any transaction charges for gold purchased in jewellery outlet with HDFC Millenia Credit cards

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Deal Newbie
seeker9898

I want to purchase gold worth some amount (example: 49000) with my hdfc millenia credit card in a offical retail jewellery outlet. my credit limit is 1 lakh.

I wil repay entire amount immediately within statement due date. this is not an EMI

Are there any additional transaction charges/finance charges/hidden charges/other charges

do i need to pay anything extra amount other than 49000 (as said taken as example)


[comment added as below DM reply from social media hdfc help handle]

“wish to inform that you can use your credit card to purchase gold jewelry upto the limit available on your credit card without any additional charges. However the same cannot be converted to EMI”

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Deal Cadet Deal Cadet
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As far as i know there are no additional charges from your credit cards issuer but the jewellery outlet may charge you card processing fees which can vary from 1% to 2% also you can try to negotiate with them that if they charge anything extra than you will not purchase anything.

Also there may be a slight chance that they will not charge anything extra.

Deal Cadet Deal Cadet
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Some jewellery stores are charging 1% ~ 3% payment gateway fees for purchase of gold coins & bars using CC

Deal Cadet Deal Cadet
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pay by UPI otherwise ready to pay for premium of 2-4% above your buy value. Choice is yours.

Deal Cadet Deal Cadet
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Recently I did purchased jewellery without any extra cost using CC. So its completely dependent on Jewellery Shop.

Deal Cadet Deal Cadet
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if u are going to a branded store there will be no charges, however for local shop min 1.5% extra 

Deal Newbie Deal Newbie
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this the DM reply from social media hdfc help handle

“wish to inform that you can use your credit card to purchase gold jewelry upto the limit available on your credit card without any additional charges. However the same cannot be converted to EMI

Deal Cadet Deal Cadet
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Why not buy jewellery with a milestone benefit card?

Deal Newbie Deal Newbie
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mihir2812711 wrote:

Why not buy jewellery with a milestone benefit card?

what is the benefit.is milestone benefit card a credit card from hdfc. I only have millenia and I need to spend 50000 to make ltf.

Deal's Advocate Deal's Advocate
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Ask beforehand to the shop cashier..so u don’t end up paying premium..
Or
If the 49k jewelry consists of multiple items.. just buy the minimum value jewelry first and wait for the amount to reflect in your cc unbilled amount..if it’s Same as bill amount u may proceed with the rest of the purchase..

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