emi convertion after credit card statement date?

86°
Deal Cadet
sj1

Hello,

I swiped my ICICI card to purchase a product, with no-cost EMI offer on POS machine at merchant store.

Now, the EMI convertion of the transaction takes few (2-5) days.

After swiping my card, my statement was generated the next day, and the transaction is not yet converted to EMI. So the amount due for the month shows the full amount swiped with the merchant.

Now, I am confused that how much do I need to pay towards credit card due? Full amount? or calculate the approx dues after EMI convertion? or some other way?

P.S. I already have another transaction in the statement which is already converted to no-cost EMI before statement generation date.

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Deal Subedar Deal Subedar
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Usually paying minimum due + emi is fine, 

BUT write to icici cc first, And keep that reply mail safe, if any issue arrives 

Cool Cool
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In case of SBI, cc guys asked me to pay minimum due. It might be same for ICICI. Ask them first for confirmation.

Critic Critic
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Tanmayyy wrote:

Your balance will be added back and emi will be posted in next statement

This is supposed to happen but still like others said, contact customer care & keep the reply email/record call just as precaution.

Deal Cadet Deal Cadet
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Thanks.
Customer care asked to pay the minimum amount due only, as the transaction was converted to EMI by the merchant.

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