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Au bank credit card started charging processing fee for education payments just got message
Fee on rent transactions:
• A processing fee of maximum 1% or Rs.99 + GST (whichever is higher) will be applicable on all rental
transactions.
• Processing fee for rent transaction of any calendar month will be charged before 15th of the next
calendar month. For e.g.: Charges for rent transaction done in April will be charged before 15th May.
Please note: For the above-mentioned merchant categories, MCC codes are decided/provided by VISA or
network provider. All transactions on MCC 6513 are considered as rental transaction and above-
mentioned conditions are applied on those transactions.
Fee on Education transactions:
• International Education transactions will not be charged.
• Education transactions done directly through college/school websites or through POS machine at
their premises will not be charged.
• Education transactions done through third party applications like, not limited to, CRED, PhonePe,
Paytm, MobiKwik, Freecharge etc. will be charged.
A processing fee of maximum 1% or Rs.99 + GST (whichever is higher) will be applicable on all such
transactions.
Processing fee for these transactions of any calendar month will be charged before 15th of next
calendar month. For e.g.: Charges for such transactions done in April will be charged before 15th
May.
Please note: For the above-mentioned merchant categories, MCC codes are decided/provided by VISA or
network provider. Transaction on MCC 8211, 8220, 8241, 8244, 8249, 8299 is considered as education
transaction and the above-mentioned conditions are applied on those transactions.
Note: Charges on transactions in the rent and education categories are applicable on all AU credit cards
except on AU corporate credit cards.
For queries,
• Write to us on: creditcard.support@aubank.in or creditcard.priority@aubank.in (for Vetta, Xcite Ultra
& Zenith cardholders)
• Call us on toll free number 1800 1200 1500
Warm regards,
AU Small Finance Bank
Fee on rent transactions:
• A processing fee of maximum 1% or Rs.99 + GST (whichever is higher) will be applicable on all rental
transactions.
• Processing fee for rent transaction of any calendar month will be charged before 15th of the next
calendar month. For e.g.: Charges for rent transaction done in April will be charged before 15th May.
Please note: For the above-mentioned merchant categories, MCC codes are decided/provided by VISA or
network provider. All transactions on MCC 6513 are considered as rental transaction and above-
mentioned conditions are applied on those transactions.
Fee on Education transactions:
• International Education transactions will not be charged.
• Education transactions done directly through college/school websites or through POS machine at
their premises will not be charged.
• Education transactions done through third party applications like, not limited to, CRED, PhonePe,
Paytm, MobiKwik, Freecharge etc. will be charged.
A processing fee of maximum 1% or Rs.99 + GST (whichever is higher) will be applicable on all such
transactions.
Processing fee for these transactions of any calendar month will be charged before 15th of next
calendar month. For e.g.: Charges for such transactions done in April will be charged before 15th
May.
Please note: For the above-mentioned merchant categories, MCC codes are decided/provided by VISA or
network provider. Transaction on MCC 8211, 8220, 8241, 8244, 8249, 8299 is considered as education
transaction and the above-mentioned conditions are applied on those transactions.
Note: Charges on transactions in the rent and education categories are applicable on all AU credit cards
except on AU corporate credit cards.
For queries,
• Write to us on: creditcard.support@aubank.in or creditcard.priority@aubank.in (for Vetta, Xcite Ultra
& Zenith cardholders)
• Call us on toll free number 1800 1200 1500
Warm regards,
AU Small Finance Bank