How a net banking app can help you manage your credit cards?
The increasing use of mobile banking has forced many banks to accelerate their digital transformation. The convenience a smartphone and a banking app offer is matchless. The users can avail themselves of the round-the-clock banking service by checking account balances, transferring funds, making payments, and managing credit cards from anywhere, anyplace. With a net banking bank app, you can do a lot to simplify and manage your finances.
For most people, personal finance is a huge challenge as they find it difficult to get clarity on their credit use. A credit card helps you shop for your needs by facilitating easy repayment of the credit used in small amounts. Using it appropriately can help you save interest on the money used. The credit card net banking facility from IFDC FIRST Bank helps manage your credit cards efficiently. With the banking app, you can:
Table of Contents
Track your credit card transactions
You can use the IDFC FIRST Bank mobile banking app to view your past and recent credit card transactions. They may be the credit cards issued by IDFC FIRST Bank or other banks. The app offers smart tools to categorize your credit card transactions based on the date or description and view and analyse them. You can keep a check on your spending by monitoring your expenses using the income and expenses analyser.
IDFC FIRST Bank offers you credit cards like FIRST Millennia, FIRST Classic, FIRST Wealth, and FIRST Select with attractive features such as low monthly interest, no or low interest on cash withdrawals, and rewards and redemption.
Pay credit card bills on time
The mobile banking application from IDFC FIRST Bank facilitates quick and prompt payments of your credit card bills. You can set up your payments and ensure that your credit card bills are paid on time. The app allows you to use the online fund transfer option for quick payments. You can choose any payment methods like NEFT, IMPS, RTGS, or BHIM UPI to pay credit card bills.
You can pay your bills using the Presentment billers option by setting up ‘AutoPay’ and paying the entire amount. The Payment billers option allows you to make an ad hoc payment or schedule the payment by fixing the amount and frequency.
View credit card statements
The IDFC FIRST Bank mobile banking app offers the services of a credit card app with features to import and view all credit card statements. You can also know the reward points earned.
Block your lost credit card
A mobile banking app also helps you block your credit card temporarily if it is lost or stolen. If you happen to find it, you can unblock your credit card and account and reuse it.
You can also cancel the card on the app if you fail to find it again. It will help hold all the transactions.
Increase your credit limit
Your credit card has a credit limit set by the bank. You can spend this amount on your card. If you have paid your credit card bills promptly, you can request an increase in a credit limit. IDFC FIRST Bank’s mobile banking app helps you to manage your credit limit by increasing it. However, it requires the bank’s approval, which depends on your credit score and personal circumstances.
The mobile banking app from IDFC FIRST Bank helps you to link any credit cards and manage them easily from one place. A credit card net banking app can provide you with all the information related to purchases, credit limits, reward points, cash advances, balance transfers, payments, interest charges, and fees.