How to Make Credit Card Bill Payments Offline

The credit card is one of the most helpful financial instruments in today’s environment. While banks provide a broad range of credit cards to meet your demands, they also offer many credit card bill payment methods so that you can easily pay your credit card bill. 

With the growth of the internet and digital banking, various methods for paying credit card bills online exist. But what if you wish to make your payment offline? This blog will discuss how you can pay your credit card bill offline.

Offline Options for Credit Card Bill Payment

The following are some of the offline options for paying credit card bills:

1. Customer Support Service

Various credit card issuers/banks enable their users to pay their credit card bills by calling customer service. Users must, however, have a savings or current account at the bank that issued their credit card.

If so, proceed as follows:

• Call your bank’s customer service hotline (available on the bank’s official website).
• The IVR would walk you through the credit card bill payment procedure while protecting your credit card information.

It is good to note that not all lenders provide this service to users. So it’s best to check this before going with the payment.

2. ATM

You may pay your credit card bill from an ATM if you have a savings account and a debit card with the same bank. The steps are as follows:

• Go to the ATM or the bank with your credit card.
• Put in your credit card. 
• After entering the PIN, select ‘Services’, ‘Bill Payment’, and ‘Credit Card Bill Payment’.
• Enter your credit card’s 16-digit number.
• You may now see the whole bill and the minimum amount owed. Choose the amount you want to pay.
• Your credit card bill will be paid when you hit the confirm button.

3. Over-the-Counter

You may pay your credit card bill by walking to the local branch of the credit card provider. All you have to do is contact a bank official and follow the instructions below:

• Fill out the cash deposit sheet with the credit card information and bill amount.
• Submit the slip and cash to the counter, and your payment will be completed.

4. Cheque or Demand Draft (DD)

Settling your credit card balance with a cheque is the most simple offline payment option. The steps are as follows:

• Make your cheque payable to the firm that issued your credit card, then include your 16-digit card number. You may use any bank’s cheque or the bank to which your credit card is linked. The bank name does not need to be specified if you use the same cheque. You can pay later by writing a post-dated check.
• It is suggested that you put your phone number on the back of the cheque.
• Drop the cheque at any of the bank’s cheque drop sites or mail it to the bank whose credit card you have.
• A different bank’s cheque may take up to three working days to clear. As a result, it is critical to drop it off long before the due date to ensure the payment is made on time. 

Note that the cheque may be refused if inaccurate data is entered or the sign does not match. This failure to make the payment on the due date leads to late fines. Certain banks may levy a fee for cheque payments if the credit card amount is minor.

Things to Keep in Mind When Making Credit Card Bill Payments

1. Monitor your billing cycle

Paying your bills on time is the most important component of avoiding financial difficulty. Missing the credit card bill payment deadline might result in hefty interest charges of up to 30%. Furthermore, your credit score will be affected.

Whether you’re a new credit card user or not, check your billing cycle frequently to keep up with any changes. Most banks and non-banking financial firms allow you 28 days to pay your debts. 

2. Pay off the minimum debt amount

Pay the minimum on your credit card account if you cannot pay the whole amount. This will help safeguard your interests. You will also have a few additional days to arrange the necessary funds.

If you have many credit cards, start with paying the one with the highest interest rate. The greater your debt is, the higher your interest rate will be.

3. Don’t be concerned if you have paid more than what is needed

Mistakes happen, but financial mistakes may sting the hardest. Don’t be concerned if you misunderstood the bill amount or paid more than what was required. The extra amount will be deducted from your future invoices. It won’t go to waste, but make note of it and keep track of the difference in the next bill. You may contact the credit card issuer’s customer service if there are any issues.

4. Make reading your bill statements a habit

Even while transactions with credit cards are automated, they are not error-free. You must review your credit card account statements before making payments. It will also assist you in determining if a retailer has reimbursed you after retracting a transaction.

Conclusion

Many individuals depend on credit cards to purchase items because using credit cards has become popular in recent years. Credit cards also give financial protection and many features and incentives that tempt customers. Having credit cards, however, is only advantageous if you pay your credit card payments on a timely basis. The sum spent in a billing period should be paid well before the due date, or a lower amount must be paid. If you don’t, you may end up in debt due to extra charges.

While there are various choices for paying your credit card online, banks also provide options for paying your credit card account offline. This is helpful for folks who are new to internet banking.

One method of paying your credit card bill offline is cash at the closest bank branch of your credit card issuer, for which you must pay a processing charge. Yet, there are other options that this piece just covered.

To learn more about credit card bill payments, visit Piramal Finance and explore the products and services.