The credit card is an excellent financial tool that comes to your help at times of financial crunch. Each credit card comes with a billing cycle of one month and at the end of the one month the statement is generated. It is also essential that you make the credit card payment in time. This will avoid in paying the late payment fee and will improve your credit score. Improving of credit score will help you in availing the loan in future at lower interest rates.
It is a hassle to make payment for your credit cards. But now-a-days, the lenders have made it easy to make payment online itself. Some of the ways through which you can make credit card payment are as follows:
![broken image](http://custom-images.strikinglycdn.com/res/hrscywv4p/image/upload/c_limit,fl_lossy,h_9000,w_1200,f_auto,q_auto/1478322/credit-card-instant-payment_kggbap.jpg)
- Fastest method of payment is through internet banking by selecting the credit card as the amount will be mentioned there itself.
- Pay through debit card though this option is available only with few banks and it is done immediately
- Pay through National Electronic Funds Transfer (NEFT) or Immediate Payment Service (IMPS). However, Real Time Gross Settlement (RTGS) cannot be used to make credit card payment. In India, both NEFT and IMPS are accepted.
- Now-a-days, many banks have customised applications on browsers along with their mobile banking apps just like online portals. Otherwise, you can make payment through mobile applications from any part of the world and 24/7.
- You can also give standing instructions to your bank so that every month the amount will be automatically debited from your savings account for credit card payment.
However, it is not ideal to pay just your minimum amount due as in the long run your interest will be carried forward. Since the credit card comes to your help at times of financial emergencies, it is also important that you repay the dues in time.