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Old 2nd November 2021, 14:21   #4966
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Default Re: The Credit Card Thread

I did not find this issue discussed before in this thread. After recent mandate by RBI on issues like voiding standing instructions on CC, I am finding that, I am no longer able to use any Indian issued card in transactions which doesn't generate OTP (Ex: Expedia.com, Agoda.com, eBay.com etc). I guess if the website doesn't have an 'Indian' payment gateway (which can generate mobile OTP), you can't use the card at all.

Has anyone else experienced this? This means the card to be used only for INR transactions alone. This could be a big disadvantage to consumers.
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Old 2nd November 2021, 18:18   #4967
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Default Re: The Credit Card Thread

Received the following notification on the change of terms for infinia.
No change in membership fees is what I was more interested in :-), that and 1+1 buffet at ITC hotels.
The Credit Card Thread-terms.png
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Old 3rd November 2021, 11:08   #4968
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Default Re: The Credit Card Thread

Hello!

People using ICICI’s amazon pay credit card- what’s the billing cycle of this card?

Thanks in anticipation of answer.

Regards,
Saket.
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Old 3rd November 2021, 11:13   #4969
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Quote:
Originally Posted by saket77 View Post
Hello!

People using ICICIís amazon pay credit card- whatís the billing cycle of this card?

Thanks in anticipation of answer.

Regards,
Saket.
I don't think it will be same for all but for me it is the calendar month.
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Old 3rd November 2021, 11:20   #4970
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Quote:
Originally Posted by saket77 View Post
People using ICICIís amazon pay credit card- whatís the billing cycle of this card?
6th to 5th. The payment due date is 24th.
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Old 3rd November 2021, 11:21   #4971
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Quote:
Originally Posted by sunilch View Post
I don't think it will be same for all but for me it is the calendar month.
Same for me, calendar month.

Last edited by Jaggu : 3rd November 2021 at 11:56. Reason: Let us avoid typing like this... and use proper punctuations. Thanks.
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Old 3rd November 2021, 11:42   #4972
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Default Re: The Credit Card Thread

Quote:
Originally Posted by saket77 View Post
Hello!

People using ICICIís amazon pay credit card- whatís the billing cycle of this card?

Thanks in anticipation of answer.

Regards,
Saket.
Billing cycle could be anything. You can go in the ICICI app and change the billing cycle as well.
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Old 3rd November 2021, 11:48   #4973
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Quote:
Originally Posted by msdivy View Post
6th to 5th. The payment due date is 24th.
I don't think it's the same for all. My billing cycle is the 18th of each month, with payment due date being the 5th of the subsequent month.
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Old 3rd November 2021, 12:14   #4974
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Default Re: The Credit Card Thread

Quote:
Originally Posted by saket77 View Post
Hello!

People using ICICIís amazon pay credit card- whatís the billing cycle of this card?

Thanks in anticipation of answer.

Regards,
Saket.
As far as I know, the billing cycle depends on when the card was issued/used first. For example if you got the card on 2nd, the cycle would start on 2nd. If you got it on 15th the billing would start from 15th and if it is 29 then it would be 29th.

Normally you will get a 15 days window to pay after the end of the cycle. So if the CC billing is till 15th, then the pay by date is generally 30th.
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Old 3rd November 2021, 12:27   #4975
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Default Re: The Credit Card Thread

Quote:
Originally Posted by saket77 View Post
Hello!

People using ICICIís amazon pay credit card- whatís the billing cycle of this card?

Thanks in anticipation of answer.

Regards,
Saket.
Quote:
Originally Posted by noopster View Post
I don't think it's the same for all. My billing cycle is the 18th of each month, with payment due date being the 5th of the subsequent month.
Me and my wife have the same billing cycle.
Billed on 18th every month and payment on 5-6th of next one. Is it possible this is default one and people can change it according to their preference.
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Old 4th November 2021, 07:14   #4976
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Quote:
Originally Posted by noopster View Post
I don't think it's the same for all. My billing cycle is the 18th of each month, with payment due date being the 5th of the subsequent month.
Quote:
Originally Posted by Aroy View Post
Normally you will get a 15 days window to pay after the end of the cycle. So if the CC billing is till 15th, then the pay by date is generally 30th.

For me, HDFC: billing cycle ends 17th of the month and due date is 7th (or 8th) of the next month. Axis: 18th and 8th. So for me it's more like 21 days to pay for either bank (rather than 15).

Also, it appears that HDFC and Axis allow 3 extra days compared to ICICI !
.

Last edited by meerkat : 4th November 2021 at 07:16.
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Old 4th November 2021, 17:30   #4977
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Default Re: The Credit Card Thread

Has anyone seen this CRED secure you card thing? Says as per RBI guidelines but couldn’t find much details. Is there any hidden charges for securing card on CRED?

Edit :
Quote:
Originally Posted by Everlearner View Post
I have secured my card on cred. When I made a purchase via cred pay, it did not ask for cvv or even otp. I think it is not required for payments upto 5k. I'm not fully sure whether this is good or bad. Does anyone know if we can 'unsecure' the card is we wish to.
Did you make similar purchases earlier? I never used CRED pay for any purchase so don’t have much idea on this. Not asking for cvv/otp indeed is scary. Maybe others can shed some light.

For reverting, maybe try archiving the card? Not sure if that would work though.

Last edited by SoumenD : 4th November 2021 at 17:53.
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Old 4th November 2021, 17:46   #4978
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Quote:
Originally Posted by SoumenD View Post
Has anyone seen this CRED secure you card thing? Says as per RBI guidelines but couldn’t find much details. Is there any hidden charges for securing card on CRED?
I have secured my card on cred. When I made a purchase via cred pay, it did not ask for cvv or even otp. I think it is not required for payments upto 5k. I'm not fully sure whether this is good or bad. Does anyone know if we can 'unsecure' the card is we wish to.
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Old 4th November 2021, 18:11   #4979
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Default Re: The Credit Card Thread

Using ICIC imobile application, I have changed the billing cycle by one week. That mean you can modify the billing cycle. No idea how many times you can effect this.

The Credit Card Thread-screenshot_20211104_181019.jpg

Quote:
Originally Posted by harry10 View Post
Me and my wife have the same billing cycle.
Billed on 18th every month and payment on 5-6th of next one. Is it possible this is default one and people can change it according to their preference.
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Old 5th November 2021, 02:23   #4980
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Quote:
Originally Posted by warrioraks View Post
I am still curious to know if there is a way to get this reversed?
You can call them up and talk and see if you can convince them to cancel the fee. Not sure if Diners (HDFC?) would reverse the charges - but others (Amex) certainly do on a case-by-case basis.

I suppose your card wasn't issued under the lifetime-free offers?
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