How to read my HSBC credit card statement
Alia Murthy
Asked 23 Apr 2026
I just received my first HSBC credit card statement. Can someone explain the key sections — total amount due, minimum due, billing cycle, and grace period?
2 Answers
Two cards from the same bank usually share credit limit, not stack it. So if bank gives you ₹2 lakh total, splitting between two cards doesn't increase your available credit. That's a common misconception people carry when applying for their second card.
I closed my HDFC card last year. The process took exactly 7 days. They sent a confirmation email and a closure letter by speed post. Tip: pay off the full outstanding and request closure only AFTER the payment reflects. Calling repeatedly with a zero balance is the fastest path.
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