HDFC Credit Card: Late payment charge revised; Do this to save money
The late payment charge on any card is levied when the cardholder fails to pay at least the minimum amount due by the due date. On every credit card, the minimum due amount is 5 per cent of the total outstanding amount.
In order to avoid the late payment charges, one should ensure that at least the minimum due amount is paid on or before the due date. Pixabay