Over the limit payment Transaction on RBL

[enlightedinvestor]

Hi, I have to pay FX payment using my RBL World Safari Card oRs 4.5 lac & my current limit is 1 lac. If I prepay 1 lac into my RBL account can I pay 4.5lac in one go or I have to enable overlimit facility.

 

[akshayhs]

RBL is a crackhead bank. Just be careful. I normally do not recommend since over limit charges are expensive and given the amount involved, you will end up paying almost similar to other cards with Forex charges.

 

[aashuuuu]

You can't use an RBL card more than it's credit limit in a statement month.

 

[enlightedinvestor]

RBL is a crackhead bank. Just be careful. I normally do not recommend since over limit charges are expensive and given the amount involved, you will end up paying almost similar to other cards with Forex charges.

The thing is other cards will have forex of 3.5% so total fx fees would be 16k roughly. Also, I saw RBL says their overlimit fee is 2.5% which is low as i will have to pay for 2.5% on 1lac which is 2.5k (but not sure its on just amount or entire payment & will interest be charged on it)

 

[akshayhs]

The thing is other cards will have forex of 3.5% so total fx fees would be 16k roughly. Also, I saw RBL says their overlimit fee is 2.5% which is low as i will have to pay for 2.5% on 1lac which is 2.5k (but not sure its on just amount or entire payment & will interest be charged on it)

Charges on excess amount + GST