HDFC Bank Credit Card Q&As

[varkey]

Which all car manufacturer websites allow you to pay the full amount online?

 

[Deleted member 14251]

JSP ford bangalore allows online payment using freecharge payment gateway. Just recently paid around 5 lakhs using credit card. Also there is no limit on credit card payment if we pay through the freecharge gateway.

 

[Jonas]

Does it affect Cibil due to high credit utilization?

 

[Deleted member 14251]

I doubt it will affect cibil rating. once in a while using full credit limit and paying back will not affect i guess.

 

[mikrotik]

Free charge Gateway won't earn you rewards.

 

[royalroy]

High credit utilization affects your credit score but it is not as drastic as late payments. Cibil and sbi credit card websites confirm this. Keep your credit utilization below 30% for best results. Pay some amount due before bill is generated so that the final bill reports only 30% of your Cc utilization.

 

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[igloo]

Also it is calculated for total limit of all your cards not each cards individually.

 

[Deleted member 14251]

Free charge Gateway won't earn you rewards.

hmm, I was not aware of this

 

[Deleted member 14251]

High credit utilization affects your credit score but it is not as drastic as late payments. Cibil and sbi credit card websites confirm this. Keep your credit utilization below 30% for best results. Pay some amount due before bill is generated so that the final bill reports only 30% of your Cc utilization.

somewhere i read, continuously every month using full credit only affects cibil rating, but it is also helps the provider to increase the card limit.

 

[mikrotik]

Also it is calculated for total limit of all your cards not each cards individually.

It is calculated on each card individually. Also remember, most of the card companies do not report correct limit to cibil.