be consistent. Your due date must remain the same from month to month.

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