i c i c i bank will charge a 1% fee on rent payments using credit cards. But why is this happening? They already make money when you pay rent, but there are some caviats involved. It's as good as using your credit card to avail a cash advance. Banks add restrictions because they think you're desperate. And theyr worry of letting you se your credit card this way. So it's really easy to get away with this - just pretend that you have a landlord.
In today's episode for 23rd September 2022, we see why ICICI Bank's decision to impose an extra charge on "rent payments using credit cards" could be a sign of things to come.