The month of August has started and from today many major rules have changed. There has been a change in everything from credit cards to LPG prices. This change will affect your pocket. If you also have a credit card of HDFC Bank, then from this month there is a change in the rules related to it (Rule Change From August), which may affect your monthly expenses. Also you may have to pay more charges.
1 percent extra charge on rent payment
If you use HDFC Bank credit card for rent payment through third party apps like CRED, PayTM, Cheq, MobiKwik and Freecharge, then you will have to pay an additional fee of 1 percent. For this, the maximum limit has been set by the bank at Rs 3,000 per transaction.
This much charge on utility transactions
According to India Today report, extra charges are also being imposed on utility transactions. However, no additional charges will be levied on transactions below Rs 50,000, but if the value of such payment exceeds Rs 50,000, a charge of 1 per cent will be levied, here also the per transaction limit is Rs 3,000. It has been fixed at Rs.
duty on petrol and diesel
If you make fuel payment through HDFC Bank credit card, now you will have to pay extra charge. If the card holder makes oil payment of less than Rs 15,000 then no charges will be levied, but for transactions more than this, a charge of 1 per cent will have to be paid. Talking about payment of insurance premium, no additional charges will have to be paid on Insurance Payments.
This new rule in educational payment
Any kind of educational payments made through third party apps will also be charged at the rate of 1%, however, no such charge will be levied on direct payments made through the official website of educational institutions or through POS machines. Will not be charged. Apart from this, International Educational Payments have also been exempted from this fee.