Credit card balance is the sum of money spent on your credit card, which you owe to the bank. Knowing your credit card balance is critical to ensure that you do not fail to pay your dues and hurt your spending capacity and credit score. There are several ways to know your credit card balance- SMS, call, credit card net banking, mobile app, email, ATM and branch visit. Read on to explore more about these methods.
The credit card outstanding balance is updated at the end of a billing cycle. You can check your credit card balance online as well as offline. Here are the different methods you can do it:
To check your credit card balance using the credit card net banking portal of your bank, you would need to first sign up and login into the official portal. Once logged in, you would be able to view the credit card balance on your dashboard. It will also be available in the ‘My Account’ section of the portal.
CC balance checker feature is also available on mobile apps offered by card issuers. To use the mobile app as the credit card balance check app you would need to first download the same and register for the service. Once you are logged in with the credentials you can go to your account information page where you will be able to verify the credit card balance.
A credit card balance check can also be done by sending an email to the bank. The mail should include your name, credit card number and date of birth, and be sent from your email id that is registered with the bank.
Your credit card e-statement also gives you an insight of the credit card balance. Apart from the list of transactions made, it also mentions the outstanding credit card balance and available credit limit.
You can call the credit card customer care number of your bank and post validation, request a customer care executive, or use the IVR feature to access information related to the balance of your credit card.
Transaction alerts through SMS also provide details about your outstanding balance every time you use the card for purchases. Some banks may even offer the advantage of periodic notifications whereby the outstanding balance and credit limit information is sent via SMS, each month, to your registered mobile number.
ATMs too offer the advantage of checking your credit card balance effortlessly. All you need to do is swipe your credit card on the dedicated slot and select the card balance option. Once you have authenticated your request with the PIN, you would be able to view your outstanding dues.
You can also visit the nearest bank branch to know your credit card balance. A bank executive would then check for authentication, post which your request will be processed.
There are several reasons why it is important to do a credit card balance check periodically.
You will be able to clear your outstanding by the due date and avoid interest charges
you can plan your future purchases in accordance with your outstanding bill and the available credit limit.
You can manage your finances better and be careful not to overspend on the card and pay a penalty.
Clearing the dues on time would also help in building your creditworthiness and help improve your credit score.
Online you can check your credit card balance by logging in to the net banking portal or mobile app, checking your credit card statement, or by sending an email to the bank. Offline, you can check your balance by calling the customer care number, sending an SMS, swiping the card at an ATM or visiting your nearest bank branch.
Yes, you can check credit card balance in a hassle-free way online as well as offline. Top banks offer several ways to keep a track of your credit card expenses such as netbanking, email, mobile app, customer care, ATM, SMS, etc.
You can check your credit card balance offline by calling the customer care number, sending an SMS, swiping the card at an ATM or visiting your nearest bank branch.
Most credit card balance check services are free, such as calling on the toll-free number, visiting the bank, checking on the net banking portal or the mobile app, etc. The charges for SMS are levied by the network operator and not the bank.
The credit card balance refund refers to the money that the bank owes you when you pay more than the outstanding amount on the card. In most cases, the amount is refunded to your credit card account which results in a negative balance on the card. Different banks have different methods to check their balance, like Axis credit card balance check, SBI credit card balance check methods.
Yes, credit balance has a direct impact on credit score. If the credit balance is high or you end up spending more than the available limit, your credit score will be lowered.