Credit Cards are a great tool for making purchases and earning rewards. Just like any other service, Credit Cards charge you a fee for providing the convenience and flexibility of instant credit. In order to choose
the best Card with minimum charges, it is first necessary to understand the types of charges in a Credit Card. Some of the charges you can avoid and some you must pay to be able to keep enjoying the perks and services of a Credit Card.
Has talk of interest, annual fees, rates and percentages left you feeling confused?
Our simple Credit and Charge Card guides are a great place to start.
## Annual fee of INR 495 will be 100% waived off if total money spent on American Express SmartEarn™ Credit Card in the immediately preceding Card Membership year is INR 40,000 or more.
*** Cardmember will be charged a revised interest rate of 3.99% per month if the Minimum Payment Due is not paid by the due date thrice in a 12-month period.
** Cardmember will be charged a revised interest rate of 3.99% per month if the Minimum Payment Due is not paid by the due date twice in a 12-month period.
1. Eligible spends do not include cash advances, express cash transactions, drafts made from the account, balance transfers and fees.