CC Maximum Payment Allowed

[tuhin]

This month, I am noticing multiple payment apps like Cred/Navi/Paytm etc are not allowing me to pay actual full payment amount. Like, my credit card billing amount is 10K for this month but apps are allowing me to pay only 8k via BBPS, stating that if I pay more than that it can lead to payment failure. I already tried pay more than the allowed amount to one of my card & it failed. I am noticing this issue across various apps which are connected with BBPS. May I know, what is this? Why payment apps which are connected with BBPS are not allowing me pay actual full amount on my card? Thanks

 

[HumorSimpson]

May be a refund or cashback is getting counted towards payment. Check the entries made on your cc. May I know which card 💳 it is?

 

[TripleAce]

They are allowing you to pay the billed amount while you’re trying to pay the unbilled amount as well.
I faced the same scenario couple of days back so I paid the billed amount via CRED and cleared the balance unbilled amount via PayZapp as I hold HDFC cards mainly.
You can pay through a cheque also.

 

[cardy]

Check your credit card app . May be you have not that much current outstanding.

Now a days many credit card issuers like hdfc bank etc. are not allowing payment more than current outstanding

 

[TripleAce]

You’re right may be ..
I missed 10k billed amount lol
It’s time I use the Lenskart subscription 🤦🏼

 

[tuhin]

May be a refund or cashback is getting counted towards payment. Check the entries made on your cc. May I know which card 💳 it is?

I am facing these issues on multiple credit cards like HDFC/AXIS/SBI. Irony is that if I query my billed amount through payment apps, it is showing the same amount what CRED has quoted as statement amount but it is allowing me to pay less than that.

I shall check bank's statement manually now & try to understand. Didn't face such issue last month.

 

[tuhin]

Update: checked thoroughly the credit card statements of multiple bank (AXIS/HDFC/SBI). The statement amount is exactly similar with Cred fetched Full Bill Amount but BBPS (through multiple payment aggregators) is not allowing me to pay the exact same amount, instead allowing me 20-60% less that. This is another SCAM is loading to loot your account. If credit card company is not allowing me to pay full amount via BBPS then you may forget rest amount which can incur additional charges/interests moreover CIBIL Score damage.

Please check your statement due diligently. BBPS Scam is unloading..........

 

[panu24]

Update: checked thoroughly the credit card statements of multiple bank (AXIS/HDFC/SBI). The statement amount is exactly similar with Cred fetched Full Bill Amount but BBPS (through multiple payment aggregators) is not allowing me to pay the exact same amount, instead allowing me 20-60% less that. This is another SCAM is loading to loot your account. If credit card company is not allowing me to pay full amount via BBPS then you may forget rest amount which can incur additional charges/interests moreover CIBIL Score damage.

Please check your statement due diligently. BBPS Scam is unloading..........

You need to come here with some figures for some of your card to understand what is wrong happening in fetching current billed outstanding. I will not just call it a scam.

 

[BhaiyaJi]

Update: checked thoroughly the credit card statements of multiple bank (AXIS/HDFC/SBI). The statement amount is exactly similar with Cred fetched Full Bill Amount but BBPS (through multiple payment aggregators) is not allowing me to pay the exact same amount, instead allowing me 20-60% less that. This is another SCAM is loading to loot your account. If credit card company is not allowing me to pay full amount via BBPS then you may forget rest amount which can incur additional charges/interests moreover CIBIL Score damage.

Please check your statement due diligently. BBPS Scam is unloading..........

It can't be a scam. Try paying the maximum allowed and then try again. You will always have bank apps to pay more. Also, if you afraid of paying less than due amount, you can enable auto pay for all the cards.

 

[tuhin]

It can't be a scam. Try paying the maximum allowed and then try again. You will always have bank apps to pay more. Also, if you afraid of paying less than due amount, you can enable auto pay for all the cards.

Yes I paid through Bank apps, it has not taken through BBPS. I am not sure why BBPS is not accepting the full amount, even though I have not paid a single amount as repayment before.

 

[BhaiyaJi]

Yes I paid through Bank apps, it has not taken through BBPS. I am not sure why BBPS is not accepting the full amount, even though I have not paid a single amount as repayment before.

Post payment through bank app, check how much BBPS is allowing you now

 

[sunit123]

Bhai...Koi scam nahin hain...Just chill....As per RBI guideline, if you receive any refund after bill is generated then bank will bill net amount...Say ur bill is 10k and 1k is refund.....BBPS will show 9K as due even though credit card bill is 10k...

Pls Panic mat create kiya karo bina matlab ki

 

[tuhin]

You need to come here with some figures for some of your card to understand what is wrong happening in fetching current billed outstanding. I will not just call it a scam.

Another update:

I dialled HDFC/AXIS CC Customer Care numbers, and they confirmed to me that there were a few refunds that happened on my credit cards for some transactions, which I did after Statement generation date but received the refund due to some other reasons which is calculated as paid amount strangely but it shouldn't be. They acknowledged the issue & registered one ticket for it which is being taken care by their IT team to fix this calculation anamoly. Customer Care officer advised me to pay through NEFT & I did it. They shall adjust the amount accordingly.

For SBICARD CC, surprisingly there was no refund or nothing. I hardly use this credit card & I transacted last time during Amazon Freedom Sale (15th August). Still it is not allowing me to pay the same amount via BBPS or BillPay gateway. I tried to reach Customer Care to understand the anamoly but I didn't find the existence, line is continuously busy. I have already emailed them the issue. SBICARD is allowing me to pay less than 60% amount of actual statement due. I shall update here accordingly but this is a scam indeed. I tried to pay the maximum amount via CRED, now it is showing as 'fully paid'. If bank is allowing 50-60% of actual statement & CRED or any other app is showing that less amount as fully paid, definitely it's a SCAM. Why bank is allowing me to pay 50-60%, I didn't find the reason for SBICARD also how can a refund of a transaction which happened post billing date, calculated as paid amount, this is also pretty surprising!!

 

[cardy]

also how can a refund of a transaction which happened post billing date, calculated as paid amount, this is also pretty surprising!!

It's definitely not a problem. It's now a RBI rule, that you are not aware of!

You are already intimated by me and many friends in this very thread about the refund/cashback thing.

You are showing ignorance.

 

[tuhin]

It's definitely not a a problem. It's now a RBI rule, that you are not aware of!

You are already intimated by me and many friends in this very thread about the refund/cashback thing.

You are showing ignorance.

I don't want to argue here. I posted this thread to check the statement due diligently. Secondly, I do understand that refund can be calculated as payment but the main transaction should be done on post billing date, right!

Like my billing date is 1st Aug & the amount is 10K. Now, I did another transaction of 6K on 5th Aug & some reason I received the refund on 6th Aug. Then how can be the refund calculated on my billing amount? Is it not wrong calculation? If no, then why HDFC/AXIS acknowledged it & registed a ticket for rectification?

Secondly, for SBICARD suppose transacted 10K on 15th Aug, later it generated my bill on 25th Aug. Now SBICARD is not allowing me to pay 10K fully. I have done part payment & CRED is now showing as fully paid. If I open SBICARD portal, still it's showing pending payment amount!! How is this possible?

I have elaborated the issue already. It was quite learning opportunity for me to untrust CRED/Any other aggregator blindly. Now, I paid 60% less through the app but it's saying me fully paid.

I shall not provide any other comment on the repetitive information. If you think, it's not a scam, just my knowledge limitations. Fine, it can be! As an active member of this community, I highlighted this issue by which people can aware of. That's it....