Best billing cycle date to manage all credit card

[Vicky99]

Please share your best billing cycle date . Some people says 25-28 is the best some says 1-5 is the best . Which is the best date as most bank reports to cibil on month end .

 

[RAMESH BABU N]

For me, it doesn't matter.
ALL bills (CC/power/fiber) are on auto payment mode for full payment.

 

[PavvanPavvan is verified member.]

For me, it doesn't matter.
ALL bills (CC/power/fiber) are on auto payment mode for full payment.

Thanks sir 🙂
Facing issue on payments sometime
hence planning to keep limited billing cycles

 

[PavvanPavvan is verified member.]

For me it doesn't matter, whatever set by default. I change my pattern of usage.

It's a common man questions 😛

 

[pinki]

For me it doesn't matter, whatever set by default. I change my pattern of usage.

Same 😝 🤣

 

[Sobirvs]

I have 20cc's+ and I had the same dilemma 2 yrs back. I thought the best is 1st of every month but some banks doesn't support this and most bank's do. My main concern was I want a common date so I found the best date is 20th of every month. 99% of the banks support this and 1% who doesn't, they support 19th or 21st. So I choose 20th and banks which doesn't support 20th I kept them at 19th or 21st.

 

[akshayhs]

I have all my due dates for 20-25th day of the month. I get paid in the first week of the month. So I have a buffer time of 15-20 days to clear my dues.

 

[PavvanPavvan is verified member.]

I have all my due dates for 20-25th day of the month. I get paid in the first week of the month. So I have a buffer time of 15-20 days to clear my dues.

So bill generation date is first of every month?

 

[n69b]

I have 25 cards and all are between 15-17

 

[PavvanPavvan is verified member.]

Seems most are having either mid of month or auto payment 😛

 

[Sobirvs]

Seems most are having either mid of month or auto payment 😛

I would prefer the 1st but many cc companies don't support that. meanwhile 20th is supported by most.

 

[PavvanPavvan is verified member.]

I would prefer the 1st but many cc companies don't support that. meanwhile 20th is supported by most.

Yes yes for me trouble is bill generation is 4th and payment is 25th
Not sure if that is the best

 

[Sobirvs]

Yes yes for me trouble is bill generation is 4th and payment is 25th
Not sure if that is the best

I am one of those people who pays their bills right away once it is generated. It's ocd lol.

 

[2025]

What is the best billing cycle for any credit card

Bit confused what is best
-> Bill generation beginning of month
->Bill generation of mid of month
->Bill generation at end of month


Need your views and suggestions

In my view billing date around 18-22 is the best option.
However, I follow two billing days per month. one between 1-3, and another one 15th. All my cards are covered except OneCard, where the billing date is the 22nd, and they don't allow me to change 2nd time.

 

[akshayhs]

So bill generation date is first of every month?

Axis, SBI is 1st
RBL, HDFC is 2nd

 

[amitagl27]

I've set all my cards billing date such as I do payment on a single date (usually 28th of every month or last weekend (sat or sun).
Using CRED for payments since the payment is fast and have never faced a single issue in last 2 years. Below are my cards and corresponding billing dates.




**And yes, I keep my salary in some liquid fund for around 25 days and then do payment. Basically, I never spend my salary 🙂 and live on the Credit Cards.

 

[Aniket]

For me, it doesn't matter.
ALL bills (CC/power/fiber) are on auto payment mode for full payment.

Which platform/bank/app/web you use for Auto Pay?

 

[BVCBVC is verified member.]

What is the best billing cycle for any credit card

Bit confused what is best
-> Bill generation beginning of month
->Bill generation of mid of month
->Bill generation at end of month

@SSV @vaibhav111 @Rkr @BVC

Need your views and suggestions

I keep mix of all. But best would be 18-23 for employees.

 

[2025]

In my view billing date around 18-22 is the best option.
However, I follow two billing days per month. one between 1-3, and another one 15th. All my cards are covered except OneCard, where the billing date is the 22nd, and they don't allow me to change 2nd time.

I keep mix of all. But best would be 18-23 for employees.

The best part is we can pay bill in two different month to avail the Bill payment benefits using debit cards most effectively.
Rewards/ cashbacks are based on calendar months only.

 

[Bionick]

I just have 2 dates. 20th for cards with 20 days grace period and 22nd for the ones with 18 days grace period. I sit for 30 minutes on 5th of every month and pay all the bills. No auto debits.

Axis Atlas - 20th
Axis Olympus - 20th
HDFC Infinia - 20th
Amex Travel - 22nd
Amex MRCC - 22nd
HSBC Premier - 22nd
Amex does not allow 22nd as the billing date anymore.

 

[Subhajeet]

I've set all my cards billing date such as I do payment on a single date (usually 28th of every month or last weekend (sat or sun).
Using CRED for payments since the payment is fast and have never faced a single issue in last 2 years. Below are my cards and corresponding billing dates.

View attachment 78379


**And yes, I keep my salary in some liquid fund for around 25 days and then do payment. Basically, I never spend my salary 🙂 and live on the Credit Cards.

how to invest in liquid funds and any specific fund please and expected return and entry and exit load charges please