What is a credit card balance transfer?

Credit card balance transfer is the process of transferring owed balance from one credit card account to another. Upon carrying out this process, the debt is owed to the new card issuer as opposed to the original card issuer.

Privy League Visa Signature Credit Card Fees and Charges, Avail Credit Card with Amazing Offers Online

Fees & Charges

Fee & other Parameters	Privy League - Paid Card	Privy League - Free Card
Joining Fees	Nil	Nil
Annual Fees	2500^	Nil
Addon card Fees	Nil	Nil
Interest Charges on outstanding Balances	2.49% (Annualized 29.88%)	2.49% (Annualized 29.88%)
Interest Charges on outstanding Balances	2.49% (Annualized 29.88%)	2.49% (Annualized 29.88%)
Minimum Amount Due (MAD) (It will reflect in statement in column of minimum amount due)	MAD can be 5% or 10% of TAD as decided by the Bank	MAD can be 5% or 10% of TAD as decided by the Bank
ATM Cash Withdrawal/ Call a draft/ Fund Transfer/ Cash Advance per Rs. 10,000 or part thereof	Rs. 300	Rs. 300
Late Payment Charges ("LPC")	Rs. 100 for statement o/s less than or equal to Rs. 500	Rs. 100 for statement o/s less than or equal to Rs. 500
	Rs. 500 for statement outstanding between Rs. 501 to Rs. 10,000	Rs. 500 for statement outstanding between Rs. 501 to Rs. 10,000
	Rs. 700 for statement outstanding greater than Rs. 10,000	Rs. 700 for statement outstanding greater than Rs. 10,000
Over Limit Charge	Rs. 500	Rs. 500
Cheque Bounce Charges	Rs. 500	Rs. 500
Foreign Currency Mark Up	2%	3.5%
Railway Booking Surcharge ( on transaction amount)*	Waived	Waived
Fuel Surcharge**	Waived	Waived
Fee for Cash payment at Bank	Rs.100	Rs.100
Outstation Cheque Processing Fee	Waived	Waived
Reissue/ Replacement Card (per issunace)	Rs. 100	Rs. 100
Charge Slip Request	Waived	Waived
Machine Surcharge at ATMs	Waived	Waived
Balance Enquiry Charges at Non Parent Bank ATM	Waived	Waived
Duplicate Statement Request	Waived	Waived
Web Pay Service Fee	Waived	Waived
Please Note:
GST/Applicable taxes, would be charged as per the rates approved in the Finance Act each year on all interest & fees and other charges levied on your Credit Card
^Annual fee of Rs. 2,500 can be waived either by maintaining Black or Platinum Banking^^ Relationship or by spending Rs. 5 lakhs in previous year
*Maximum Railway surcharge waiver of Rs. 500 in a calendar year
**Fuel surcharge to be waived only for transactions between the values Rs. 400-Rs.4000. Maximum fuel surcharge waiver of Rs. 4500 in a calendar year (Free variant) and Rs. 300 per month (Paid variant)
^^Criteria of Platinum Banking relationship: (1) Relationship Value of Rs. 30 lakhs with an average monthly balae (AMB) of over Rs. 1 lakh in savings or current account. (2) AMB of over Rs. 10 lakhs in savings account (3) AMB of over Rs. 15 lakhs in current account
Disclaimer: we have discontinued the free variant (Free Card) of this product for new sourcing and the information above is displayed for existing cardholders only. We are sure that our large bouquet of active products with attractive features and offers will match your expectation. Thank you for understanding.