HDFC Bank Credit Card Statement Quiz
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Questions and Answers

What is the statement date of the HDFC Bank Credit Card statement?

  • 21/03/2021 (correct)
  • 15/04/2021
  • 01/03/2021
  • 10/04/2021

    • What amount is recorded as the total dues on the statement?

  • 0.13
  • 0.00
  • -0.13 (correct)
  • -0.01

    • How much is the available cash limit stated in the document?

  • 40,000
  • 20,000
  • 16,000 (correct)
  • 14,000

    • What is the minimum amount due by the payment due date?

    <p>-0.13</p> Signup and view all the answers

    What is the available credit limit shown in the statement?

    <p>40,000</p> Signup and view all the answers

    What should not be used for working capital funding according to the content?

    <p>Personal credit card</p> Signup and view all the answers

    What is the opening balance listed in the statement?

    <p>290 points</p> Signup and view all the answers

    What action should be taken if there are discrepancies in the statement?

    <p>Inform within 30 days</p> Signup and view all the answers

    As of the closing balance, how many points are left unexpired?

    <p>290 points</p> Signup and view all the answers

    What type of transaction is represented by the description 'AUTOPAY THANK YOU'?

    <p>Credit transaction</p> Signup and view all the answers

    Which of the following amounts is credited in the statement?

    <p>893.00 Rs.</p> Signup and view all the answers

    What does the available credit limit account for?

    <p>Charges that are incurred but not billed</p> Signup and view all the answers

    What happens to the content of the statement without informing about discrepancies?

    <p>It is deemed correct and accepted</p> Signup and view all the answers

    What occurs if only the Minimum Amount Due is paid?

    <p>Interest charges are applicable on the remaining amount.</p> Signup and view all the answers

    How can a cardholder hotlist their credit card?

    <p>By logging into Netbanking or calling phone banking numbers.</p> Signup and view all the answers

    What is the significance of the 'Total Amount Due' on the account summary?

    <p>It includes all charges incurred in the billing cycle.</p> Signup and view all the answers

    What actions may a bank take if a customer defaults on payments?

    <p>The customer's name may be added to the list of defaulters.</p> Signup and view all the answers

    Which statement regarding Credit Information Companies (CICs) is true?

    <p>They provide credit risk assessments approved by the Reserve Bank of India.</p> Signup and view all the answers

    What does the average daily reducing balance method imply?

    <p>Interest on the outstanding balance is reduced daily.</p> Signup and view all the answers

    What facilities are available to manage transactions on the credit card?

    <p>Transaction management is available through Netbanking, EVA, and WhatsApp.</p> Signup and view all the answers

    What does a balance of -$0.13 indicate in the account summary?

    <p>A small negative balance indicating excess payment or credit.</p> Signup and view all the answers

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