KOTAK CHARGE 1 % for RENT
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We write to inform you that effective 15th February 2023, rent payments# made using your Kotak Bank Credit Card will be charged a fee of 1% of the transaction amount plus GST.
All other features on your Kotak Bank Credit Card will remain unchanged.
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https://www.desidime.com/discussions/kotak-charge-1-for-rent?page=1#post_9023617
https://www.desidime.com/discussions/kotak-charge-1-for-rent?page=1#post_9023373
Received the same mail.
https://www.desidime.com/discussions/kotak-charge-1-for-rent?page=1#post_9023375
Few issuers left now. All will charge extra for rent payments to discourage self transfer to bank
https://www.desidime.com/discussions/kotak-charge-1-for-rent?page=1#post_9027122
Meanwhile payzapp redgiraffe users, what is rent payment😂.
P.S. Payzapp redgiraffe rent payments is under insurance mcc.
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https://www.desidime.com/discussions/kotak-charge-1-for-rent?page=1#post_9166411
so they charge 1% + 18% gst ??? 118 rs for 10k payment ?
https://www.desidime.com/discussions/kotak-charge-1-for-rent?page=1#post_9399043
😊
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@abhishek012 good decision by Kotak ? VU ? 😁