Credit card unbilled transaction payment for cashback

[rishavraj10]

I have an HDFC credit card, and I need to use it for an education fee payment, which is equivalent to my credit limit. If I do the same my credit score will be attacked badly.
Also as suggested by technofino, credit utilization should be under 30%.
I use platinum DC for cc bill payments and earn cashback.
After BBPS implementation, I am unable to pay the excess amount to the cc through Canara bbps/sbi unipay.
So, I require suggestions from the community members the same and earning cashback.

 

[TechnoFi]

I have an HDFC credit card, and I need to use it for an education fee payment, which is equivalent to my credit limit. If I do the same my credit score will be attacked badly.
Also as suggested by technofino, credit utilization should be under 30%.
I use platinum DC for cc bill payments and earn cashback.
After BBPS implementation, I am unable to pay the excess amount to the cc through Canara bbps/sbi unipay.
So, I require suggestions from the community members the same and earning cashback.

1. What's your current credit limit ?
2. Do you want to pay education fee fully in one go OR in parts ?

 

[shrewdoc]

I have an HDFC credit card, and I need to use it for an education fee payment, which is equivalent to my credit limit. If I do the same my credit score will be attacked badly.
Also as suggested by technofino, credit utilization should be under 30%.
I use platinum DC for cc bill payments and earn cashback.
After BBPS implementation, I am unable to pay the excess amount to the cc through Canara bbps/sbi unipay.
So, I require suggestions from the community members the same and earning cashback.

If you're paying now, it's okay, no worries. Pay after your bill generates. HDFC reports to CICs on month end, ie. 30/31, irrespective of Bill Generation dates.

 

[bhauka11]

I have an HDFC credit card, and I need to use it for an education fee payment, which is equivalent to my credit limit. If I do the same my credit score will be attacked badly.
Also as suggested by technofino, credit utilization should be under 30%.
I use platinum DC for cc bill payments and earn cashback.
After BBPS implementation, I am unable to pay the excess amount to the cc through Canara bbps/sbi unipay.
So, I require suggestions from the community members the same and earning cashback.

It's okk to use full limit every now and then..

And if you want to clear some amount before bill generation, you can pay via CRED(however don't expect any cashback)

 

[rishavraj10]

1. What's your current credit limit ?
2. Do you want to pay education fee fully in one go OR in parts ?

1. 50k
2. Anyways... No prob

 

[rishavraj10]

If you're paying now, it's okay, no worries. Pay after your bill generates. HDFC reports to CICs on month end, ie. 30/31, irrespective of Bill Generation dates.

Got it...
Thank you

 

[rishavraj10]

It's okk to use full limit every now and then..

And if you want to clear some amount before bill generation, you can pay via CRED(however don't expect any cashback)

No cashback is the biggest problem... 🥲

 

[TechnoFi]

1. What's your current credit limit ?
2. Do you want to pay education fee fully in one go OR in parts ?

lf you don't want to utilize your current limit fully then you can top-up your current card limit via cred app. Kindly try & check with small amount first.
After that you can pay education fee in small chunks like 10k, 20k etc. which also includes that top-up amount.

 

[rishavraj10]

lf you don't want to utilize your current limit fully then you can top-up your current card limit via cred app. Kindly try & check with small amount first.
After that you can pay education fee in small chunks like 10k, 20k etc. which also includes that top-up amount.

OK vro... Will try
Thank you