Holding Multiple Credit Cards? Share your payment strategy to avoid missed payments!!

[plastikman]

I also use Subscriptions app from google play store and add the bill generation date for each card since payment date is nearly 20 days from bill generation date !

 

[anirban.choudhuryanirban.choudhury is verified member.]

I also use Subscriptions app from google play store and add the bill generation date for each card since payment date is nearly 20 days from bill generation date !

You have a monthly bill of 31 lakhs ??
Or is it the limit ?

 

[plastikman]

You have a monthly bill of 31 lakhs ??
Or is it the limit ?

Limit ! Lol Pure building ka bill nahi deta mai !

 

[anirban.choudhuryanirban.choudhury is verified member.]

Limit ! Lol Pure building ka bill nahi deta mai !

Haha
thanks for clarifying

 

[plastikman]

Limit ! Lol Pure building ka bill nahi deta mai !

But it's fun to see the total limit 😀

 

[anirban.choudhuryanirban.choudhury is verified member.]

But it's fun to see the total limit 😀

Certainly it’s fun to see CL
I think my total is above 2.2 cr now
Haven’t checked Cibil since few days
But this is a good way to track the limits
Uptill now I use a spreadsheet for all this
But I have recently taken up a project to integrate bank api’s and implement customise notifications

 

[plastikman]

Certainly it’s fun to see CL
I think my total is above 2.2 cr now
Haven’t checked Cibil since few days
But this is a good way to track the limits
Uptill now I use a spreadsheet for all this
But I have recently taken up a project to integrate bank api’s and implement customise notifications

That's nice. If possible do share the spreadsheet template with us 🙂

 

[kej]

I extensively use Cred app for tracking all my credit card dues. I have stopped using it for payment purposes as there are better rewarding alternatives available. Once a card is paid, I simply mark them as paid on Cred app so that it reflects the updated status of each card payment.

 

[anirban.choudhuryanirban.choudhury is verified member.]

I extensively use Cred app for tracking all my credit card dues. I have stopped using it for payment purposes as there are better rewarding alternatives available. Once a card is paid, I simply mark them as paid on Cred app so that it reflects the updated status of each card payment.

Yeah
I too do the same thing , but somehow cred is not able to fetch my pnb and other Rupay cards , so I have started maintaining a spreadsheet instead

 

[kej]

Yeah
I too do the same thing , but somehow cred is not able to fetch my pnb and other Rupay cards , so I have started maintaining a spreadsheet instead

I don't seem to have any problem with HDFC Tata Neu Rupay... Maybe raise a ticket with Cred and they will solve for other cards too.

 

[arko]

I have 15-20 credit cards ,so use cred .No way I can track them manually. I mainly use 2-3 cards but I use other cards for 10% off etc. I pay 1000 through cred and rest from cheq/hdfc etc

 

[emadiqbalali]

I use CRED and it is helpful. Apart from that I have sheet with all due dates. 80% of my cards are on same due dates. Rest 20% are different to use it for payments which I want to pay later or for revolving purposes.

At the due dates, I sit down and track them manually by logging into all apps so that I don't miss them. Moreover, I keep eye on email, so I know what are due and what not.

PS: I own 16 credit cards.

 

[Banking101]

To avoid keeping a record, I always pay my credit card bills right after I make a purchase instead of waiting for the due date

 

[akshayhs]

Just remember in your mind about paying someone what they are owned. It won't require any strategy or any alarms. Natural system! I actually have adopted to it and three days before the due date my mind is completely aware of it.

 

[abhinandan8]

I make payment equivalent to spend I'll be doing on that card then i use the card😬

 

[shashank08]

I make payment equivalent to spend I'll be doing on that card then i use the card😬

Is it like pre-paying to CC before expenses... ? 😛 😛

 

[abhinandan8]

Is it like pre-paying to CC before expenses... ? 😛 😛

Yes😂😅

 

[suhasa010]

I also use Subscriptions app from google play store and add the bill generation date for each card since payment date is nearly 20 days from bill generation date !

Wow!
I have this app since many months too. But I use it for subscriptions 😀

 

[suhasa010]

To avoid keeping a record, I always pay my credit card bills right after I make a purchase instead of waiting for the due date

But you're missing out on interest free period 🙁

 

[plastikman]

Wow!
I have this app since many months too. But I use it for subscriptions 😀

It's a nice app. But I modified its use case 😄