How high are the supplementary or add-on card fees?
The Supplementary card/add-on card fee is the fee payable per additional card that a member may request for his close family member like father, brother, sister or spouse. This fee varies between Rs 125 to Rs 1,000. • Is it advisable to use the cash advance facility? Cash advance (withdrawal) fees are payable when you withdraw cash from an automatic teller machine using your credit card. Cash advance fees are very high and are mostly in the range of 2.5% per transaction of fixed at a minimum of Rs 50 or 100. This facility should be used prudently, as the interest rate is very high, usually around 38%. • What is my liability when I lose my credit card? In the event that you lose your credit card or it is stolen, then you must inform the bank immediately. The bank then deactivates your credit card to prevent any fraud. The lost card liability fee is payable on the expenses incurred during the period between the loss of your card and your having reported it to the bank. The lost liability
