At HSBC, we're always making banking easier for you. Now, in addition to our branches and ATM network, you can also pay your credit card bills at any 7-Eleven convenience store. With 7-Eleven's extensive island coverage and round-the-clock operating hours, you can truly enjoy the flexibility of paying your bills anytime, anywhere! Show
If you have been using a credit card for a while now, you would definitely be paying your credit card bills every month. Or if you are a new credit card holder, you would be worried about how to make the credit card bill payment this month. Well, whether or not you are a new credit card user, we have listed all the online and offline ways in which you can make your credit card bill payment, step by step. Online Methods to Make Credit Card Bill PaymentUsers can make their credit card bill payment using either of the following methods-
Let’s look at each of these methods and the step-by-step process involved in making payment through them- Mobile Wallet and Payment SystemWith the recent developments in the online financial industry, various mobile wallets and online payment systems have started offering credit card bill payment options on their platforms. Paytm is one such mobile wallet that lets you make your credit card bill payment by following a few, easy steps which hardly take a few minutes of your time. All you need to do is follow these simple steps-
Internet BankingOne of the simplest and most widely used methods, internet banking allows you to pay your credit card bills at any time, and from anywhere. All you need to do is follow these steps-
NEFTFully formed as National Electronics Funds Transfer, credit card bill payment can be completed within a day’s time through this method. NEFT allows its users to make credit card bill payments for any other bank’s net banking account. Using this method, you can easily transfer money from your savings account to your credit card account at the comfort of your home.
It will take around 30 minutes to add your credit card account as a beneficiary to your savings account. Once you are done adding the beneficiary, follow these steps-
IMPSIMPS stands for Immediate Payment Service. As it is evident, IMPS enable instant payment/funds transfer. To make your credit card bill payment through IMPS, follow these steps-
BillDeskDon’t have an online account? Don’t worry! BillDesk is to your rescue. It is an online payment system that allows you to make credit card bill payment even without having an online account. For customers who don’t have the internet banking facility, banks offer BillDesk as a feature to make their credit card bill payments easier.
Auto Debit FacilityThe auto-debit facility is one of the safest options to make credit card bill payment. This feature eliminates the risk of missing out on any credit card payment as it automatically deducts money from your linked account and pays your credit card bill before the due date (Here’s why!). If you have a net banking account, you can easily register for ‘Auto Debit’ feature and never worry about paying your credit card bill.
Offline Methods to Make Credit Card Bill PaymentThe following are some of the offline methods to pay credit card bill-
Customer Support ServiceVarious credit card issuers/banks allow their users to make their credit card bill payment by contacting their customer support staff. However, it is mandatory that users have a savings/current account with their credit card issuing bank. If so, follow these steps-
It is important to note that not all banks provide such a facility to their customers. So it’s better to confirm this before you go ahead with making the payment. ATMYou can make instant payment of your credit card bill at an ATM if you have a debit card from the same bank as your credit card.
Over-the-Counter Bill PaymentYou can walk to the nearest bank branch of your credit card issuer and pay your credit card bill. All you need to do is get in touch with a concerned official at the bank and follow these steps-
Cheque/Demand DraftAnother offline method to pay credit card bill is by submitting a cheque/demand draft in favour of your credit card account and submitting it at any bank branch or ATM drop box.
Since it takes time for cheques to be processed, it is important that you consider the time and make payment for your credit card within the billing cycle. Online or Offline- Which is a Better Payment Method?While there are various offline methods to pay credit card bill, there are multiple reasons as to why you should pay your bill online. Explained below are some of them-
To Conclude: When you use a credit card, you must be more alert about making your credit card bill payment, instead of spending on your credit card. If your payments are on time, you can never go loss with a credit card, and you’ll thus be able to make the most out of this financial tool. While there are multiple ways to pay your the credit card bill, paying through a mobile wallet like Paytm is the most comfortable out of all. You simply need to link your credit card account to your current Paytm mobile application and that is it. You can also set up regular reminders on Paytm for your credit card bill payment. Apply For Credit Card FAQs What is credit card cash withdrawal? When you withdraw cash from an ATM using your credit card, it is termed as credit card cash withdrawal or cash advance. How can I make credit card bill payment? You can make your credit card bill payment through various online and offline ways. Online methods include payment through mobile application, internet banking, mobile payment wallet, NEFT/RTGS, IMPS, etc. Offline methods include payment through ATMs, physical visit to the bank branch, customer care, etc. Can I pay my credit card bill on Paytm? Yes, you can easily pay your credit card bill on Paytm. All you need to do is link the app to your debit card or your savings account, with which you wish to make the payment of your credit card bill, Recharge your mobile wallet and enter your credit card details and the bill amount and click on ‘Pay’ to complete the transaction. Why should I make online payment of credit card bill? There are various reasons as to why you should make online payment of your credit card bill such as it saves time and effort, it is safe and secure, it is convenient, offers you enhanced control over your transactions, etc. When should I pay my credit card bill? You should pay your credit card bill well before the due date in order to avoid any late fee charges or any additional interest on the bill amount. Can I pay my credit card bill through any other bank? Yes, you can pay your credit card bill through any other bank. However, you can do so only if you pay through NEFT where you can add your credit card account as the payee in order to make the payment. What are the ways to pay credit card bill?Methods to Pay Credit Card Payment Online. Through internet banking.. NEFT/RTGS online funds transfer.. IMPS Method.. Through BillDesk.. Auto debit facility.. Mobile wallets and payment systems.. What are 3 ways to pay a credit card?Check — If your issuer accepts checks, you can mail one in with your credit card bill. Online bill pay — You may be able to use a checking account to complete payment with online bill pay. Money transfer — You may be able to wire money to pay your credit card through a money-transfer service like Western Union.
How do I pay a credit card from another bank?Paying your credit card from another bank. Select 'Pay & transfer' You'll find this at the bottom of your app screen.. Select 'pay from another bank or building society' Then enter the amount you want to pay off of your credit card followed by 'Continue'.. Select your bank or building society. ... . All done.. How can I instantly pay my credit card bill?All you have to do is:. Log on to Axis Bank Internet Banking.. Go to Credit Card section.. Select the Credit Card for which payment needs to be done.. Click on “Pay Now”. Select the Account to be debited.. Enter Amount you wish to pay.. Click on Proceed to make the payment.. |