In this article we provide the information related to ICICI Credit Card Billing Cycle. If you are new to credit cards, the idea of billing cycles might be a bit confusing.
ICICI CREDIT CARD BILLING CYCLE
Your ICICI credit card’s billing cycle depends on your card activity. You can check it in the monthly statement or by calling the toll-free number. The billing cycle usually lasts for 30 days.
For example
If you activated your card on March 1st, you would get your statement on the 1st of every month. You can also check your billing due date using ICICI net banking.
 WHAT IS A CREDIT CARD BILLING CYCLE?
The billing cycle, also known as the credit card statement cycle, is the period for which bills are generated. All your transactions during this time will be in the monthly statement.
For example
If your billing date is the 4th of each month, the cycle runs from the 5th of the previous month to the 4th of the current month. All transactions in this period will be in your statement when the cycle ends.
UNDERSTANDING THE STATEMENT DATE OR BILLING DATE
The statement date, or billing date, is when your monthly statement is generated. It’s usually the last day of the billing cycle. Transactions after this date will be in the next month’s statement.
 CALCULATING THE PAYMENT DUE DATE
The minimum payment or minimum due is the smallest amount you must pay each month before the credit card due date. Paying this avoids late fees but doesn’t stop interest on outstanding dues.
WHAT IS THE MINIMUM AMOUNT DUE (MAD)?
When you can’t pay the entire outstanding amount, you can pay a smaller portion called the Minimum Amount Due (MAD). The credit card issuer decides MAD, and it’s in your monthly statement.
CONCLUSION ON ICICI CREDIT CARD BILLING CYCLE
Paying your credit card dues on time is crucial for getting the most out of your card. Whether you are tracking your billing cycle or managing minimum dues, staying informed makes your credit card experience smoother.