Can bank charge Credit Card Transaction Service Charges ?

POSTED BY Rishi Bhatia ON February 19, 2015 4:08 pm NO COMMENTS

Hi,

I’m being charged 2.5% service charge for using a credit card. There was an article on this forum, but, the link mentions only about debit cards (http://www.rbi.org.in/scripts/NotificationUser.aspx?Id=8461&Mode=0). Is there any official notification by the RBI on this – specifically – service charges on credit card transactions.?

What are my options here, apart from paying in cash?

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