Banks Which Charges Processing Fee On Rent Payments Via Credit Card

Banks Which Charges Processing Fee On Rent Payments Via Credit Card

So as we all know that , Rent payment via Credit Card has became a boon for all Credit Card holders during empty pocket situation or financial crisis .

But since last year few Credit Card issuers have started to charge Processing fees for Rent Payment done on any platform like PayTM , CRED , FreeCharge , NoBroker , RedGirraffe Etc.

Many Credit Card users gets panic after they check the processing fee that reflect in their Card’s statement , Because they are not really aware about these charges .

Apart from Platform fees now Credit Card issuers have imposed processing fee against any kind of Rent Payments Via Credit Cards in Upcoming Bill which will get added within few days after making transaction .

Just like additional surcharge is being charged for using Credit cards at fuel stations , In the same way additional fees is being charged by Banks Or Card Issuers for using Credit Cards for Rent Payment at any Merchant .

Purple Pastel Playful 3D Illustration Business Financial Presentation 1

So , the main purpose for this Article on EarticleBlog is to provide you the exact information about these kind of charges that Banks levy on Rent Payments via Credit Card through any Apps/Website .

List Of Card Issuers & Processing Fee Charges For Rent Payment :

Bank / Card Issuer NameApplicable ChargesEffective From
Amazon Pay ICICI Card1% + GST20 OCT 2022
Axis Bank1% + GST05 MAR 2023
Bank Of Baroda1% + GST01 FEB 2023
CITI BankAwaitedAwaited
Kotak Bank1% + GST | Except White
And White Reserve Cards
15 FEB 2023
HDFC Bank1% + GST01 JAN 2023
ICICI Bank1% + GST20 OCT 2022
AU BankAwaitedAwaited
One Card1% + GST20 FEB 2023
RBL Bank1% + GST01 FEB 2023
SBIINR 199 Per TXN + GST17 MAR 23
Yes Bank0.5% + GST10 MAR 2023
Amex CardAwaited
Federal BankAwaited
Punjab National BankAwaited
Central BankAwaited
IDFC First Bank1% + GST03 MAR 2023
Bank Of IndiaAwaited
HSBC Credit Card1% + GST25 JAN 2023
IndusIND Credit Card1% + GST03 JAN 2023
Standard Chartered BankAwaited
Oriental Bank Of ComAwaited
HSBC CashBack Card1% + GST25 JAN 2023
Flipkart Axis Card1% + GST05 MAR 2023
Credit Card Processing Fees On Paying Rent .

So , Guys we have prepared above list of additional charges by confirming from official sources of Bank and Official Communication which were made to Card Holders in our Friend circle .

If you find any error , Then please notify us by leaving comment on Our Facebook Page .

You can also share this post to your Friends or Family , It’ll also help them to know about these additional charges and they can avoid paying rent Via Credit Card Uselessly .

Final Words :

This post might be helpful to those who were looking for the list of Credit Card issuers which are charging additional processing fee for paying any kind of Rent via Credit Cards . We will bring such more information in future .

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