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The Economic Times

Economy / The Economic Times

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Axis, Kotak Mahindra raise charges for overseas card transactions

Axis Bank will increase the DCC fee on its credit cards to 3.5% from 1.5%, effective August 28, 2026, according to the bank's revised terms and conditions. Kotak Mahindra Bank will raise the fee on debit-card transactions to 3.5% plus goods and services tax (GST), from 1% plus GST, effective August 1.

30 Jul 2026 1:07 am