Devaluation - MasterCard Credit Cards Now charge 2.183% convenience fee on Utility bill payment on Amazon

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Finance Mentor
abhishek012

Devaluation - MasterCard Credit Cards Now charge 2.183% convenience fee on Utility bill payment on Amazon:

For example - If you have HDFC Millennia MasterCard Variant Credit Card now pay 2.183% convenience fee on Utility bill payment and get 5% cashback upto 1000 per month (Note: convenience fee charge for all banks MasterCard variant Credit Cards).

Tips: Convert to HDFC Millennia Visa Variant Credit Card and save 1% convenience fee.

Source - https://www.amazon.in/gp/help/customer/display....

How much is the fees I am getting charged?

Amazon will be levying:

- 2.183% convenience fee on all MasterCard Credit Cards and 1.18% convenience fee on all other credit cards except Amazon Pay ICICI Bank Credit Card.

- 1% on all debit cards except RuPay Debit Card.

-1.18% on Amazon Pay ICICI Bank Credit Card where the transaction amount is beyond INR 20,000 (Indian Rupees Twenty Thousand only).

- 1.18% on Amazon Pay Later where the transaction amount is beyond INR 20,000 (Indian Rupees Twenty Thousand only).

This is inclusive of all applicable taxes. No charges applicable for all other payment instruments.

Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
28 Comments  |  
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Comrade Comrade
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I am glad that I have changed the master variant to visa variant CC 3 Week's back

Finance Mentor Finance Mentor
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Yo. @Rosh_0007 isko promote kar do taki koi mastercard use na kare. 😀

Snapay now also charge 25% extra convenience fee for Mastercard credit cards.

tenor

10609773jetha-dance

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Deal Captain Deal Captain
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Converted mine when I got approval smile

Deal Lieutenant Deal Lieutenant
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Same converted mine too

Firestorm Firestorm
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End is Near 😬

Koi Charge laga raha h, koi limit decrease kar raha hai. 😔

Deal Captain Deal Captain
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Credit card ka benefits katam tata bye bye ho rhaye hye ,back to use kala pessa

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Generous Generous
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Swiggy hdfc ka master card to visa nahi kar rahe ye log.. rest almost all converted to visa.. recently did mc millenia to visa millenia.. infus legend mc to visa.

Sbi simplyclick mc to visa.

Rbl duet mc to visa..

Finance Mentor Finance Mentor
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RuPay variant me available wale card ko Visa maat kar dena. 😀

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Commentator Commentator
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any link or idea how to change to visa network?

Deal Captain Deal Captain
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Call customer care tell them don't need mastershit convert into rupay or visa or I will close card 100% sucess rate 😝

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Deal Cadet Deal Cadet
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Only on Amazon? not on Airtel app then.

Finance Ninja Finance Ninja
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soon the utility cashbacks will be closed by these credit card and networks xDDD

beginning of a new era

VU+ for awareness of this post news

Finance Ninja Finance Ninja
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plus insurance too soon enough...
Deal Subedar Deal Subedar
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One more reason of must have RUPAY network 🎉🎉🎉🔥🔥🔥

Finance Ninja Finance Ninja
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This too shall have charges/devaluations very soon enough...

Deal Cadet Deal Cadet
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People only used millenia Cc for amazon pay gv laughing in the back😁😃

Finance Ninja Finance Ninja
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Come and laugh in the front please, not back or corner... jhaadi mein to janwar rehte hain aur woh karte hai...
Deal Cadet Deal Cadet
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