Lazy pay card (need your thoughts on this)

[Aditikpurohit]

Lazy pay card seems like a scam, first they have only 15 days billing cycle , second thing they give the customer only 3 days to pay the bill , it's almost like they are waiting for the customer to make delayed payments soo that they can charge hefty fees. I received a limit of 5 lakhs
But it seems useless with such repayment structure

 

[qkDre]

It's not a credit card,it's a credit line hence such structure, basically it's an extension of their lazypay system only. I don't get much offer on the card except cashback on zomato. It's better to skip it unless u really want a credit line disguised as credit card.

 

[Aditikpurohit]

Lazy advertises it as a credit card
Which is even more confusing & spreading misinformation


Recently received a letter saying that now the billing cycle will be of 30 days
Not sure about the due date

 

[qkDre]

It's just a simple marketing gimmick, as they want to on board as many users as possible by providing very generous limit. One more thing that I have found out is that their customer care is nonexistent.

 

[ichiranjeeb]

First of all, it's not a credit card. You can call it a credit line card or pay later card.
They have changed the billing cycle to 30 days, making the card a bit usable.


Bottom line, if you have a credit card then stay away from it.
I just opted for it because I am a card collector 😆