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

[KLB@96]

I use google sheets . Just add all the cards I have and statement dates and payment due dates. Once I start receiving statement emails I pay the due one by one and then update as paid in the sheet.

 

[telescope]

I contacted axis bank and fought a lot with them to reverse that amount and Cibil missed payment report as this was there fault.

so axes reversed all fees and removed it from cibil also?

 

[AllThatStuff]

I use google sheets . Just add all the cards I have and statement dates and payment due dates. Once I start receiving statement emails I pay the due one by one and then update as paid in the sheet.

I also maintain an excel sheet to track payments of my 20+ cards.

For added security I have used colour codings…like 1 day before the due date, that card’s row changes to yellow colour….on the due date it becomes green…and after due date it’s red !!!

Also, I’ve incorporated formulas for credit limit utilisation, annual spends tracking to meet spends criteria for fee waiver for paid cards, etc. !!

Took lot of time & research…but made card management stress free !!

 

[KLB@96]

I also maintain an excel sheet to track payments of my 20+ cards.

For added security I have used colour codings…like 1 day before the due date, that card’s row changes to yellow colour….on the due date it becomes green…and after due date it’s red !!!

Also, I’ve incorporated formulas for credit limit utilisation, annual spends tracking to meet spends criteria for fee waiver for paid cards, etc. !!

Took lot of time & research…but made card management stress free !!

wow can you share the sheet with me ?

 

[DeadFella]

I also use an excel sheet to manage around 35 CC. I have listed them with colour codes and. Missed only a small single bill payment in 15 years of CC usage so far.

 

[Finchamp!]

I have called all my CC providers and made all their due dates the same. Keeping it simple!