Steps On How To Clear Credit Card Dues On Time

A vareity of credit cards issued by banks means you can now use your credit card to pay everything. So it becomes a credit card debt loop situation where you excessively spend more while having a credit card. It results in a big credit card statement exceeding your monthly budget.

Here are the steps to clear credit card dues on time

1Keep track of due datesMake a note of the due date for each credit card and set reminders to ensure timely payments.
2Pay on timeMake sure to pay at least the minimum amount due by the due date to avoid late fees and penalties.
3Pay in fullIf possible, pay the full outstanding balance to avoid paying interest charges.
4Use autopaySet up automatic payments to ensure payments are made on time every month.
5Reduce credit card usageTry to limit credit card usage to avoid accumulating large balances that are difficult to pay off.
6Create a budgetCreate a monthly budget and stick to it to avoid overspending and accumulating credit card debt.
7Seek help if neededIf you are struggling to make payments, contact your credit card issuer
to discuss options such as a payment plan or hardship program.
8Prioritize paymentsIf you have multiple credit cards, prioritize payments based on the interest rate and outstanding balance. Consider paying off the card with the highest interest rate or the highest balance first.
9Monitor credit card statementsReview your credit card statements every month to check for errors or fraudulent charges. Report any discrepancies to your credit card issuer immediately.
10Avoid cash advancesAvoid taking cash advances on your credit card as they come with high fees and interest rates. If you need cash, consider other options such as a personal loan or line of credit.
11Use balance transfer wiselyIf you have a high outstanding balance on a credit card with a high interest rate, consider transferring the balance to a card with a lower interest rate. However, be aware of any balance transfer fees and make sure to pay off the balance before the promotional rate expires.
12Keep credit utilization lowAim to keep your credit card utilization below 30% of your credit limit as a high utilization can negatively impact your credit score.
13Negotiate with credit card issuerIf you are struggling to make payments, contact your credit card issuer and try to negotiate a lower interest rate or a payment plan that work

Remember, clearing credit card dues on time is essential to maintain a good credit score and financial health. By following these steps and tips, you can avoid accumulating credit card debt and stay on top of your payments.


It is always advisable to create a budget for credit card usage and base your purchases on it. By doing this, you can pay your account in full without rolling it over to the following month or getting caught in a vicious cycle of debt. The same can be done when you have a significant expense, like a vacation abroad. To avoid crippling credit card debt, organise your funds & utilise the best card offers.

Due to the numerous offers available, you can use your credit card to make hotel and travel reservations. Or, if you have sufficient air miles, you may use them to purchase tickets. These are a few strategies for reducing credit card debt quickly. It is crucial to do this since the quicker you pay it off, the less impact it will have on your credit score and report. 

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