Using a credit card is not a new thing for me. I am using my credit card since I started earning. While having an account in Indusind bank they offered me a credit card. it was all good until I paid all the bills on due date only. once due to some urgent purchasing I almost lasted my credit limit. on the due date I paid amount which was 5k less than my current. ( note: I use this in axis and within 1-2 days I pay the rest amount aswell, because due date used to come on 5th while salary date was 7th.
I always pay minimum atleast to avoid late payment charges.) this was common for me in axis. two day after I paid that rest amount also in indus credit card. but unfortunately I see a huge interest amount added in my next bill. I asked customer care that how you calculated this amount for just two days and remaining 5k amount. they answerd that they charge the interest on the total bill amount instead of pending amount. you have to pay full to avoid interest or just pay minimum to avoid late payment charges. this was shocking for me. anyways I deactivated my account from indusind bank now I am about to close mu credit card aswell from there.