Axis Bank Revises Credit Card Rules Including Higher Currency Fee and Late Payment Charges
Axis Bank will update its credit card policies from August 28, 2026, increasing the dynamic currency conversion (DCC) fee from 1.5% to 3.5%. Late payment fees will rise to Rs 1,300 for outstanding balances above Rs 50,000, while fees for lower balances remain unchanged. Gift card purchases will no longer earn reward points or count toward fee waiver calculations. The bank also clarified the order of partial payment adjustments, prioritizing fees and charges before outstanding balances.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (50/100). Lens Score 39/100.
Outlets measured: economictimes, freepressjournal. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–50/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
freepressjournal broke this story on 18 Aug, 08:07 am. Other outlets followed.