Credit cards have become an indispensable part of modern life. They are easy to use and provide us access to quick credit when we don't have money available immediately. However, to continue enjoying the benefits of your credit card, it is important that you keep paying your credit card bills on time. Not doing so can negatively impact your credit score, and conversely, regularly paying your credit card bills on time helps you build a credit history. Most banks offer a variety of payment methods to pay credit card bills. One of the most convenient methods is to make a credit card payment through a debit card. There are two ways to make credit card bill payments through debit cards – online and offline. Read on to find out more about each below.
Online payment is the most common mode of credit card payment. However, it needs to be noted that most banks will only accept their debit cards for credit card bill payment through debit card. So for instance, if you are paying the bill for your HDFC Bank credit card, you cannot use a Citibank debit card to pay for it. You can however use your bank account of a different bank to pay your credit card bill through the netbanking option.
You can also pay your credit card bill through your debit card via offline mode. To do this, simply visit the ATM kiosk of the bank whose credit card bill you need to pay, insert your debit card, and select the pay credit card bill option. After entering your ATM pin, payment will be deducted from your debit card. However, once again it needs to be kept in mind that most banks only allow this facility at their own ATMs and through their own debit cards. So for instance, to pay your HDFC Bank credit card bill you would need to visit an HDFC ATM and pay using an HDFC debit card. While a few banks do allow payment through debit cards of other banks, they are the exception rather than the norm.
Paying credit card bills using your debit card has a number of advantages such as:
Ease of Payment – Like all online modes of payment paying credit card bills using debit cards takes just a few clicks to complete.
No Extra Charges – Most banks do not charge any extra fees for allowing you to pay credit card bills using your debit card so it is free of cost.
No Registration Required - If you are paying your credit card bill using a debit card of the same bank, no registration is required thus saving you time.
24 x 7 Payment – Pay your credit card bills at any time of the day at your own convenience.
Avail Offers and Discounts – Many banks offer you discounts and coupons when you make timely payments of your credit card bills online leading to major savings.
Most major banks accept credit card payments online through debit card as long as you are using a debit card from the same bank. These include HDFC Bank, ICICI Bank, Axis Bank, and SBI.
Yes, you can pay your credit card bill with a debit card provided both credit card and debit card belong to the same bank. Some banks may accept debit cards from other banks but it is advisable to first check with your bank before attempting to make payment for a credit card bill using the debit card of another bank.
You can make credit card bill payment using a debit card through two modes – online and offline. For online mode, simply log on to your bank’s bill payment portal and select the debit card option in payment methods. For offline mode, visit the ATM kiosk of your bank, insert your debit card and select the option to pay the credit card bill. You may not be able to pay offline at an ATM kiosk of a bank other than your own.