If you have an HDFC Regalia Credit Card or are thinking of getting the same, do check its payment options. Because a healthy repayment of credit card bills can be very rewarding to you. The bank charges a membership + renewal fee of INR 2,500+GST on this HDFC Credit Card. so, if you want to enjoy the benefits of HDFC Regalia Card, read this page below and learn what the payment options are.
Billdesk Payment Service for Non-HDFC Customers
If you don’t have a bank account with HDFC and have its Regalia Credit Card, pay your monthly bills using the billdesk service. This is easy to use and won’t take much of your time. For the payment, follow these instructions –
- Visit the bank website on your mobile
- Go to the payment section and select ‘Billdesk’
- Now, you’ll be at the payment terminal
- Enter your credit card number twice, email, and payment amount
- Select the account from which you want to pay
- Enter your bank account number and other details
- Click on ‘Pay’
- Upon successful bill payment via billdesk, you will get a notification on your registered mobile or email
Use Standing Instructions if You’re an HDFC Customer
Do you have an account in HDFC Bank? Yes, pay your Regalia Credit Card bill via standing instructions. This automatic payment mode allows you to be worry-free about the monthly payment. Add your credit card as a biller, and schedule automatic payments. This way, you won’t be hassling for credit card dues. You will get a 5% Cashback in the first 12 months if you set standing instructions to Smartpay recurring bills
Note – As you know the credit card bills are not fixed and they vary based on your spending. So adjust your standing instructions accordingly.
HDFC Mobile Banking App
The mobile app helps you pay your credit card bills anytime from anywhere. Open the app, and log in to the account. Go to the credit card section, and enter your credit card details. Check the due payment. Enter the amount you wish to pay, and double tap on the ‘Pay Now’.
Cash or Cheque
Visit any HDFC Bank branch, pay cash at the counter or deposit the same at an HDFC ATM by entering your 16-digit credit card number. When the payment is done, you’ll get a notification on your mobile.
Write a cheque in favour of Regalia Credit Card HDFC and deposit it at the bank branch. When your cheque is clear, the bill will be paid and you’ll be notified about the same.
What are the Consequences of Not Paying HDFC Regalia Credit Card Bills?
If you don’t pay your HDFC Credit Card bills, you will face the following –
Huge Debt
.Credit cards attract more interest than personal loans. So, if you don’t pay your bills, the interest can go up to 3.40% per month. And this could increase your bill payments. The more the due amount, the more it will be difficult for you to pay the bills. So gradually decrease your debt by paying a minimum amount each month.
Credit Report
Your credit report won’t be attractive if you have a record of huge credit card debt. So, if you proceed to apply for a new credit card or borrow a loan, your application will get declined. Why does it happen? Well, because your credit report shows you’re credit greedy and haven’t paid the old credit card bills.
This could also damage your reputation with the bank. So, no chance of any pre-approved card or loan offer. To manage this chaos of debt payment. Log in to your HDFC account and see the due bill. As you know the due amount is kept on attracting the interest charge plus there is a late payment charge. So, it won’t be possible for you to afford the payment in a lump sum. Here, you can pay the bill in installments to get rid of the debt and improve your CIBIL score. Because if you don’t do the same, you won’t get the benefits of this one of the best credit cards in India. So, take care of your payments with the methods mentioned above.
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