INDIA
ICICI Bank has over 11 million credit card holders in India. Now in a move that may put an additional burden on credit card holders, the bank has introduced a new charge of one per cent on payment of rent using credit cards. In a message sent to its customers, the bank said, "Dear Customers, starting 20-Oct-22, all transactions on your ICICI Bank Credit Card towards rent payment will be charged at 1% fee."