Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs

SUPPORT

Menu  
 

Tata Capital > Blog > Credit Score > How Can You Check Your Credit Card Balance & Due Amount

Credit Score

How Can You Check Your Credit Card Balance & Due Amount

How Can You Check Your Credit Card Balance & Due Amount

Credit cards provide a flexible option for managing expenses. However, with this flexibility comes financial responsibility, which is why keeping a check on credit cards and outstanding balances is necessary. A quick first step is learning what a credit card balance is and how to check it using the tools at hand.

For frequent users of credit card products, it is important to understand credit card balances and the significance of knowing balances and due amounts. If you have been wonderinghow to check your credit card balance, this article will walk you through the process with clear steps.

What is a Credit Card Balance?

A credit card balance, or statement balance, is the total amount of money on your credit card. It includes both the current balance and the remaining credit limit. Your balance is influenced by purchases made on your credit card, which reduce it, and repayments made on your credit card, which increase it. It is a representation of your credit activity that can give you an idea of your financial status.

Why should you Check your Credit Card Balance?

There are three critical reasons to keep track of a credit card balance-

  • To know your spending limit: With spending limits in mind, you can plan your expenses properly and remain within your credit card limits. This information is extremely useful for budgeting and planning future expenses.
  • To ensure timely repayments: Staying updated on your credit card balance can help you time your repayments. This is a definite way of improving your credit score over time. A strong credit history can further increase your access to other credit products.
  • To detect fraudulent charges: Checking your balance regularly will ensure that you are vigilant of any fraudulent or unauthorised transactions on your credit card and can resolve them as soon as possible.

How to Check your Credit Card Balance?

There are different options available if you’re wondering how to know the balance of your credit card. Consider the following:

  1. ATM branch: Your local ATM is the easiest way to check your credit card balance. Visit the ATM, insert your card, and enter your PIN to authenticate the transaction. This will give you information on your credit card balance.
  2. Credit card statements: Another way of how to know the balance of your credit card is to access the credit card statements. Card issuers share detailed card statements that summarise credit card balances, due amounts and dates, and other relevant information. They are usually sent out monthly, either online or offline, depending on what you may have chosen.
  3. Net banking: Many credit card issuers also offer internet banking facilities for your convenience. After setting up an internet banking account, you can access it online using your credentials. Then, you can view details on your credit card balances, due amounts, and dates.
  4. Mobile banking applications: Your credit card issuer or financial institution will likely have mobile banking applications that you can download and access using your mobile phone. Simply log in to your account through the app, and you will have the option of checking your credit card balance.
  5. Customer care and SMS services: Finally, learn how to check your cc balance using your phone. You can also contact your credit card issuer’s customer care service via call or email. After verifying your identity, request your credit card balance details and the due amount.

Another option is to use the credit card issuer’s SMS services, which keep you updated on your credit card transactions and updates through text messages on the registered mobile number.

Conclusion

With a clearer picture of credit card balances and the ways to check them, you have access to the tools necessary for maintaining financial discipline. This awareness ofhow to check credit card balancesand being punctual on repayments on time is fundamental for a healthy credit score.

Thus, you can use your credit card balance knowledge to build a good credit history and ensure better financial management. Check your credit score online with Tata Capital and visit our website or download the app to explore our loan products.

FAQs

How can I check my credit card balance online?

If you’re curious about how to check your credit card balance online, use net banking services or your card issuer’s mobile application.

How do I check my credit card limit?

You can use the card issuer’s website or mobile application to check your credit card limit. Alternatively, you can contact customer care services to know your credit card limit.

Why is it important to check the credit card outstanding balance?

To manage your finances, maintain your credit score, and avoid debt, it is essential to check the outstanding balance on your credit card.

Will my credit card balance help in improving my CIBIL score?

Credit card balances do not directly help improve your CIBIL score. If you have an outstanding balance that you still need to repay, this can reduce your score instead.  

Disclaimer

Most Viewed Blogs

Trending Blogs

Calculator

Personal Loan EMI Calculator

Personal Loan EMI Calculator
Home Loan EMI Calculator

Home Loan EMI Calculator
Business Loan EMI Calculator

Business Loan EMI Calculator
Used Car Loan EMI Calculator

Used Car Loan EMI Calculator
Two Wheeler Loan EMI Calculator

Two Wheeler Loan EMI Calculator
Loan Against Securities Calculator

Loan Against Securities Calculator
Loan Against Property Calculator

Loan Against Property Calculator
More Tools
Our Subsidiaries
Our Private Equity Funds

Useful Links and Resources

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Policies, Codes & Other Documents

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Tata Capital Solutions & Services

Uh oh, something went wrong

Please try again later.