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The festive season is the time to make new purchases for the home and family and what is more convenient than using a credit card to pay for these. Not only do you get saved from the hassle of cash withdrawals, you can also stagger the expenses over your earnings from two months!

But, tracking credit card payments at the end of the month can be an exhausting task even for the financially wise and a simple oversight of payments in these busy times can attract heavy penalties and interest, and even a dip in your overall credit score if this becomes a repeated occurrence. For those who hold more than one credit card, the process becomes even more complicated as there can be multiple payment deadlines to keep track of.

Paying your credit card bills using the Paytm app offers you many benefits, making you wiser with your financial management each month. Paytm is a pioneer of QR and mobile payments in India, and the company’s innovations have made lives simple for millions of Indians.

You get reminders to pay before the due date, use multiple modes to pay including debit cards, internet banking and even get assured rewards for each credit card that you register.

Read on to know the top five reasons why you must pay all your credit card bills on the Paytm app.

Get timely reminders

Paytm allows you to pay your credit card bills through the Paytm app or website. Paying your credit cards on time is imperative as each time your credit card bill payment is delayed, you need to pay interest on the amount due, which is an unnecessary addition to your monthly expenses. You can easily avoid these charges if you sign up to pay your bills through Paytm, which sends timely reminders about the approaching due dates. Further, a strong record of timely payments can raise your credit score and improve interest rates.

Manage all credit cards in one place

Many of us hold multiple credit cards which also come with multiple payment due dates! The process of tracking so many cards can be both cumbersome and time consuming as you go to individual bank websites to make the payments. Paytm offers the advantage of being a one-stop shop for all your credit card payments. This also offers visibility of all your expenses, helping you to manage your overall monthly outflows better.

Multiple payment options

Making credit card payments using Paytm offers you multiple payment options and you can choose the mode that works best for you. When you use the Paytm app or website, you need to select the mode of payment for your credit card. The options include Paytm Wallet, UPI, Net Banking or Debit Cards. The entire process is totally secure and you also have the option of saving your credit card number to make the process of payment even faster the next time you are using Paytm for payments.

Hassle-free process

The process of credit card bill payment on Paytm is very simple and takes all of one minute. If you choose to use the Paytm Mobile app, go to the ‘Recharge & Bill Payments’ section, click on ‘Credit Card Payment’, enter your credit card details and click on ‘Proceed’ to check the bill amount. Next, select your payment mode and you are done! You can also choose to pay from the Paytm website.

Assured returns

By using credit cards as a mode to make payments, you can leverage deals and offers to supplement your spending. Very often, merchants run special deals for credit card holders, in addition to which you can also avail loyalty cashback offers and get vouchers from Paytm for every credit card payment using the payments platform. But, be sure to swipe the right credit card to maximise your savings!

Disclaimer: This article has been created on behalf of the brand by the HT Brand Studio team.

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