spends done on the billing date
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If I make some purchase/spend on the billing date, will it get included in the current statement cycle or next cycle? Is it same for all credit cards?
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https://www.desidime.com/comments/permalink/10281052
Next cycle
Same for all cards as transaction will show in statement only after settelment of transaction which is usually 2 days
https://www.desidime.com/comments/permalink/10281058
Transaction settlement takes time so 90% chance your spends on billing date will be included in next statement, but sometimes statement generation itself gets delayed and it gets included in current statement. Yes, All credit cards take time in transaction settlement.
https://www.desidime.com/comments/permalink/10281416
So even if I pay use the card before 1 day of billing date, it will get billed next cycle right?
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Mostly banks has settlement time of 2 days and until the transaction is not settled, it wont be billed. So in your case it will got to next statement as other dimers have also answered.
Next cycle. But if its upi spend, it wont take anytime to settle and will get billed in current cycle if bill is not generated by the time of txn.
So even if I pay use the card before 1 day of billing date, it will get billed next cycle right?
Sometimes not always. Amex includes all spends before bill generation date, rest dont. Thats my observation.