-
Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.
What is the best billing cycle for any credit card
- Thread starter Pavan
- Start date
ManojGowda
TF Premier
Salary date: 25th
Set my billing date after 1st week of the month so it all aligns well, usualy due date is around 26th to 3rd of next month
Set my billing date after 1st week of the month so it all aligns well, usualy due date is around 26th to 3rd of next month
Last edited:
For me it doesn't matter, whatever set by default. I change my pattern of usage.
RAMESH BABU N
TF Legend
One week BEFORE you get your regular income (salary, pension, stipend, pocket money, interests, rowdy mamools....)
RAMESH BABU N
TF Legend
For me, it doesn't matter.
ALL bills (CC/power/fiber) are on auto payment mode for full payment.
ALL bills (CC/power/fiber) are on auto payment mode for full payment.
Thanks sir 🙂
Facing issue on payments sometime
hence planning to keep limited billing cycles
It's a common man questions 😛
pinki
TF Legend
Same 😝 🤣
Sobirvs
TF Premier
I have 20cc's+ and I had the same dilemma 2 yrs back. I thought the best is 1st of every month but some banks doesn't support this and most bank's do. My main concern was I want a common date so I found the best date is 20th of every month. 99% of the banks support this and 1% who doesn't, they support 19th or 21st. So I choose 20th and banks which doesn't support 20th I kept them at 19th or 21st.
So bill generation date is first of every month?
Sobirvs
TF Premier
I would prefer the 1st but many cc companies don't support that. meanwhile 20th is supported by most.
Yes yes for me trouble is bill generation is 4th and payment is 25th
Not sure if that is the best
Sobirvs
TF Premier
I am one of those people who pays their bills right away once it is generated. It's ocd lol.
In my view billing date around 18-22 is the best option.
However, I follow two billing days per month. one between 1-3, and another one 15th. All my cards are covered except OneCard, where the billing date is the 22nd, and they don't allow me to change 2nd time.
akshayhs
TF Legend
Axis, SBI is 1st
RBL, HDFC is 2nd
I've set all my cards billing date such as I do payment on a single date (usually 28th of every month or last weekend (sat or sun).
Using CRED for payments since the payment is fast and have never faced a single issue in last 2 years. Below are my cards and corresponding billing dates.
**And yes, I keep my salary in some liquid fund for around 25 days and then do payment. Basically, I never spend my salary 🙂 and live on the Credit Cards.
Using CRED for payments since the payment is fast and have never faced a single issue in last 2 years. Below are my cards and corresponding billing dates.
**And yes, I keep my salary in some liquid fund for around 25 days and then do payment. Basically, I never spend my salary 🙂 and live on the Credit Cards.
Aniket
TF Prestige
Which platform/bank/app/web you use for Auto Pay?
Similar threads
