vpsjdon
TF Buzz
I'm someone who dislikes seeing a huge bill at the end of the month so I never bothered with credit cards before.
From what I've seen of my friends and family, credit cards give you a false sense of security that there's still money in your bank account even thought it might be earmarked for a credit bill at the end of the month.
The only reason I got one now is because 99% of my online shopping is from Amazon so not getting that Amazon Pay ICICI credit card seemed like leaving money on the table.
What I usually do is pay using the card, let the item arrive and once I'm satisfied that it's okay, I pay the amount back to the card without waiting for the end of the billing cycle.
So my cycle for the first month ended on April 12th. I had a due of 585/ and due date of 30th April.
On 12th April evening I bought a product of Rs 964/ and after it got delivered a few days ago, I paid back the 964 INR to the card using Amazon after confirming that item was fine.
Question: Did I pay my credit card bill for the month of March-April?
The purchase of Rs 964/- was _after_ the statement was generated so I'm assuming it will be charged in the next month's billing cycle, right? In the statement ICICI emailed me, the transaction date cut off was 10th April.
But what about the 964 I paid _to_ ICICI? Will it be considered as a part of the payment to the last billing cycle? Or will that be also adjusted in the next cycle?
Because I checked on ICICI and in the "last statement" tab, I still see the due as 585/ and still see the due date as 30th April.
Is there any way to confirm if my credit card bill is considered paid or not? Please help me out in understanding how this works.
Thank you
From what I've seen of my friends and family, credit cards give you a false sense of security that there's still money in your bank account even thought it might be earmarked for a credit bill at the end of the month.
The only reason I got one now is because 99% of my online shopping is from Amazon so not getting that Amazon Pay ICICI credit card seemed like leaving money on the table.
What I usually do is pay using the card, let the item arrive and once I'm satisfied that it's okay, I pay the amount back to the card without waiting for the end of the billing cycle.
So my cycle for the first month ended on April 12th. I had a due of 585/ and due date of 30th April.
On 12th April evening I bought a product of Rs 964/ and after it got delivered a few days ago, I paid back the 964 INR to the card using Amazon after confirming that item was fine.
Question: Did I pay my credit card bill for the month of March-April?
The purchase of Rs 964/- was _after_ the statement was generated so I'm assuming it will be charged in the next month's billing cycle, right? In the statement ICICI emailed me, the transaction date cut off was 10th April.
But what about the 964 I paid _to_ ICICI? Will it be considered as a part of the payment to the last billing cycle? Or will that be also adjusted in the next cycle?
Because I checked on ICICI and in the "last statement" tab, I still see the due as 585/ and still see the due date as 30th April.
Is there any way to confirm if my credit card bill is considered paid or not? Please help me out in understanding how this works.
Thank you
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