How changing your credit card billing cycle can help in better cash flow

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How changing your credit card billing cycle can help in better cash flow - Business Standard

Quick Summary:

Keep in mind that each bank has specific guidelines for altering billing cycles, so it’s important to review and understand these policies before proceeding.

In March 2024, the Reserve Bank of India revised its guidelines, mandating that credit card issuers must permit customers to alter their billing cycles at least once.

A billing cycle refers to the period between two statement dates on a credit card account.