If a business manages its payments via its account department and employees don’t have access to online transactions, under such a situation, payments are made through cheques to pay the credit card bills. The cardholder needs to draw a cheque favouring the credit card number and issuer with the desired amount and signature to make the payment. Importance of credit card cheque paymentĬredit card cheque payment is simple, safe, and convenient. When a credit card holder writes a cheque favouring the credit card and puts it in the drop box or cheque deposit machine to make their credit card bill payment, this is known as credit card payment by cheque. Let’s discuss how you can make credit card payments via cheque here. Whether making a physical payment at the bank or using an online medium, making the payment during the billing cycle is all that’s important. If you recently got a credit card, you should know its billing cycle and how to pay your bills on time. It is also a good way to avoid the credit card debt trap. Paying your credit card bills on time is an excellent way to maintain your credit score and financial well-being.
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