| Card Platform |
Visa Platinum |
| Joining Fee |
Rs. 250 |
| Annual Fee |
1st Year: Nil
2nd Year: Rs. 250
Rent Transactions (MCC 6513 and wallet load transactions (MCC 6540) will not be eligible for spends counted in availing annual fee waiver |
| Card Replacement Fee
|
Nil |
| Cash Payment Fee |
Rs. 175
|
| Duplicate Statement Fee |
Waived |
| Charge slip retrieval fee or copy request fee |
Waived |
| Outstation cheque fee |
Waived |
| Mobile Alerts for transaction |
Free |
| Balance Inquiry charges
|
Free |
| Finance Charges (Retail purchases and Cash)
|
3.75% per month |
| Cash withdrawal fee |
2.5% (Min. Rs. 500) of the cash amount |
| Late Payment Fee |
Nil if total payment due is less than Rs.500
Rs. 500 if total payment due is between Rs. 501- Rs. 5,000
Rs. 750 if total payment due is between Rs. 5,001- Rs. 10,000
Rs. 1200 if total payment due is greater than Rs. 10,000
An additional charge of Rs.100 will be applicable if the payment of Minimum Amount Due (MAD) is not made by the Payment Due Date (PDD) for two consecutive billing periods.
|
| Over limit penalty |
2.5% over limit amount (Min Rs.500) |
| Cheque return or Dishonour Fee or Auto Debit Reversal
|
2% of the payment amount subject to Min. Rs 500
|
| Surcharge on purchase or cancellation of railway tickets
|
As prescribed by IRTC/Indian Railways
|
| Foreign currency transaction fee
|
3.5% of the transaction value
|
| Reward Redemption fee
|
A reward redemption fee of Rs. 99 will be levied for each redemption transaction of EDGE REWARD points or EDGE Miles on the EDGE portal.
A fee of Rs. 199 will be levied for each instance of conversion/transfer of EDGE REWARD points or EDGE Miles to other miles partner loyalty programs. |
| Rent Transaction
|
1% on each rental transaction
|
| Wallet load transaction
|
1% fee will be levied on cumulative wallet load transactions of Rs. 10,000 or more in a statement cycle
|
| Fuel Transaction
|
1% fee will be levied on cumulative fuel transactions of Rs. 50,000 or more in a statement cycle
|
| Education Transaction
|
1% fee will be applicable on each education payments done through third party apps
|
| Utility Transaction
|
1% fee will be levied on cumulative spends of Rs. 25,000 or more made towards utility payments in a statement cycle within a statement period
|
| Online skill-based gaming
|
1% fee will be applicable for cumulative spends of Rs. 10,000 or more on online skill-based gaming platforms in a statement period
|
| Dynamic Currency Conversion Markup
|
1.5% plus taxes will be applicable for each international transaction performed in Indian currency or International location or transactions performed in Indian currency with merchants located in India but registered in foreign nation
|
