Using Bank Discounts On Amazon? Now Pay Rs 49 Non-Refundable Fee On Transactions Over Rs 500

Amazon follows its competitor Flipkart, which has already been charging a similar processing fee. According to Amazon, this fee helps cover costs associated with “aggregating, managing, and processing bank discount offers" on their platform.

With this new policy, customers using bank discounts will need to include the additional charge when calculating their savings. For instance, a Rs 5,000 purchase with a Rs 500 bank discount will now cost Rs 4,549 instead of Rs 4,500.

Bank Discounts Below Rs 500 Will Not Incur The Fee

The processing fee structure applies to all Amazon customers without exceptions, including Prime members. However, customers using bank discounts below Rs 500 will not incur this additional charge.

Amazon’s help center clarifies that the processing fee is non-refundable under any circumstances, including order cancellations or returns. This move could influence consumer shopping behavior, especially for purchases where the bank discount hovers just above the Rs 500 threshold. Shoppers might adjust their cart values or reconsider payment methods to optimize their savings.

Who Needs To Pay The Fee?

Any customer using a bank discount of Rs 500 or more. – Prime members are not exempt; the fee applies to all users. – Discounts below Rs 500 are not subject to this charge.

The Rs 49 processing fee is final and cannot be refunded once applied, regardless of any order changes.