Credit card is one of those things which fill you with fear. The level of trepidation on acquiring a credit card is so high that people would own it but not use it. The card is not at all perilous as it seems to be to a maximum number of users. It’s a cakewalk to use the credit card while shopping online; make use of hefty discount offers, cash backs among other offers available to a credit cardholder. Well, all you need to know after using the card is bill payment.

Every credit card has a period of payment which is a minimum of 50 day that means you can clear your dues within 50 days. There are several ways to pay credit card bill, however, online mode of payment is the easiest.

Credit Card bill payment online

Step 1: Log into your bank account using internet banking

Step 2: Enter the bill payment catalogue, which may vary from bank to bank

Step 3: Enter your card details, such as card number

Step 4: Enter you email address

Step 5: Enter the amount due on you

Step 6: Enter the account details from where you are paying

Credit card bill payment via ATM

Step 1: Swipe your ATM card

Step 2: Enter details

Step 3: Click on more options and click on pay credit card overdue

Step 4: Enter the required details like password and amount

These are auto-payment methods. You can also visit the bank and give cash or cheque to the bank in order to clear your bill but this will be chargeable and the amount and scheme may vary from bank to bank.

Billing cycle

This is one important piece of information. Do not forget to ask about the cycle of your credit card. If you cycle of paying the bill starts on every 24th of the month then whatever purchase you have made before 24th, you have to pay the bill of the same in the next 13-15 days starting after the 24th of the previous month.

However, if you buy after 24th, i.e. the fixed bill due date which falls every month, then you would have full-time period fo 50 or above days because your bill due date will be marked on the 24th of the next month.

Furthermore, after bill due date a person gets 15-20 days to clear the dues.