New Banking Updates from 01.12.2021.
New Credit Card charges from 1 December 2021.
☞ Apply Axis ACE Credit Card - https://youtu.be/pekByKCZqFE
☞ Apply AXIS Bank Credit card- https://youtu.be/fcBgBdcTTpQ
° SBI Card New charges.
W.e.f. 01 Dec 2021, Processing Fee of Rs 99 + applicable taxes will be levied on all Merchant EMI transactions done at Merchant outlet / website / app
W.e.f. 01 Dec 2021, a currency conversion fee of 1.99% (for SBI Card ELITE and AURUM) and 3.5% (for other SBI Credit Cards) will be levied on international forex and DCC transaction refunds. This fee will not be applicable on refunds processed against disputed transaction.
✓ ICICI Over-Limit Fee: Bank may approve certain transactions attempted by the Card Member which
can breach the credit limit, as a service gesture. Please note that if the outstanding amount
exceeds the credit limit, an over-limit fee of 2.5% of the over-limit amount (subject to a minimum
of ₹500) will be levied, except for ICICI Bank's Emeralde Credit Card. Over-limit status may also
happen because of fees or interest charges.
With effect from 1st December 2021, the minimum over limit fee will be revised from INR 500
to INR 550. Other terms and conditions shall remain in effect and unchanged.
#Newbankingupdates
#1dec2021Updates
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