https://www.desidime.com/discussions/amazon-pay-icici-card-markup-fee-levied-on-refunded-txns?page=1#post_9071832
This is Normal (Forex fee for refunds + Current exchange rate). You should've gone with cards with zero/low markup fee
Amazon pay ICICI card - markup fee levied on refunded txns
- 857
- 15
-
- Last Comment
Dimers,
Need help. I made USD txn worth 1700$.. Apay card levied mark up fees and gst.. This is expected..
But unfortunately I had to cancel the txn.. Money refunded but ICICI charged again markup fees and gst... Pathetic..
Anyone experienced this? What to do to reverse those charges..
Need help. I made USD txn worth 1700$.. Apay card levied mark up fees and gst.. This is expected..
But unfortunately I had to cancel the txn.. Money refunded but ICICI charged again markup fees and gst... Pathetic..
Anyone experienced this? What to do to reverse those charges..
Expired
Top Comments
14 Comments
|
7 Dimers
- Sort By
https://www.desidime.com/discussions/amazon-pay-icici-card-markup-fee-levied-on-refunded-txns?page=1#post_9071837
getready wrote:This is Normal (Forex fee for refunds + Current exchange rate). You should've gone with cards with zero/low markup fee
Yeah... Shudve done that.. Missed that part.. Lost 10k due to these convertions... 
https://www.desidime.com/discussions/amazon-pay-icici-card-markup-fee-levied-on-refunded-txns?page=1#post_9071886
If U Paid Via Paypal, They Will Be Helpful In Issuing The Difference Amount For Refunds By Showing Proof Of Bank Statement Debit And Credit... 1 Time I Faced With This Problem And Got a Difference Amount.
https://www.desidime.com/discussions/amazon-pay-icici-card-markup-fee-levied-on-refunded-txns?page=1#post_9072034
i always use hdfc cc or sbi cc, they will refund u the mark fee plus gst
but axis, icici and some other cards wont refund those charges
https://www.desidime.com/discussions/amazon-pay-icici-card-markup-fee-levied-on-refunded-txns?page=1#post_9072156
Demondealer wrote:i always use hdfc cc or sbi cc, they will refund u the mark fee plus gst
but axis, icici and some other cards wont refund those charges
Are you sure Axis bank doesn't refund FCC charges?
https://www.desidime.com/discussions/amazon-pay-icici-card-markup-fee-levied-on-refunded-txns?page=1#post_9072285
https://www.desidime.com/discussions/amazon-pay-icici-card-markup-fee-levied-on-refunded-txns?page=1#post_9072362
Demondealer wrote:i always use hdfc cc or sbi cc, they will refund u the mark fee plus gst
but axis, icici and some other cards wont refund those charges
Forget about the refunding markup fee but this stupid icici charged markup fee again on refunded amount 
https://www.desidime.com/discussions/amazon-pay-icici-card-markup-fee-levied-on-refunded-txns?page=1#post_9072459
https://www.desidime.com/discussions/amazon-pay-icici-card-markup-fee-levied-on-refunded-txns?page=1#post_9073490
Expand
skaluva wrote:Forget about the refunding markup fee but this stupid icici charged markup fee again on refunded amount
I think you should escalate this issue and get the FCC refunded. It makes no sense that when the transaction has been reversed, the FCC is charged. It's your money, you should get it back. Based on their current practices, any international transaction made and canceled later will incur FCC. That's ridiculous and illegal.
https://www.desidime.com/discussions/amazon-pay-icici-card-markup-fee-levied-on-refunded-txns?page=1#post_9075590
Can't do much about it. Even if you call cc or ask RM they'll say they're hopeless. But push RM once more.
https://www.desidime.com/discussions/amazon-pay-icici-card-markup-fee-levied-on-refunded-txns?page=1#post_9076244
harshak9045 wrote:Can't do much about it. Even if you call cc or ask RM they'll say they're hopeless. But push RM once more.
No luck.. Seems I used most worst card for forex txns.. Big lesson..
https://www.desidime.com/discussions/amazon-pay-icici-card-markup-fee-levied-on-refunded-txns?page=1#post_9076852
https://www.desidime.com/discussions/amazon-pay-icici-card-markup-fee-levied-on-refunded-txns?page=1#post_9102530
Demondealer wrote:i always use hdfc cc or sbi cc, they will refund u the mark fee plus gst
but axis, icici and some other cards wont refund those charges
Any idea on AU bank?
I did one transaction in Indian currency. But still got charged markup fee. So i want to cancel and redo transaction via another card. Will I get full refund or will be charged another markup fee on refund?
https://www.desidime.com/discussions/amazon-pay-icici-card-markup-fee-levied-on-refunded-txns?page=1#post_9140388
Demondealer wrote:i always use hdfc cc or sbi cc, they will refund u the mark fee plus gst
but axis, icici and some other cards wont refund those charges
I did one transaction yesterday with sbi card. Transaction reversed within an hour.
Today it got settled and I see refund amount is about 0.7% lesser than charged amount. On top of that they didn't reverse 4.14% markup and gst. 5% loss for free. At least they didn't charge again on Credit transaction.
Was it auto refund for markup for you a Or u manually requested for refund?
Click here to reply
Reply
![[Loot]500GB Of Cloud Storage Free Pcloud](https://cdn3.desidime.com/topics/photos/1553637/medium/5C2U8bk9x9-SzmJqy4xb9urLqwY1JvX-kU4EEVL-bSSEjv1wyM7IT7o4svuAKbsHUoA_w240-h480-rw.?1679457075)
i always use hdfc cc or sbi cc, they will refund u the mark fee plus gst
but axis, icici and some other cards wont refund those charges