Karur Vysya Bank KVB Credit Card Hotlisting (Retail/Corporate) , opens in a new tab

Charge

• Version 2.3 dated 03rd Mar 2026.
• Add-on card joining fee: ₹200/-.
• Finance charge (overdue interest on extended credit & cash advances): Retail 3.25% p.m. (39% APR), Corporate 2.95% p.m. (35.40% APR).
• Cash Advance Limit: Retail 40% of credit limit, Corporate 10%.
• Cash Withdrawal Charges: Retail ₹300/- per txn or 1% whichever higher, Corporate ₹100/- or 2% whichever higher.
• EMI/BT processing fees (Retail): ₹300 or 1% of loan amount whichever higher (Corporate: Not applicable).
• EMI/BT Foreclosure fees (Retail): 3% on principal outstanding (Corporate: Not applicable).
• Over Limit Charges: Retail 2.5% on over limit amount min ₹500/-, Corporate ₹500/-.
• Payment returns charges: Retail 2% of Total Amount Due min ₹450/-, Corporate ₹500/-.
• Fee on Cash Payment at Branches: ₹100/-.
• Rental Charges: 1% service charge for rent payments.
• Wallet Loading Fee: 1% on wallet loading transactions exceeding ₹1000 (MCC 6540, 6541).
• Education Fee Payment through Third Party Application: 1% of transaction amount (MCC 8211, 8220, 8241, 8244, 8249, 8299).
• Payments directly to colleges/schools via websites or POS not charged.
• Late Payment Charges (Retail): Less than 200 Nil.
• 200-500 ₹100/-.
• 501-2500 ₹300/-.
• 2501-10000 ₹500/-.
• 10001-25000 ₹800/-.
• 25001 and above ₹1000/-.
• Corporate LPC: ₹500/-.
• Card Replacement Fee (Lost/Stolen/Damaged): Retail ₹199/-, Corporate ₹500/-.
• Card Replacement Fee (Fraudulent transaction, reissue on Expiry): Waived.
• Outstation cheque Fee: Waived.
• Mobile/Email Alert Charges: Waived.
• Card Hot listing Charges: Waived.
• Physical Statement Charges: Not applicable.
• GST applicable on all fees and charges.

Verified · MITC (English) – General Credit Card (Retail & Corporate) · 2026-07-30 · source

Interest-free period

• Interest free grace period of 15-45 days (applicable only on retail purchases and if previous month's outstanding balance is paid in full).
• Interest free period from start of billing cycle shall not exceed 45 days.

Verified · MITC (English) – General Credit Card (Retail & Corporate) · 2026-07-30 · source

Fuel surcharge waiver

• Fuel surcharge waiver: Retail - 1% of transaction value, maximum ₹200/- per billing cycle (for single transaction spends between ₹500 and ₹4,000/-).
• Corporate - 2% of transaction value, maximum ₹300/- per billing cycle (for single transaction spends between ₹400/- and ₹4,000/-).

Verified · MITC (English) – General Credit Card (Retail & Corporate) · 2026-07-30 · source

Redemption value

• Reward Redemption Fee: ₹99/- per redemption request.
• Minimum 2000 reward points required for first redemption.
• Minimum 800 reward points for subsequent redemptions.
• Unclaimed reward points lapse once in 3 years or if Minimum amount due not paid more than 60 days.

Verified · MITC (English) – General Credit Card (Retail & Corporate) · 2026-07-30 · source

Reward cap

• Minimum 2000 reward points required for first redemption.
• Minimum 800 reward points required for subsequent redemptions.
• Unclaimed reward points lapse once in 3 years or if Minimum amount due not paid more than 60 days.

Verified · MITC (English) – General Credit Card (Retail & Corporate) · 2026-07-30 · source

Insurance

• Zero Lost Card Liability: Protection against fraudulent purchase transactions, covering 03 days prior to the reporting period from the moment loss of Card is reported to KVB by the Cardholder.
• Valid only for fraudulent payment transactions and must be supported with an FIR.
• Not valid for ATM and PIN based transactions.

Verified · MITC (English) – General Credit Card (Retail & Corporate) · 2026-07-30 · source

Official terms

https://www.kvb.bank.in/customer-service/.

Verified · KVB Credit Card Hotlisting (Retail/Corporate) , opens in a new tab product page · 2026-07-30 · source