Credit card bill payment

Credit card bill payment is the process of settling the outstanding balance on your credit card account. Credit cards allow you to make purchases on credit, and you are required to pay off the amount you owe by a specified due date. Failing to pay your credit card bill on time can result in penalties, interest charges, and a negative impact on your credit score.

Managing your credit card bill payments responsibly is crucial for maintaining good financial health and avoiding unnecessary debt. It's advisable to pay your credit card bill in full each month to avoid interest charges and to keep your credit score in good standing.