negative CC bill - Annual spending
- 503
- 6
-
- Last Comment
My credit card bill for this month shows a negative ₹4,000 balance. I want to understand how this affects the calculation of my annual spending for the fee waiver.
For example, up until last month, my total spending was ₹50,000. Since this month's bill is negative ₹4,000, will my annual spend still be counted as ₹50,000? I'm hoping this month's negative balance won't reduce my overall spending for the year and that it's treated as a zero balance for this month. anyidea?
5 Comments
|
4 Dimers
- Sort By
https://www.desidime.com/comments/permalink/10437517
spend and bill amount are completely different
Click here to reply
I believe your annual spend will drop down to 46k, unless it was a bill payment towards your credit card instead of a refund which led to this situation in the first place.