Home   >>    Articles   >>    Historical Queries   >>     Credit Card   >>    20309-repay-30000-bak-matter-thinking-paying-credit-card
Get Credit Card Offers
A maximum of 5 providers will compete to give you the best rates (Aug 2018)

 

 

 

 
 
 
 
 
 

I authorize the website and its partner providers to call or SMS me in connection with my application & agree to the Privacy Policy and Terms of use

Search Queries related to...

Did not get what you were looking for? Ask an Expert


Ask An Expert

Date : Mar 5, 2009

Question

I have to repay an amount of Rs 30000 to bak. For that matter I was thinking of paying the amount through credit card. Is it a wise decision. Please suggest

Answer

If you can pay back the amount before the  due date of your credit card then you can pay the amount through your credit card. But remember this cash withdrawal for payment would charge you interest of around 2.75%-3%. But if you can't pay the amount before the due date then you would end up in a double as credit card interest rates are the highest of all i.e around 45%-50%. So think before you take a decision.

 

 

 

25434

i have credit card from icici bank with credit limit of rs 30000,but i want to increase limit

24665

Dear sir,I am planning to take a credit card. I am a frequent international traveler.pls sugges

24637

I am R. Mohan Das , i have applied for credit card in your(HDFC) bank. still we have not receiv

24634

i have a hdfc credit card.i want to purchase a laptop using my card.which brand could i buy usi

24618

Dear Sir / Madam, I needed some clarity on the working of the CIBIL ratings. I have been trying

24616

Dear Sir, I had SBI credit card. Card was stolen and misused for Rs.10000/-. On same date i hav

24575

how long the name stays with in the CIBIL list ,as i was going through other articled you have

24511

Mr. Rungta, How do i know the reason of the rejection of my loan application? If my name appear

24509

Hello Mr. Rungta, I am using credit card of HSBC. Its outstanding has reached to Rs. 36000 toda

24405

hi sir, I have outstanding amount for my 2 credit cards each of 30,000.i was unable to pay the

24403

hi sir, I have outstanding amount for my 2 credit cards each of 30,000.i was unable to pay the

24327

Dear Sir , Mohan fm bangalore .. I have an query .. abt my citi bank card . which has been ex

24324

I lost my job and am not able to pay back the HDFC credit card out standing in one shot. 1.I wa

24301

Greetings, Myself Akhtar a software engineer. I went to Hong Kong last year where i lost my I

24164

Hello Sir, i am name is vijay, I have some payment due on my credit card ( My friend misused i

23975

Is their any rule that the bank has to give a letter in writing regarding refusal of any loan w

23556

Greetings Please tellme the process of settelment of personal loan and credit cards

22279

what is the the maximum period for which cbil keep name of defaulter in negative list, in case

21012

i want to apply axis bank credit card so give me info. about this processing i have a governmen

20999

sir i have a salary account in a a bank,and in the dus course i applaied for a credit card and

20976

i have credit card from hdfcbnk with limit of only 30000 from more then one year i have paid th

20968

I have a serious issue with the Deutsche bank credit cards division. I was not getting my month

20949

sir i am having an icici credit card and am asking for a settlement for my dues and the amt tol

20946

sir,i have a salary account in hdfc bank and i opened it in 2008 march,i used it for 4 months a

20938

what is the terms and conditions to take a credit card from any bank

20780

Sir, I have a SBI Credit Card, Which I am paying my dues regularly. I recently called the Custo

20717

I am holding a Credit Card, the agent offered me settlement and initially I have decided to go

20706

sir, my name is sunil from mumabi aroune 2yr back i use to have icici cc with a credit limit of

20697

is minimum paying of credit card amount offer safe?

20696

i have thomas cook icici credit card ,and i want to do balance transfer ,so may i know what wil