| Description |
Charges |
| Standard Joining Fee |
Rs. 500 (Waived on spends of Rs. 5,000 within 45 days of card setup), for cards setup on or after February 07, 2011
Nil, for cards setup before February 07, 2011
|
| Standard Annual Fee |
From 2nd year: Rs. 200 (Waived on spends of Rs. 1,00,000 in the preceding year), for cards set up on or after February 07, 2011
Nil, for cards setup before February 07, 2011
Rent transactions ( MCC 6513 ) and wallet load transactions ( MCC 6540 ) will not be eligible for spends calculated in availing annual fee waiver
|
| Standard Add-on Card Joining Fee |
Rs 100, for cards setup before February 07, 2011
Nil, for cards setup on or after February 07, 2011
|
| Standard Add-on Card Annual Fee |
Nil |
| Finance Charges (Retail Purchases & Cash) |
3.75% per month (55.55% per annum) |
| Cash Withdrawal Fees |
2.5% (Min. Rs 500) of the Cash Amount |
|
Fee for Cash Payment
|
Rs. 175/-
|
| Card Replacement (lost or stolen or re-issue) |
Nil |
| Emergency Card Replacement Fee when overseas (through VISA) |
As per VISA Global Customer Assistance Services (GCAS). |
| Duplicate Statement Fee |
Waived |
| Overdue Penalty or 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
on missing payment of Minimum Amount Due (MAD) by the due date for two consecutive cycles. This
charge will continue to be applicable for every payment cycle until the MAD is cleared.
|
| Over Limit Penalty |
2.5% of over the limit amount (Min. Rs. 500) |
| Charge Slip Retrieval Fee or Copy Request Fee |
Waived |
| Outstation Cheque Fee |
Waived |
| Cheque return or dishonour Fee or Auto-debit Reversal Bank A/c out of Funds |
2% of the payment amount, with a minimum
fee of INR 500 and no maximum cap on the fee.
|
| Surcharge on purchase or cancellation of Railway Tickets |
As prescribed by IRCTC/Indian Railways |
| Fuel Transaction Surcharge |
1% of transaction amount (Refunded for fuel transactions between Rs. 400 and Rs. 4000) |
| Foreign Currency Transaction Fee |
3.50% of the transaction value |
| Mobile Alerts for Transactions |
Waived |
| Hotlisting Charges |
Nil |
| Balance Enquiry Charges |
Waived |
| Reward Redemption fee |
Yes |
| Rent Transaction fee |
1% on transaction will be applicable on each rental transaction done on MCC
6513
|
| Dynamic Currency Conversion Markup |
1.5% + taxes for each international transaction performed in
Indian currency at International location or transactions performed in Indian currency with merchants
located in India but registered in foreign nation |
