ICICI Bank Credit Card Billing Cycle

A credit card billing cycle is the period between two consecutive billing statements during which your transactions are recorded. At the end of this cycle, your credit card statement is generated, which has details of your expenses, payments, and outstanding dues.

ICICI Bank credit card’s billing cycle varies for each user. The bill date of an ICICI Bank credit card depends on that billing cycle. The bank also allows you to change and choose your billing cycle online, giving you greater flexibility in managing your payments. Understanding your billing cycle can help you plan expenses and avoid late fees.

Your credit card statement is usually sent to you through mail or post. This statement clearly mentions the billing cycle for your ICICI Bank credit card. 

 

Here are some ways to know your credit card billing cycle:

• Through Email

You can receive the statement through an email in the form of a soft copy

• Through the Post 

You can receive the bill statement in the form of a physical copy though mail post

• Through ICICI Bank’s App

You can opt for the bank’s mobile application, iMobile Pay, where you can log in and check the billing cycle of your credit card

• Through SMS

You can get your credit card statement through an SMS as well

• Through Internet Banking

You can also log in to internet banking and get your credit card statement details

The due date of your ICICI Bank credit card bill is the last date by which you must make a payment. You can choose to pay either the total outstanding amount or the minimum due amount. Failing to pay by the due date may result in late payment fees and interest charges. 

You can pay your ICICI Bank credit card bill using various online and offline methods. Choose a payment option that suits your convenience and ensures timely settlement.

Online Payment Methods

Internet Banking (ICICI Bank Account Holders)

Log in to ICICI Bank’s Net Banking, go to the ‘Bill Pay’ section, and pay your credit card bill. Payment is credited within two working days.

 

iMobile Pay App

Open the ICICI Bank iMobile Pay app, navigate to the credit card section, and make the payment instantly.

 

Scan to Pay (UPI)

Use any UPI-enabled app or BHIM to transfer funds. Enter the ICICI Bank Virtual Payment Address (VPA): ccpay.<16-digit Credit Card number>@icici. For American Express cards, prefix ‘0’ before the card number.

 

National Electronic Funds Transfer (NEFT)

Register your ICICI Bank credit card as a payee in your Internet Banking account. Use your 15- or 16-digit credit card number as the account number and ‘ICIC0000004’ as the IFSC code. Payments take up to one working day to reflect.

 

Click to Pay (Non-ICICI Bank Customers)

Use ICICI Bank’s ‘Click to Pay’ option to transfer funds through Internet Banking of any bank.

Offline Payment Methods

ICICI Bank ATM

Visit any ICICI Bank ATM, swipe your ICICI Bank Debit Card, select ‘More Options,’ and pay your credit card bill instantly.

 

ICICI Bank Customer Care

Call ICICI Bank’s 24-hour customer care and follow the IVR instructions to pay using your ICICI Bank Debit Card. Payment is credited instantly.

 

Cheque or Demand Draft

• Drop a cheque/draft at any ICICI Bank branch or ATM drop box

  • Favour: ICICI Bank Credit Card <15/16-digit Credit Card Number>

  • Mention your name and phone number on the reverse side

• Processing time:

  • ICICI Bank cheques – 3 working days

  • Non-ICICI Bank cheques – 5 working days

  • Outstation cheques (ICICI Bank locations) – 12 working days

  • Outstation cheques (Non-ICICI Bank locations) – 21 working days

 

Cash Payment at ICICI Bank Branch

Deposit cash at any ICICI Bank branch. Payment is credited within one working day. A service charge of ₹100 plus applicable taxes applies. Make payments at least one day before the due date to avoid penalties.

A late payment fee is charged when:

• The minimum amount due is paid after the due date

• No payment is received by the due date

• The payment made is less than the minimum amount due

 

The late payment fee depends on the total amount due in your credit card statement. However, if you pay at least the minimum amount due before the due date, these charges will not apply.

 

Here are the late payment charges for ICICI Bank credit card, effective from 15th November 2024: