Is there a fee for late payment or exceeding the credit limit in Axis Bank Atlas Credit Card?

Credit Cards Axis
1

By chance I miss the payment or exceed my card limit what are the penalties for not paying on time or spending more than I’m allowed?

2

Yes, Axis Bank charges a late payment fee for the Atlas Credit Card if the payment is late or less than the minimum amount due. There is also a fee for exceeding the credit limit.

Late payment fee

  • There is no late payment fee if the total payment due is up to Rs. 500
  • The late payment fee is Rs. 500 if the total payment due is between Rs. 501 and Rs. 5,000
  • The late payment fee is Rs. 750 if the total payment due is between Rs. 5,001 and Rs. 10,000
  • The late payment fee is Rs. 1,200 if the total payment due is greater than Rs. 10,000