Change Billing Cycle

Managing funds have effectively been the most important task for a customer when it comes to managing individual finances. Managing the outflow of funds can be made easy with the change bill cycle of the credit card.

The customer can now request to change the bill cycle of the existing credit card as per his convenience. Application allows customers to set a new billing cycle for any of the credit card which helps customers manage funds efficiently. The customer can view the existing bill cycle and opt a new desired cycle by selecting the desired date of the month.

Note:
1) If you change the billing day of primary card, accordingly its Add-on cards billing date will also get changed.
2) You cannot update the billing cycle if the previous request is in open status or if the card status is de-active.
3) You can update billing cycle in service requestA Service Request is a user request for information or advice, or for a standard change. as well as in online mode.

How to reach here:

Credit CardA credit card is a payment card issued to users (cardholders) as a method of payment. Dashboard > Account Card > Credit Card Details > Change Billing CycleThe number of days between your last statement date and your current statement date.

Field Description

Field Name	Description
Embossed Name	Customer name as embossed on the credit card.
Card Number	Card number in masked format.
Current Bill Cycle is 7th of every month	Existing billing cycle as maintained for the selected card.
Change your billing cycle to	New billing cycle for the selected credit card.

To change billing cycle for credit card:

1. The current billing day appears. From the Change your billing cycle to list, select the appropriate available new billing day to assign for the selected credit card.
2. Click Change.
   
3. The screen prompting you to change the current billing day appears. click Confirm .
   OR
   Click Cancel to cancel the transaction.
4. The success message appears, along with the service request number.
   Click Done to complete the transaction.
   

FAQs

On what basis credit card issuer decides credit limit?

Credit card issuer gives you a credit limit based on your credit history, your ability to repay, and the credit card itself.

When the periodical statements are generated?

At the end of each billing cycle, a billing statement will be generated.

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