Pinelabs HDFC Bank Credit Card Fees and Charges:

  • Membership Fee: Rs. 499 + GST
  • Annual Fee is levied after 90 days of issuance only if the customer has not activated as mentioned during the time of sign-up in the application form.
  • First Year Fee waived upon spending INR 45,000 (Non-EMI Spends) within the first 90 days
  • Renewal Fee waived upon spending INR 50,000 (Non-EMI Spends) in the 12 months period.

Goods and Services Tax (GST)
Effective 1st July 2017, Goods & Services Tax (GST) is applicable on all Fees, Charges and Interest transactions. The applicable GST would be dependent on place of provision (POP) and place of supply (POS). If POP and POS are in the same state then applicable GST would be CGST and SGST/UTGST else, IGST.

GST for Fees & Charges / Interest transactions billed on statement date will reflect in the next month's statement.

GST levied will not be reversed on any dispute on Fees & Charges / interest

1% Fee on Rental transactions - from the 2nd rental transaction done every calendar month

1% Mark-Up to be applicable on all International DCC transactions