HDFC Bank new rules effective August 1: Key changes for credit card users
HDFC Bank Credit Card New Rules: HDFC Bank has implemented new rules and fees for its credit card users starting August 1. Here's a summary of the changes:
1% Charge on Rent Payments
![1% Charge on Rent Payments 1% Charge on Rent Payments](https://cdn.zeebiz.com/sites/default/files/2024/08/01/308573-hdfc-bank-pti.jpg)
Fuel Payment Charges
![Fuel Payment Charges Fuel Payment Charges](https://cdn.zeebiz.com/sites/default/files/2024/08/01/308574-fuel-69996381280-1.jpg)
- Personal Cards: No additional fee for fuel payments below Rs 15,000. For transactions above Rs that, a 1 per cent fee will apply, with a maximum limit of Rs 3,000.
- Business Cards: No additional charge for fuel payments below Rs 30,000. For amounts exceeding Rs 30,000, a 1 per cent fee will be charged.
Utility Bill Payments
![Utility Bill Payments Utility Bill Payments](https://cdn.zeebiz.com/sites/default/files/2024/08/01/308575-mobile-phone-9988711280.jpg)
Late Payment Fee Structure
![Late Payment Fee Structure Late Payment Fee Structure](https://cdn.zeebiz.com/sites/default/files/2024/08/01/308579-16.jpg)
The late payment fee structure has been revised as follows:
- No fee for amounts less than Rs 100.
- Rs 100 for amounts between Rs 101 and Rs 500.
- Rs 500 for amounts between Rs 501 and Rs 1,000.
- Rs 600 for amounts between Rs 1,001 and Rs 5,000.
- Rs 750 for amounts between Rs 5,001 and Rs 10,000.
- Rs 900 for amounts between Rs 10,001 and Rs 25,000.
- Rs 1,100 for amounts between Rs 25,001 and Rs 50,000.
- Rs 1,300 for amounts above Rs 50,000.
Charges on Educational Transactions
![Charges on Educational Transactions Charges on Educational Transactions](https://cdn.zeebiz.com/sites/default/files/2024/08/01/308580-education-19595511280.jpg)
Redemption Fee for Rewards
![Redemption Fee for Rewards Redemption Fee for Rewards](https://cdn.zeebiz.com/sites/default/files/2024/08/01/308582-credit-card-23081791280.jpg)