SonyTom
TF Ace
I know that bro. Thats why I specifically mentioned “via Unipay/Setu/Jiofin”
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NO APPS/WEBSITES ALLOWING TO PAY CREDIT CARD BILLS (BEFORE CIBIL REPORTING DATE)
bing1309
TF Premier
If you want cashback it's how you play but note as per new rbi guidelines somethings to know
1. Reducing cibil score paying early is not an option anymore your total expenditure per month will be shown in a month bases irrespective of you have negative or positive balance (axis has already adapted it)
2. Card limit cannot be used more than given limit irrespective of negative balance in single swipe ( axis has already adapted it)
3. Cannot pay more than 0 is to protect customer from bank making profit in larger scale in holding funds in reserve
4. Fd based cards misuse in negative balance use also blocked all fintech company already adapted it.
Lot of changes done but cibil also lot of changes are getting implemented keep in mind spending more than 30% is no longer useful because your monthly total expenditure is captured and reported based on that it's calculated and banks see this and know you're expenditure and repayments time also.
As per image
high credit is the month you total used and current balance is at bill generated Date what you have shown, keep in mind this 30% usage is all crap after new rbi guidelines and banks check this before giving you credit or loan.
1. Reducing cibil score paying early is not an option anymore your total expenditure per month will be shown in a month bases irrespective of you have negative or positive balance (axis has already adapted it)
2. Card limit cannot be used more than given limit irrespective of negative balance in single swipe ( axis has already adapted it)
3. Cannot pay more than 0 is to protect customer from bank making profit in larger scale in holding funds in reserve
4. Fd based cards misuse in negative balance use also blocked all fintech company already adapted it.
Lot of changes done but cibil also lot of changes are getting implemented keep in mind spending more than 30% is no longer useful because your monthly total expenditure is captured and reported based on that it's calculated and banks see this and know you're expenditure and repayments time also.
As per image
high credit is the month you total used and current balance is at bill generated Date what you have shown, keep in mind this 30% usage is all crap after new rbi guidelines and banks check this before giving you credit or loan.
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SAS
TF Premier
very useful info brother ..... so now no need to worry about that 30% ratios .... i can peacefully spend the total without even getting scared of that cibil score because if you use your full limit in one month then cibil will take a hit by 5 or 10 points and from then the next month onwards you can continue doing it without cibil getting effected (it will be stagnant)
SAS
TF Premier
yes my amt refunded
SAS
TF Premier
just 3 4 days
