Shoppers using bank discounts while shopping online may be in for a surprise. Amazon has introduced a processing fee of Rs 49 on bank discount offers of Rs 500 or more.
As a result, customers who usually benefit from large discounts may face additional charges.
Here’s everything you need to know about how and when this processing fee will be applied.
Amazon has added a Rs 49 processing fee for customers using instant bank discounts (IBD) of Rs 500 or more.
This change started yesterday and applies to all customers, including Prime members. As a result, customers will see a reduction in their overall savings, potentially altering their online shopping habits.
The new Rs 49 fee will apply to bank discounts of Rs 500 or more. This fee is non-refundable, meaning it will not be returned if the order is canceled or returned.
Amazon explains this fee is necessary to cover the costs of managing and processing the bank discounts. Flipkart already has a similar policy in place.
Previously, if a customer used a bank discount of Rs 500 on a Rs 5,000 purchase, they would pay Rs 4,500.
Now, with the new processing fee, they will need to pay Rs 4,549, reducing their savings.
If the bank discount is less than Rs 500, there will be no additional Rs 49 processing fee.
This policy will apply to all customers, regardless of whether they are Amazon Prime members or not.
According to Amazon’s help center, the processing fee will not be refunded under any circumstances.
This new policy may encourage customers to adjust their shopping habits—either by purchasing below the Rs 500 discount threshold or exploring other payment options to avoid the fee.
Customers using bank discounts of Rs 500 or more will be charged the Rs 49 fee.
Even Amazon Prime members are not exempt from this fee. No fee will apply for discounts under Rs 500.
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