Question
IDFC FIRST Bank launched the Business Multiplier Metal
Credit Card. What is the joining and annual fee for this card, and when is it waived?Solution
The card carries joining and annual fees of Rs 1,000 each, waived on annual spending above Rs 5 lakh. It offers FD-backed credit, up to 45 days interest-free credit, 0% forex markup, and global ATM cash access. The premium metal card displays both the business name and the cardholder’s name and is available against FDs starting from Rs 50,000.
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