Credit Card Bill Payment Pitfalls: Common Mistakes to Avoid

In the modern world, practically everyone carries a small, rectangular piece of plastic in their wallets or purses- a Credit or Debit card. A few years ago, credit cards were less standard than today; using a card for payments has become customary. 

It is common for users to have more than one credit card, and the trend is quite understandable. A credit card bill payment app is available for all your pending and recurring credit card bills.

The benefits associated with credit cards are highly compelling and difficult to ignore. Moreover, as many banks introduce these offers, the application process has strengthened and streamlined, offering various options tailored to lifestyles and spending preferences.

What is a credit card?

A credit card is an overdraft facility where you have to pay the bill after the purchase, which offers a limit on the transactions depending on your income. They are widely accepted for transactions at different merchants, both online and physical stores.

The credit card bill payment must be made before the due date or on it so it does not affect your CIBIL score. They offer flexible and convenient repayment options and come with a predetermined limit.

Why do you need a credit card?

  • Safety valve

A credit card acts as a safety net when you don’t have immediate cash and need to make an instant payment. They can be used for emergency financial expenses as they are easy to use, just like debit cards, except for the deduction time of the amount.

  • Bettering your credit score

Having a credit card helps you build your credit score from scratch, which can help you get an easy loan if needed. Also, you get various cash-back options and other discounted deals that you don’t otherwise.

  • Flexible and convenient

Credit cards provide unparalleled convenience and adaptability, enabling you to make transactions at your convenience, regardless of location, without the need for physical currency.

What are the common mistakes to avoid when using a credit card?

There are many mistakes that one should avoid while using a credit card. Some of them are listed below:

  • Missing monthly payments

You need to pay your monthly dues to avoid high interest rates and late fees, which drastically affect your credit score, defeating the purpose of having a credit card in the first place. Set up monthly reminders so that you pay your bill on time.

  • Daily use 

It would help if you did not get used to using your credit card to pay even the grocery bill with a credit card, meaning that all your daily and necessary needs should not depend on the credit card.

  • You are only paying the minimum payments.

It is strictly suggested that you should not only pay the minimum required payments but also pay the entire bill during financial duress. Spending only a part of your credit card bill payment can lead to high-interest rates and even higher pending bills.

  • Maxing out your limit

It would help to spend within your limit and not hover around the limit amount because having a high credit utilization ratio can negatively impact your credit score. It would help if you always tried to keep your utilization between thirty to fifty per cent.

  • ATM withdrawals

The credit card provider will lure you with advance cash withdrawals and add an extra interest rate, even higher than the other rate, leading to increasing debt and financial health.


How to pay a credit card bill?

Bajaj Finserv came to my rescue and helped me pay my credit card bill on time and saved me from late fees and high interest rates. I had a credit card Kotak and wanted to pay my due account, but I needed to remember the Kotak app’s login details and could not pay the bill. 


Following are the steps that are required while paying a credit card bill:

  1. Download the app from the Play Store or the Apple Store.
  2. Log in through your registered email.
  3. Install by clicking on it.
  4. Open the app
  5. Enter your mobile number and generate OTP.
  6. After entering the OTP, proceed.
  7. Select credit card bill under the “financial service and taxes.”
  8. Select your credit card issuer.
  9. Tap on “fetch your bill” after entering the credit card number.
  10. Choose the preferred payment mode.
  11. Complete your payment.


Avoiding the above-mentioned common mistakes can help you maintain good financial habits, protect your credit score, and maximize your credit card benefits while avoiding unnecessary costs and debts. So, pay all your bills on time using the credit card payment bill app.

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