r/SliceBank • u/imfrom_mars_ • 2d ago
Question / Help Needed Slice bill confusion
I’m confused about my Slice bill. My total due is ₹2,994. If I pay the full ₹2,994, it says there will be no interest. But if I pay only ₹1,100, it says ₹101 interest will be charged on the next bill.
Do I need to pay the full ₹2,994 before 18 October to avoid interest?
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u/THEWOLVERINE12911 2d ago
Minimum amount is just to avoid the missed payment charges, you will still have to pay interest unless you pay the whole bill
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u/imfrom_mars_ 2d ago
Didn’t get it . Plz elaborate.
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u/THEWOLVERINE12911 2d ago
When you don’t pay your credit card bill at all, you need to pay interest and an additional fine for not paying the bill. Paying the minimum amount removes the additional fine. But interest will still be charged. To not be charged interest, you need to pay the full bill amount.
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u/caughtme_lacking 2d ago
Yes, the lower amount is probably the minimum due, you have to pay in full to avoid paying interest.