HDFC Credit Card Statement Date

[Manoj Pant]

Hello friends what should be the best Bill Statement and Payment date for a HDFC credit card user to improve credit score rapidly?

 

[Rahul Gupta]

Hello friends what should be the best Bill Statement and Payment date for a HDFC credit card user to improve credit score rapidly?

You can only change your statement date once in hdc so be carefull.

Hdfc reports your usage to cibil at month end 30/31st so always try to pre pay two days before and bring your utilization to below 9%.

Statement amount doesn't matter because they don't share it with cibil.

 

[Arnal07]

Also, Hdfc doesnt report the total credit limit of credit cards, then how cibil will know the utilization ratio?

 

[Walter White]

Also, Hdfc doesnt report the total credit limit of credit cards, then how cibil will know the utilization ratio?

CIBIL will consider your highest spent amount on reporting date as Credit Limit