Best ways to pay your Credit Card Bill in IndiaOctober 11, 2022
Best ways to pay your Credit Card Bill and earn cashback or rewards in India.
Nowadays paying Credit Card bill is easier than earlier days not only quick, instant and rewarding, thanks to UPI. There is a fee charged at bank for your credit card payment if you pay by cash where there is no fee at all when you pay via an application which uses UPI for example PayTM, MobiKwik and now PostPe and others too. I recommend PayTM or PostPe for RBL Bank, SBI Bank Credit Cards which I use where the payments are settled instantly, the minimum amount you can pay starts from just 1 Rupee and you can pay in fractions too. Coming towards cashback or rewards PayTM only offers points towards Card payments whilst PostPe provides 0.4% cashback for every payment having said that payment made by UPI, though the PostPe provides the option to pay also via the limit which you have with the low convenience fee which needs to be cleared within next bill settlement period of PostPe, this creates additional up to 30 days additional period for your payments, also you can convert the PostPe transactions to EMI.
Axis Bank Credit Card payment via PayTM will take anywhere between 1 hour to 2 days to settle the payment and in PostPe and MobiKwik it takes 2 to 3 days to settle in the bank.
Cashback from MobiKwik is for KYC users only and one can either earn supercash or cashback depending on the offer availability.