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Mint
3 days ago
- Business
- Mint
New HDFC credit card rules: Utility payments beyond limit to face extra charges
HDFC Bank has announced a slew of changes in its credit card transactions that include new charges on wallet loading using third party apps, online skill-based gaming transactions and utility payments beyond the specified limit. The revised charges will be applicable from July 1. 'If you load third-party wallets with more than ₹ 10,000 per month on platforms like (but not limited to) PayTM, Mobikwik, Freecharge, or Ola Money using your credit card, a 1% charge will apply,' HDFC Bank said in its communication to credit card customers. 'The charge will be applicable on the entire wallet loading spend for the month and will be capped at ₹ 4999 per month,' it said. For utility transactions, a charge of 1% will apply if you spend more than ₹ 50,000 per month using your personal credit card (consumer cards). The 1% charge will apply if you spend more than ₹ 75,000 per month using business credit cards. 'The charge will be applicable on the entire utility spend for the month and will be capped at ₹ 4999 per month,' HDFC Bank said. 'Insurance transactions won't be considered as utility transactions hence no charge will be applicable,' it said. The bank has also capped reward points on insurance transactions on its popular credit cards. While the reward points on insurance transactions has been capped at 10000 per month on Infinia and Infinia Metal credit cards, it has been fixed at 5000 per month for Diners Black, Diners Black Metal and Biz Black Metal cards. For all other cards, the limit has been fixed at 2000 per month. Marriott Bonvoy cards, however, will not have capping on reward points for insurance transactions. HDFC Bank has fixed the maximum charge per transaction for rent, fuel and education categories at ₹ 4999. 'Kindly note that the existing charge of 1% will continue to be applicable on all rent transactions, only on fuel transactions more than ₹ 15000/ ₹ 30000 per transaction and only on education transactions done via third-party apps,' it said. 'If you make payments through college/school websites or their POS (Point of Sales) machines, there will be no charges,' HDFC Bank said. 'If you spend more than ₹ 10,000 per month on platforms like (but not limited to) Dream11, Rummy Culture, Junglee Games, or MPL, a 1% charge will apply,' the bank said. 'The charge will be applicable on the entire online skill-based gaming spend for the month and will be capped at ₹ 4999 per month. No reward points will be earned on online skill-based gaming transactions,' it said. Allirajan M is a journalist with over two decades of experience. He has worked with several leading media organisations in the country and has been writing on mutual funds for nearly 16 years.
Time of India
30-05-2025
- Time of India
Man loses Rs 1.3L in customs scam involving fake foreign friend in Gurgaon
Gurgaon: A resident was allegedly defrauded of Rs 1.32 lakh by cybercriminals who posed as customs officials and exploited his concern for a supposed foreign Facebook friend who turned out to be a fake person. The complainant stated that he received calls on April 18 from an unknown number claiming to be from the customs department. The caller told him that his foreign friend "Aliana", who supposedly arrived from Europe, was detained at the airport due to medical clearance issues and unpaid customs duties. The accused demanded Rs 130,000 for an "Anti-Money Laundering Certificate" to release her and assured Kumar that she would refund him once freed. "I just wanted to help my friend, but it seems she never existed," Kumar wrote in his detailed statement, adding that he now doubted the identity of "Aliana", whom he had previously interacted with on Facebook. Distressed and convinced of the urgency, Kumar transferred Rs 1,32,500 via PayTM from his Union Bank of India account using a scanner shared by the fraudster. After the payment, the caller claimed that Aliana had been released and would return his money. However, when Kumar tried to contact her via WhatsApp, he found himself blocked, and he later realised he had been scammed. Following the complaint, police registered the case under Sections 318(4) and 319 of the BNS.
Indian Express
08-05-2025
- Indian Express
Opinion Terrorists tried to break the trust, we must not let them
At the heart of tourism is trust: You check into a hotel room and trust your life with the staff; you trust the restaurant's hygiene; the taxi driver. When you mount a pony or go for a walk in a meadow in Pahalgam, you trust that no one will jump out of the chinar trees and fire at you. That's why the tourism boom in Jammu and Kashmir was not just about its stunning scenic beauty, escaping the heat or getting a great Insta reel — it was about trusting a whole new world. A group of men, blinded by ideology, cannot change that, will never change that. A nation's trust in itself is much more powerful and enduring. Two weeks after the Pahalgam attack, that's also a message we need to underline. The government's firm response with Operation Sindoor is a part of that message and seeks to reinforce that no one gets away with the murder of innocent people. I haven't had the privilege of visiting Pahalgam but I took notes on my last trip to the Valley a few months ago. There, I realised how trust is a two-way compact and how the changing Valley is all about building it. J&K's fraught history has been a story of trust and betrayal — whichever side you are on. From Maharaja Hari Singh to the Pakistani raiders to Sheikh Abdullah and Nehru to 1989 and the exodus of Pandits, the terror networks in Pakistan and to this day. On the street, though, trust played out in ways I had never imagined. I remember everyone I met there: Adil, the airline staff member, who called my home to say I had landed when my phone had died. Ashfaq, the driver of the car, who, when he saw me struggling with my phone, asked me if I had prepaid or a post-paid plan as he gave me a running commentary on the places I should visit. Iqbal, my guide who accompanied me to Dal Lake and introduced me to Abdul, the man in charge of the shikara, who gave me a crash course in the history and geography of Dal. Along the road that skirts Dal, there was also Ramesh, the migrant from Lucknow selling golgappas, who said he couldn't accept payment on PayTM because he had just got a connection which hadn't been activated. It began to drizzle and Iqbal brought me a cup of kahwa; when I asked about its ingredients, he took me on a trip across the country from south to north and west to east. One image that is seared into my memory is of armed security personnel across the city. When I asked Iqbal about their ubiquitous presence, he said: 'Someone says like a child, maybe Kashmir needs protection for the time-being. We need opportunity, if young boys do well in school, college, have jobs, and can follow their dreams, who will go on the path to terrorism?' News was my reference frame for Jammu and Kashmir and news, by definition, is about the outlier, about the man who bit the dog, but staying in the Valley for a few days, meeting its people, I was introduced to a social compact. Clearly, people I interacted with had rolled out the red carpet for me aware of the trust deficit I may have had. But for a moment, they put their own mistrust aside to reach out to me. It's this that was evident in the special session of the J&K House last week when Chief Minister Omar Abdullah so eloquently and poignantly admitted that the state had failed the tourists and underlined how the massacre had killed a bit of everyone, everything. How the people in the state had come together for the first time and sent a message to the killers: Enough is enough. What Abdullah was doing was to repair the broken trust. Even the PM, by framing the attack as an attempt to turn the clock back, was sending a powerful message: This was an attempt to sow mistrust is not just about tourism revenue or numbers, this is about repairing the very social compact that marks progress in J&K. In Pahalgam, the terrorists asked the tourists their faith. Knowing very well that not one tourist in that meadow had inquired about the religion of the pilot who flew them to Srinagar, or the faith of the taxi driver, the tea-stall owner; the local who ran the home-stays, the online bookings, the pony wallah, the shopkeeper, the guide. Because there was trust. Implicit and explicit. That was what broke in the Pahalgam afternoon on April 22 and that's what we need to restore for all of us. For, being Indian is about trusting our fellow citizens to lend their shoulder, to help each other out of a crisis, to understand. The tourist is the guest and the guest is God so it's the host who's entrusted with a very special responsibility. That's why we need to renew our trust. We cannot let four terrorists shatter the trust built with the kindness of strangers and the comfort of our fellow citizens. They need to be told that trust will always be stronger than terror.
