As soon as you get the card, you will be charged 5 charges - This is how banks fleece your pockets through credit cards, customers don't know this.

Credit Card Charges: The phone rings, you pick up the phone and a voice comes from the other side, Sir, this credit card is being offered to you for a lifetime, that too for free. The credit limit is also good. You will also be overjoyed. You will get caught in the trap of credit cards and when you use it, you will understand that nothing is free. Overall, the thing is that as soon as the card comes in your pocket, the bank will charge you 5 charges. Customers don't know this. And banks keep fleecing your pockets like this.

Agents give information about discounts and reward points on credit cards. Bank customer care also informs about this. But, hardly anyone tells you which charges will be levied after getting the credit card. But, there are 5 such charges (5 Charges on Credit Cards) that no one even mentions.

This is the most common charge that is levied on your card every year. It can range from ₹ 1,000 to ₹ 5,000, depending on your card type. Some cards are free for the first year, but charges are levied from the second year onwards.

This charge is levied when you transact abroad or withdraw money from an ATM. This charge can range from 2% to 4%.

This charge is levied if you do not pay your bill on time. This charge can range from ₹ 500 to ₹ 1,000. Late payment can also harm your credit score.

This charge is levied if you do not pay your entire outstanding amount every month. This charge can range from 2% to 4%. The minimum payment only covers the interest. In such a situation, you can remain in debt.

This charge is levied when you withdraw money from an ATM. This charge can be from 2% to 5%. Interest is also levied on cash advance, which is more than the interest levied on purchases.