- Important alert for credit card users
- ICICI Bank revised various types of charges
- Late payment charges increase drastically
- You have to pay Rs.1200 even after one day
ICICI Bank, a leading private sector bank, has recently brought bad news to credit card users. Revised charges. Announced that the new charges would come into effect from February 10th. The bank will now charge a 2.5 per cent fee for cash advance transactions. Takes a charge of at least Rs.500.
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The bank also revised the late fee. No late payment if you have a credit card balance of less than Rs.100. If the same is between Rs.100 and Rs.500 then a late payment charge of Rs.100 is payable. From Rs 501 to Rs 1000 but the charge is Rs 500. If the credit card balance is up to Rs.10,000 .. Rs.750, up to Rs.25,000 credit card balance up to Rs.900, if the credit card balance up to Rs.50000 then Rs.1200 will be charged.
Hence ICICI Bank credit card holders should definitely be aware of this. Otherwise the pocket will be perforated. The bank’s latest revised charges are likely to have a negative impact on customers. Late payment charges are huge. At the same time, cash advance charges also start from Rs.500.