Lazypay changes it's billing cycle

[garvit3692]

Finally , lazypay changed their billing cycle from 15 days to one month. Doing Little Better than before.

 

[Gk123]

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Finally , lazypay changed their billing cycle from 15 days to one month. Doing Little Better than before.

I also got this mail today morning. What is current limit on your lazycard.

 

[garvit3692]

I also got this mail today morning. What is current limit on your lazycard.

1 lac , but it's of no use for me , because you can only spend 2 lac in whole year , and i did that , and now all transactions are getting declined.

 

[Gk123]

1 lac , but it's of no use for me , because you can only spend 2 lac in whole year , and i did that , and now all transactions are getting declined.

Yes because it is prepaid card with credit.
And currently a prepaid card has there own limitations.my limit is not high 15000.but iam ok with rewards.and I have scan and pay also.

 

[garvit3692]

Is lazy card a credit card? Any specific benefits to it?

Or is it a CDL/personal loan card?

It's credit line , but in starting it gives good rewards

 

[Gk123]

Is lazy card a credit card? Any specific benefits to it?

Or is it a CDL/personal loan card?

It's a paylayer product and currently in our CREDIT Bueru system no specific category for this product currently they show in cibil as personal loan or consumer loan. Hope in future they got some new integration and reported as CREDIT card.

 

[Gk123]

I see ... So basically it's not a CC but similar to Paytm postpaid etc.

Yes but only new is they include a card.and basically this is prepaid 0 balance card.wich were loded real time when we do a live tranction.

 

[sameerdes]

I too got a mail for this billing cycle update! Looks like gradually being rolled out for more people.