{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.indusind.com\/iblogs\/manage-your-finance\/what-is-unbilled-amount-in-credit-card\/#BlogPosting","mainEntityOfPage":"https:\/\/www.indusind.com\/iblogs\/manage-your-finance\/what-is-unbilled-amount-in-credit-card\/","headline":"What is Unbilled Amount in Credit Card?","name":"What is Unbilled Amount in Credit Card?","description":"If you have gone through a credit card statement, you may have come across the term \u2018unbilled amount\u2019. After you complete a transaction on the credit card, its history can be seen under the \u2018unbilled amount\u2019 category. So, what is the unbilled amount on a credit card? It refers to the transactions from the credit card...","datePublished":"2024-06-19","dateModified":"2024-06-19","author":{"@type":"Person","@id":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/#Person","name":"IndusInd Bank","url":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"IndusInd","logo":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","width":201,"height":86}},"image":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/what-is-credit-card.jpg","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/what-is-credit-card.jpg","height":288,"width":764},"url":"https:\/\/www.indusind.com\/iblogs\/manage-your-finance\/what-is-unbilled-amount-in-credit-card\/","about":["Categories","Manage your Finance"],"wordCount":1100,"keywords":["credit card"],"articleBody":"If you have gone through a credit card statement, you may have come across the term \u2018unbilled amount\u2019. After you complete a transaction on the credit card, its history can be seen under the \u2018unbilled amount\u2019 category.So, what is the unbilled amount on a credit card? It refers to the transactions from the credit card that are yet to be processed and added to the credit card statement.Understanding Credit Card Unbilled AmountThe unbilled amount represents the credit card activity carried out successfully by the cardholder but not yet added to the billing statement.Let\u2019s take an example to understand this:Let\u2019s assume you have a credit card whose next billing cycle is the 10th of the upcoming month. You decide to use your credit card on the 3rd of that month and carry out a transaction of \u20b9 7000.So, until the bill comes on the 10th of the month, this \u20b9 7000 will show as the unbilled amount. It is because the amount has not yet been billed in a statement.If you had made another transaction of \u20b9 3000 on the 6th of that month, your unbilled amount would have been \u20b9 10,000 (\u20b97000 + \u20b93000).With a clear idea of what an unbilled amount is in credit card statements, let\u2019s see how and where you can check for the same.How to Check the Unbilled Amount in Credit Card?Now that you know what the unbilled amount on your credit card means, let\u2019s see how you can check for the same:1. Access your Net Banking PortalYou can log in to your net banking portal to access your credit card statement. In the statement, you will be able to see the unbilled charges.2. Sign up for Text Message AlertsYou can sign up for text alerts for unbilled transactions. This way, you will be updated about the unbilled amount on your credit card in real time.3. Reach out to Customer ServiceYou can contact the customer service of the bank to get clarity on the unbilled amount and clear any queries and doubts you may have.4. Access mobile applicationYou can also utilise the bank\u2019s mobile application to check the unbilled amount on your credit card.Also Read: What Happens When You Default on Credit Cards?Unbilled Amount Vs Outstanding Amount in Credit CardUnbilled amounts and outstanding amounts of a credit card might seem confusing.Here\u2019s a table that explains the difference between the two:Type of AmountMeaningUnbilled amountIt is the total amount that reflects all the transactions you have carried out on the credit card but has not been added to the monthly bill yet.Outstanding amountIt is the total billing amount that you must pay to the credit card company. It is also called current balance and can also include unpaid balances retained since the last statement.It is advisable to clear any outstanding amounts at the earliest to avoid interest charges and build a good credit score.ConclusionUnderstand the unbilled amount to manage your finances effectively. It allows you to track your spending and have a clear idea of the upcoming credit card statement balance.Planning on applying for a new credit card? Consider IndusInd Bank\u2019s range of Credit Cards \u2013 with exclusive benefits, rewards on everyday spending, travel privileges and discounts, flexible repayment options, and enhanced card security. The best part? You can apply for a credit card online since the process is instant, paperless and 100% digital!Apply Now for an IndusInd Bank Credit Card today!Disclaimer:The information provided in this article is generic and for informational purposes only. It is not a substitute for specific advice in your circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct\/indirect loss or liability incurred by the reader for making any financial decisions based on the contents and information.Share This:"}