How to Remove Autopay From HDFC Credit Card?

The auto pay option in credit cards may sometimes be useful but in my personal experience, I never found it useful. In contrast to cash cards and charge cards, credit cards offer cardholders a number of advantages, such as an auto debit function. Automatic debit is a transfer of funds scheduled for a specified date to pay recurring expenses like energy bills, credit card bills, EMIs on home mortgages, loans for real estate, loans for vehicles, etc. The owners of credit cards who sign up for an auto debit facility are eligible to get numerous advantages but it is crucial for us to know

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how to remove autopay from HDFC credit card

. I recently disabled this feature from my credit card, so I am going to help you understand it.

Prime Benefits of Credit Card Auto Debit Feature

• Time can be saved while consistent and timely payments can be guaranteed.

• Customers try to avoid incurring unauthorised late fees and charges.

• Online payment processing is the most practical choice.

• Identity theft is a risk that can be reduced.

• Through regular payments, cardholders can establish and keep credit history. Additionally, they can improve their credit score and accrue reward points.

• It allows ease in terms of the two payment options available: overall value due (TAD) and minimum due amount (MDA).

Demerits of Activating Credit Card Auto Debit Facility

• Due to the fact that monthly payments are paid automatically, users may lose track of them.

• Some businesses occasionally charge customers for providing this service.

• Automatic payments could be challenging to stop.

• Users should have a sufficient balance on their accounts. They must pay bank overdraft charges if not.

How to disable autopay in HDFC credit card?

You can deactivate credit card auto debit online according to the instructions provided by your lenders. Experts advise against deactivating an auto debit service unless it is absolutely necessary. You can start the process of turning off credit card auto debit whenever you wish. You may need to disable the auto debit feature on your credit cards in the following situations:

• You might or might not continue banking with the prior bank account and credit card account when you move jobs,

• If you wish to cancel your current credit card and get fresh offers,

• Whenever you relocate for work,

• when there is not enough money in the bank to cover the bills.

How to cancel autopay in HDFC credit card: Merits of Deactivating Credit Card Auto Debit Feature

Customers who want to pay in cash can conveniently keep track of their monthly payments. Deactivating credit card auto debit has shown to be a wise decision from the perspective of those unable to maintain steady cash inflows. It still applies when using several credit cards.

Now you know

how to remove autopay from HDFC credit card.