Schedule of charges
Short answer
The schedule of charges is the official document on every bank's website listing every fee applicable to your card — interest rate, late fees, cash advance charges, forex markup and more. It is the authoritative source; every figure on CardSamajh is indicative by comparison.
What it means
It is the fee list, in full, in the bank's own words — and publishing it is not a courtesy. The RBI Master Direction on credit cards requires issuers to disclose all charges in the Most Important Terms and Conditions. Every number that can ever appear on your statement is defined here: the interest rate, the late fee slabs, the cash advance fee, the forex markup, the annual fee and its waiver condition, and the reward redemption fee.
The common mistake
Relying on a blog, a comparison site or a friend for the number. Fees change, differ by card variant, and occasionally differ by customer. Anything not from the bank is a starting point, not an answer — including everything on CardSamajh, which is why we label figures indicative and dated.
What to note down, once
- The monthly interest rate (and multiply by 12 for the APR).
- The forex markup percentage.
- The annual fee and its waiver threshold.
- The late fee slabs.
- The reward redemption fee, if any.
Five numbers, ten minutes, and you never have to guess again.
Related
All figures on this page are indicative and dated. Rates and fees differ by bank and change over time. Always verify with your bank's official schedule of charges.
Frequently asked questions
Where do I find my credit card's schedule of charges?
On your bank's own website, usually linked from the card's product page and often titled 'Schedule of Charges' or 'Most Important Terms and Conditions'. It is also referenced on your monthly statement.
How often do charges change?
Banks revise fees periodically and are required to notify cardholders of changes. That is why every rate quoted anywhere else, including here, should be treated as indicative and checked against the current document.
Sources
The regulation and official pages this page is checked against. If one of them disagrees with us, it wins.
- Master Direction — Credit Card and Debit Card (Issuance and Conduct) Directions, 2022 — Reserve Bank of India
- FAQs on the Credit Card and Debit Card Master Direction — Reserve Bank of India
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Written and checked by the CardSamajh editorial desk · Last reviewed: · How we check this