# Axis Bank revises credit card rules, raises DCC fee to 3.5% from August 28 2026-08-18T08:51:31+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Axis Bank will change several credit card rules from August 28, 2026, raising the Dynamic Currency Conversion (DCC) fee from 1.5% to 3.5% excluding taxes, the Free Press Journal reports. Customers using a card abroad and choosing to pay in rupees will face higher charges. For a Rs 1 lakh transaction, the fee will rise from Rs 1,500 to Rs 3,500. Late payment fee on outstanding balances above Rs 50,000 will be Rs 1,300. Partial payments will first clear fees and charges before touching EMI dues or purchases. Gift card transactions will no longer earn reward points or cashback, nor count toward fee-waiver limits. Toll and road fee payments also become ineligible for rewards. ## Coverage - freepressjournal.in This story was synthesised by AI from the source linked above. Tags: Axis Bank, credit cards, Reserve Bank of India Canonical: https://indianopinion.org/axis-bank-revises-credit-card-rules-raises-dcc-fee-to-3-5-from-august-28/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/axis-bank-revises-credit-card-rules-raises-dcc-fee-to-3-5-from-august-28/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/