What is the Unbilled Amount in a Credit Card?

A Credit Card is a powerful financial tool that enables you to make large purchases easily. It offers numerous benefits, such as cashback, convenience, and converting purchases into EMIs. To fully enjoy these perks, it's important to understand key Credit Card usage aspects, like the unbilled amount concept. Knowing this will help you manage your spending and pay your bills smoothly. Here's an overview.

With Credit Cards, the unbilled amount refers to the total of all your Credit Card expenses that have not been included in your current month’s Credit Card statement. You can settle the unbilled amount in the subsequent, not in the upcoming billing cycle, for which the statement has already been generated, and a due date has been determined.

Let’s consider this example to properly understand how the unbilled amount in a Credit Card works. Let’s say your Credit Card statement is generated on the 18th of every month, and the due date for the payment is the 6th of the following month. Your statement will include the total amount spent between the 18th of the previous month and the 17th of the current month. Throughout this interval, which is the billing cycle, if you initiate transactions within your credit limit, you will be required to pay this amount on or before the 6th of the next month, your preset due date.

If, for some reason, you use your Credit Card on the 19th of the current month, which is essentially the day after your statement is generated, then such an amount is categorised as an unbilled amount and reflected in your next month’s Credit Card bill.

An unbilled transaction is one of those transactions you make after your current month's Credit Card statement is generated. After your Credit Card statement is generated, settling the balance payment by the specified due date becomes necessary. There is typically a gap of 15-20 days between the date that your Credit Card bill is generated and the payment due date.

But Credit Card issuers acknowledge that you may have to use your card during this interval of 15-20 days before the bill payment date. Therefore, they incorporate the transactions made during this period as unbilled in your next month's Credit Card statement. Unbilled transactions can include online and offline purchases, cash withdrawals, balance transfers, and unprocessed charges before your billing date.

Credit Card issuers enable you to check your unbilled transactions in various ways. The easiest ways to check your unbilled transactions on a credit card are as follows:

• Use Your Bank's Mobile App or Net Banking Platform

You can access most of the details and features concerning your Credit Card usage and billing information on your bank's mobile app. You need to register on the app, complete the KYC formality and create a password. Once done, you can check your Credit Card statements, billing date, outstanding balance, and unbilled transactions in the main menu. Alternatively, you can log into your card issuer's website or internet banking platform and navigate to the 'Credit Cards' section to find the details of your unbilled transactions.

• Contact SMS Alerts

Card issuers ask you to provide your contact number when you apply for your Credit Card. They then send real-time alerts about your Credit Card transactions to that number. Every time you make a transaction, you receive an SMS notification on your smartphone. You can check such alerts to keep track of the amounts spent after your current month's bill is generated.

• Contact Customer Service

Your Credit Card issuer typically has a customer care network to resolve your queries and concerns. You may contact them to check the unbilled amount on your Credit Card. You can ask the customer care executive (CCE) to specify the details of your Credit Card statement and the unbilled amount carried forward to the next month's bill. As a safety measure, the CCE may ask you to provide some information to authenticate your identity before answering your queries.

Knowing the unbilled amount on your Credit Card gives you a better idea of the remaining credit limit and the outstanding balance you must pay next month. It is a part of planning your Credit Card bill payment. As for paying the bill effortlessly, consider HDFC Bank's Credit Card. HDFC Bank offers a range of Credit Card options to suit your needs. You can also access our user-friendly app and website to conveniently manage your Credit Card bills. No matter the type of Credit Card you choose, you can expect quality customer support and numerous benefits to enhance your experience.

Find the right Credit Card for your needs and manage it seamlessly with HDFC Bank.

​​​​​​​*Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Credit Card approvals are at the sole discretion of HDFC Bank Limited. Credit Card approvals are subject to documentation and verification per the bank's requirements. Interest rates are subject to change. Please check with your RM or closest bank branch for current interest rates.

*Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances.