The usage of a credit card has become more prominent lately. Not only it makes big-ticket purchases easier, but you can even use it to get the required amount of physical cash to make the payment. A credit card allows you to purchase stuff on credit which you need to pay later to the credit card company either at once or in EMIs. These payments are being made on the fixed date determined by the credit card company itself.rnAnother prominent use of credit card is when you make any payment or purchases online. In this case, you are required to link your credit card to your bank account. This is important and also provides you plenteous benefits which include:-
By linking a credit card with your bank account,
1. You can instantly make payment online.rn2. Can pay outstanding credit card bill automatically using your bank account on the due date each month.rn3. You can change your credit card pin onlinern4. View statement easilyrn5. Can request for your bank statement via mail
To operate HDFC credit card on the app, one needs to link it with their net banking service by logging on to their net banking account. Linking your credit card to your HDFC bank account is a simple process that every individual can set off with little efforts. By linking your credit card with your HDFC account, your money will be easily accessible in a single swipe. Linking your credit card with HDFC Account is fairly easy if you follow the given steps:-
Steps to link a credit card to your HDFC account
1. Start by visiting the official website of the “HDFC Bank”.rn2. Go to the “Net Banking” option present on the homepage and click on “Login” button.rn3. A new tab will be opened wherein you are required to click on “Continue” option.rn4. Log on to the website by entering your login details such as your customer ID & password and click on “Continue”.rn5. Once done with this, click on a link that says “registered new card”rn6. You will then be required to input your credit card details including your credit card number, ATM Pin, expiry details, and click on “Submit”.rn7. Soon after, you’ll receive an OTP on your registered mobile number which you need to enter in the space specified for it and click on “Submit”
Linking your credit card with the bank account is a one-time process after which you can enjoy easy access to your credit card anywhere and anytime. If you have not registered for the net banking facility, you will have to visit the nearest HDFC Bank branch and avail this service by filling up the registration form. You can even get this form online on the HDFC bank’s official website. Once you get this form and submit the duly filled form, you will receive an IPIN which is a Net Banking password that you will require to register for this facility.
Linking credit card with HDFC Bank’s mobile app is an easy process that everyone should go through to make their credit card usage simple and convenient. It enables you to pay your credit card dues on time using your HDFC Bank account. It also provides easy access to cash which means that you will not have to carry a surplus amount of cash every time to step out of your home.
Credit cards nowadays have become important in day to day life. Not only it does act as a financial safety for people, it also makes life so much simpler and convenient. With a credit card in hand, you can fulfill all your money related requirements instantaneously. Though Credit cards are increasingly becoming popular in India owing to the plethora of benefits and conveniences they offer. However if not used wisely, they can impact your credit score badly. Therefore it is wise to keep the below-mentioned tips in mind to get the most from your credit card usage:-
1. Pay your credit card dues on time.rn2. Instead of paying the minimum amount due, pay the amount in fullrn3. Stay below your credit card limit. Never overspend and exhaust your credit card limitrn4. Keep a track of your spending so that you can have a clear idea of how much you have spent.rn5. Check your credit card statement regularlyrn6. Set a sensible credit limit. It should neither be too high nor too low. Always set a credit card limit that you can easily pay.rn7. Once you pay all the outstanding dues, close your credit card account properly. It does not mean you simply close an account by just stop using it. Banks have fixed certain criteria to cancel a credit card that you need to follow.rn8. Understand that the amount you spend via credit card has to be paid by you only. Hence avoid overspending as it will only leave you in bigger debt.rn9. Though credit cards offer exclusive discounts on purchases both online and offline, before you get swayed from such tempting deals, you must think twice and only purchase those items that seem important to you. Also check the terms and conditions carefully to make sure any potential savings you might earn won’t be eaten away by fees and charges.
These are quite a few significant factors that you must keep in mind while
using your credit card. A credit card is a boon for those who use it wisely.
A word of advice: Never withdraw advance cash from your credit card. It might help you deal with an urgent financial crisis but with time you’ll end up accumulating more debt at the higher interest rate. Instead, increase your savings so that you can easily sail through all sort of financial crises and you won’t have to rely on your credit card.