Oftentimes I forgot to pay my credit card bill. Hence, I was thinking to shift the billing cycle. After a lot of research on
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how to change billing cycle of SBI credit cards? I got all the information from the SBI website.
Changes to your credit card billing cycle need a lot of preparation and work. You are unable to alter it whenever you please. Additionally, the credit card provider has only selected a small number of limited days from which you can choose.
Pay all your bills using a credit card via NoBroker Utility Bill Payment Service Calculate your EMI on a home loan via NoBroker EMI calculatorHowever, now that has changed! Now, there will be a single opportunity for all credit card holders to alter their billing cycle. The new rule, which was imposed by the RBI, went into effect on July 1, 2022, and requires card issuers to offer a facility for modifying the billing cycle date.
What Is A Billing Cycle For A Credit Card?Your credit card's billing cycle determines when you will be charged a certain sum of money. The card issuer establishes the normal billing cycle, which typically runs from the tenth to the fifteenth day of each month.
The due date for a credit card bill payment is determined by a billing cycle. A facility to alter your billing cycle is available on most major credit cards. This option is active for one year and enables you to switch your bill to the following cycle at a later time.
The maximum interest-free period on your credit card is determined by the billing date, making it crucial.
Your credit card interest rate will be reduced the longer the interest-free period lasts. Your credit card interest rate decreases with the length of the interest-free period. The shortest of the three interest-free periods that the card issuer offers is the maximum interest-free duration on your credit card.
How to change the billing cycle of SBI credit card?Please call the SBI helpdesk. You can call SBI's toll-free helplines at 1800 1234, 1800 11 2211, 1800 425 3800, 1800 2100, or 080-26599990, which are available 24 hours a day. All landlines and mobile phones in the nation can call toll-free numbers.
You can also send an email requesting a change in the billing cycle date,
I would like to conclude here as I believe this suffices your query,
how to change billing cycle of SBI credit card. I hope this helps:)
Read More:
How to close SBI Credit Card? How to renew your SBI debit card? How to Know My Credit Card Billing Date HDFC?Your Feedback Matters! How was this Answer?
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How To Change Billing Cycle Of SBI Credit Card?
Karishma
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2 Year
2022-12-15T23:07:09+00:00 2022-12-15T23:12:14+00:00Comment
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