Late payment charges of top travel credit cards

Here is a look at the finance charges and late payment fee for the top banks’ travel credit cards as on December 12, 2023.

(Source: Paisabazaar; The list has been compiled based on the maximum value-back provided by each credit card through rewards, air miles, discount and other travel benefits. It comprises the best travel credit cards across different segments like airline partnership cards, general air miles cards and cards co-branded with travel portals.)

Also read: Credit card late payment charges: Check how much you have to pay for top banks shopping credit cards

IDFC FIRST Bank

Club Vistara IDFC FIRST Credit Card
Finance Charges

• If any amount between Minimum amount due and total due is paid: 0.75-3.5% per month | 9-42% per annum
• If even the Minimum amount due is not paid by the due date: 3.99% per month| 47.88% per annum.

Late Payment Fee

• 15% of the total amount due (Minimum Rs. 100, Maximum Rs. 1,250).

Axis Bank

Axis Atlas Credit Card
Finance Charges

• 3.6% per month | 52.86% per annum

Late Payment Fee
For Total Payment Due-

• Up to Rs. 500: Nil
• From Rs. 501 to Rs. 5,000: Rs. 500
• From Rs. 5,001 to Rs. 10,000: Rs. 750
• Greater than Rs. 10,000: Rs. 1,200

Axis Vistara Signature Credit Card
Finance Charges
3.6% per month | 52.86% per annum

Late Payment Fee
For Total Payment Due:

• Up to Rs. 500: Nil
• From Rs. 501 to Rs. 5,000: Rs. 500
• From Rs. 5,001 to Rs. 10,000: Rs. 750
• Greater than Rs. 10,000: Rs. 1,200

State Bank of India (SBI)

Air India SBI Signature Credit Card
Finance Charges
3.5% per month | 42% per annum

Late Payment Fee
For Total Payment Due-

• Up to Rs. 500: Nil
• Greater than Rs. 500 to up to Rs. 1,000: Rs. 400
• Greater than Rs. 1,000 to up to Rs. 10,000: Rs. 750

Greater than Rs. 10,000 to up to Rs. 25,000: Rs. 950

• Greater than Rs. 25,000 to up to Rs. 50,000: Rs. 1,100
• Greater than Rs. 50,000: Rs. 1,300

Yatra SBI Card
Finance Charges

• 3.5% per month | 42% per annum

Late Payment Fee
For Total Payment Due-

• Up to Rs. 500: Nil
• Greater than Rs. 500 to up to Rs. 1,000: Rs. 400
• Greater than Rs. 1,000 to up to Rs. 10,000: Rs. 750
• Greater than Rs. 10,000 to up to Rs. 25,000: Rs. 950
• Greater than Rs. 25,000 to up to Rs. 50,000: Rs. 1,100
• Greater than Rs. 50,000: Rs. 1,300

IRCTC SBI Card Premier
Finance Charges

• 3.5% per month | 42% per annum

Late Payment Fee
For Total Payment Due-

• Up to Rs. 500: Nil
• Greater than Rs. 500 to up to Rs. 1,000: Rs. 400
• Greater than Rs. 1,000 to up to Rs. 10,000: Rs. 750
• Greater than Rs. 10,000 to up to Rs. 25,000: Rs. 950
• Greater than Rs. 25,000 to up to Rs. 50,000: Rs. 1,100
• Greater than Rs. 50,000: Rs. 1,300

HDFC Bank

Intermiles HDFC Signature Credit Card
Finance Charges

• 3.60% per month | 43.20% per annum

Late Payment Fee
For outstanding balance-

• Less than Rs. 100: Nil
• From Rs. 100 to Rs. 500: Rs. 100
• From Rs. 501 to Rs. 5,000: Rs. 500
• From Rs. 5,001 to Rs. 10,000: Rs. 600
• From Rs. 10,001 to Rs. 25,000: Rs. 800
• From Rs. 25,001 to Rs. 50,000: Rs. 1,100
• Greater than Rs. 50,000: Rs. 1,300

Kotak Mahindra Bank

Kotak Indigo 6E Rewards XL Credit Card
Finance Charges

• 3.50% per month | 42% per annum

Late Payment Fee
For statement outstanding-

• Less than or equal to Rs. 500: Rs. 100
• Between Rs. 500.01 to Rs. 10,000: Rs. 500
• Greater than Rs. 10,000: Rs. 700

Standard Chartered

Standard Chartered EaseMyTrip Credit Card
Finance Charges

• 3.75% per month | 45% per annum

Late Payment Fee
For statement outstanding-

• Less than or equal to Rs. 100: Nil
• From Rs. 101 to Rs. 500: Rs. 100
• From Rs. 501 to Rs. 5,000: Rs. 500
• From Rs. 5,001 to Rs. 10,000: Rs. 700
• From Rs. 10,001 to Rs. 25,000: Rs. 800
• Greater than Rs. 25,000: Rs. 1,200

ICICI Bank

MakeMyTrip ICICI Bank Signature Credit Card
Finance Charges

• 3.50% per month | 42% per annum

Late Payment Fee
For Total Amount Due-

• Less than Rs. 100: Nil
• From Rs. 100 to Rs. 500: Rs. 100
• From Rs. 501 to Rs. 10,000: Rs. 500
• Greater than Rs. 10,000: Rs. 750