The Unbilled Amount is a list of credit transactions that have been made since the last credit card statement was generated.
A credit card statement refers to the credit card bill, which shows the outstanding amount that you would have to pay by your due date. This unbilled credit card amount is carried on to your next credit card statement as the amount due.
If you want to know how much you have spent so far on your credit card, you can check the unbilled transactions.
If your credit card statement is generated on the 4th of every month, your credit card statement will include transactions made between the 5th of last month to 4th of the current month. So if you make a transaction of say Rs.1,000 on the day your credit card statement arrives, this will be the unbilled amount since the amount is spent after the bill is generated.
The unbilled credit also includes cashback, reversals and any other payments received by the card. You can also pay your unbilled amount in advance to avoid chances of payment delays and interest rates going up. If you delay your payments, you might end up defaulting and this will affect your credit health report. Hence, this will reduce your credit score.
Check out – How to check your Credit Card Balance?