what is "Credit interest" in credit card.

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CITYZEN007
In my latest Axis credit card statement I could see an entry "credit interest " where they have credited some xx amount . Anyone knows what is that.

Is this because I made some advance payment last month? In past too I have done advance payments in various bank credit cards but have never seen this. Is this something new?
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Benevolent Benevolent
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Axis bank crediting money in your cc account is like 😄
Because they're only for .... 

You shouldn't be asking why biggrin

(If you have a clean sheet then you shouldn't be worrying)

Commentator Commentator
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??

Deal Lieutenant Deal Lieutenant
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They are giving interest of 7% on credit card spendings on CC statement.

LOL.

Just Kiddin.

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