Guys yes we are rocking:)

[navdeep22]

it is before reporting date.

Soem banks reporting date is month end and while others report as on bill generation date..

so it results in before month end / bill generation date..
Hope it is as clear as mud..

Will we get rewards on credit card if we do that? We did payments via card only but since there is not bill

 

[SSV]

So it’s October 2020 n then cc December 2021

yes , it is Octber 2020.. means 3 years 9 months old..

 

[ahmedshaikh__]

yes , it is Octber 2020.. means 3 years 9 months old..

It’s old enough not to effect with cibil btw it’s 100% payment history never missed any kind of payment

 

[SSV]

Will we get rewards on credit card if we do that? We did payments via card only but since there is not bill

Yes we will..
I always do this and I alwyas get the RPs on my CC bill payments..

It is not about how much bill was generated it was about whom did you pay.. in this case, it is CC payment.

 

[SSV]

It’s old enough not to effect with cibil btw it’s 100% payment history never missed any kind of payment

you need to cross 5 years mark, that is the benchmark..
once you cross 5years, your score will be more stable..

 

[ahmedshaikh__]

you need to cross 5 years mark, that is a benchmark..
once you cross 5years, your score will be more stable..

Well as I’m thinking to settle in Europe idk what will happen with all of this cc can u suggest what should I do ? Like trick to maintain cibil also keep active cc

 

[SSV]

Well as I’m thinking to settle in Europe idk what will happen with all of this cc can u suggest what should I do ?

After a year or two in the Europe, just close all the cards.. dont leave any liability accounts open for an extended period of time while you are not in India..

 

[Wealth is my birth right!]

Will we get rewards on credit card if we do that? We did payments via card only but since there is not bill

Rewards vs spend have a ratio
Nothing to do with repayment

 

[ahmedshaikh__]

After a year or two in the Europe, just close all the cards.. dont leave any liability accounts open for an extended period of time while you are not in India..

Okk but it’s will be fine for 2 years at least ?

 

[SSV]

Okk but it’s will be fine for 2 years at least ?

It depends on the product.. just make sure there is no bill is pending or un-attended ..
It is your credit history that gets spoilt .. from legality perspective , no major issue.

 

[ahmedshaikh__]

It depends on the product.. just make sure there is no bill is pending or un-attended ..
It is your credit history that gets spoilt .. from legality perspective , no major issue.

I mean i already closed some of my bank accounts one cc others I just don’t coz I’m sure I’ll be staying longer there but for my parents I can move back to India too so just holding on to that n time to time when I’ll be visiting here I’ll be closing one by one

 

[PavanPavan is verified member.]

Am proud that am MOD of this community
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[SSV]

I mean i already closed some of my bank accounts one cc others I just don’t coz I’m sure I’ll be staying longer there but for my parents I can move back to India too so just holding on to that n time to time when I’ll be visiting here I’ll be closing one by one

Yes... as long as all the bills are paid in time and manage them as if you are in India, you will be generally fine with regards to CCs.
but once you start living there you lose interest in India and things like CCs in India that is where you practically get into trouble..
If you constantly and periodically have some relationship with India then it is fine..

 

[SSV]

Am proud that am MOD of this community
thanks @TechnoFino @vaibhav111 @Rkr @BVC @ashwink

Yesssss... the TIGER aaya !!

 

[ahmedshaikh__]

Yes... as long as all the bills are paid in time and manage them as if you are in India, you will be generally fine with regards to CCs.
but once you start living there you lose interest in India and things like CCs in India that is where you practically get into trouble..
If you constantly and periodically have some relationship with India then it is fine..

I have a EMI wich will be active for 10 months there is not any issue right I’m surly able to my bills from there from Indian bank account too without any charges right ?

 

[SSV]

I have a EMI wich will be active for 10 months there is not any issue right I’m surly able to my bills from there from Indian bank account too without any charges right ?

yes .. you can do this ..

 

[ahmedshaikh__]

Yes... as long as all the bills are paid in time and manage them as if you are in India, you will be generally fine with regards to CCs.
but once you start living there you lose interest in India and things like CCs in India that is where you practically get into trouble..
If you constantly and periodically have some relationship with India then it is fine..

yes .. you can do this ..

And also if all goes according to plan I’ll surly have bank account dc/cc there so I think Indian cc will be already not in use I think and if for cc they will take time ill be using Scapia till then

 

[SSV]

And also if all goes according to plan I’ll surly have bank account dc/cc there so I think Indian cc will be already not in use I think and if for cc they will take time ill be using Scapia till then

okay .. all the best ...

 

[Wealth is my birth right!]

Am proud that am MOD of this community
thanks @TechnoFino @vaibhav111 @Rkr @BVC @ashwink

Wow enjoy MOD bhai

 

[Wealth is my birth right!]

Yes... as long as all the bills are paid in time and manage them as if you are in India, you will be generally fine with regards to CCs.
but once you start living there you lose interest in India and things like CCs in India that is where you practically get into trouble..
If you constantly and periodically have some relationship with India then it is fine..

Cc converted emi is it visible to cibil
Or just shows the utilised amount in full untill emi tenor gets completed?