Utility Payments With Yes Bank And IDFC First Bank Credit Cards To Get Costlier

Utility Payments With Yes Bank And IDFC First Bank Credit Cards To Get Costlier

If you use the credit cards of Yes Bank or IDFC First Bank to pay utility bills like telecommunication, electricity, gas, water, internet services and cable services, then you need to know that very soon, making these payments will become more expensive. Both banks have decided to impose a surcharge on the payment of utility bills through credit cards.This rule will come into effect from May 1. This means that the surcharge will have to be paid on paying utility bills through the credit cards of both banks. Earlier, many banks had stopped giving reward points on utility bills, insurance and rent payments.The Yes Bank will levy a 1 per cent surcharge and GST on bill payments of more than…
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Source: https://www.news18.com/amp/business/utility-payments-with-yes-bank-and-idfc-first-bank-credit-cards-to-get-costlier-8852231.html