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A Demand Draft (DD) is a secure prepaid banking instrument used to transfer money to a person, business, institution or government body. It is commonly used for college fees, exam fees, application payments, property transactions, tender deposits and business payments where the receiver wants assured funds. Since the amount is paid to the bank before the DD is issued, there is almost no risk of the payment bouncing like a cheque. 

This guide explains the DD full form, demand draft meaning, required details, charges, validity, types, process, cancellation, RBI-related rules and key differences between DD and cheque. 

What is a Demand Draft (DD)? 

The full form of DD is Demand Draft. It is a payment instrument issued by a bank after the payer deposits the amount in advance through cash, cheque or account debit. The bank then issues the DD in the name of the payee. 

For example, if a student has to pay ₹75,000 as college admission fees, the college may ask for a DD instead of a cheque. This gives the college assurance that the payment is backed by the bank and will not bounce. 

A DD is usually deposited by the payee into their bank account. Once processed, the amount is credited to the payee. 

What Details Are Required for a Demand Draft? 

To make a demand draft, you generally need the following details: 

Detail Required	Meaning
Payee name	Name of the person, company, college or authority receiving the payment
Amount	DD amount in figures and words
Payable location	City or branch where the DD is payable
Drawer details	Name and address of the person making the DD
Purpose of payment	Reason such as fees, deposit, tender or application payment
Payment mode	Cash, cheque or account debit
PAN details	Required for transactions of ₹50,000 or more
Signature	Signature of the person requesting the DD

 
Always check the spelling of the payee name and amount before submitting the request. 
 

Demand Draft Charges 

Banks charge a small fee for issuing, cancelling or revalidating a demand draft. The fee depends on the bank, DD amount and mode of request. 

Bank	Indicative Demand Draft Charges
HDFC Bank	May start from around ₹75 per draft; higher amounts may be charged per ₹1,000
ICICI Bank	May be free for small drafts; higher values may be charged per ₹1,000, subject to limits
SBI	Charges may start from ₹25 for small DDs and increase with the amount
PNB	Charges may vary for rural and urban branches; usually charged slab-wise
Axis Bank	May offer limited free DDs for select accounts; higher amounts may attract charges
HSBC	Charges may start from around ₹100 and vary by amount
Bank of Baroda	Charges may start from around ₹50 and increase based on value

 
Note: These charges are indicative. Banks revise fees from time to time, so always check the latest schedule of charges on your bank’s official website or at the branch. 

Demand Draft Validity 

A demand draft is generally valid for 3 months from the date of issue. If it is not presented within this period, it becomes invalid for payment. 

However, the money does not disappear. The person who made the DD can request the issuing bank to revalidate it. Once approved, the DD may be valid for another 3 months. A revalidated DD usually cannot be renewed again after the extended period. Some banks may charge a small revalidation fee. 

Types of Demand Draft 

There are two main types of demand drafts: 

1. Sight Demand Draft 

A sight demand draft is payable when it is presented to the bank with the required documents. After verification, the bank processes the payment. It is useful when payment needs to be made quickly after document checks. 

2. Time Demand Draft 

A time demand draft is payable only after a specific date or period mentioned on it. It is commonly used in business transactions where the payment is scheduled for a future date. 

Features of a Demand Draft 

Key features of a DD include: 

• Prepaid instrument: The amount is paid to the bank before issue. 

• Low bounce risk: Since the bank already has the funds, it does not bounce like a cheque. 

• Payee-specific: It is issued in the name of a specific person or organisation. 

• Fixed amount: The amount cannot be changed after issue. 

• Widely accepted: Used by colleges, businesses, government bodies and institutions. 

• Useful for large payments: Suitable for formal and high-value transactions. 

• Can be cancelled if unused: Cancellation is possible if the DD is not deposited or cleared. 

How to Make Demand Draft Offline? 

You can make a demand draft by visiting a bank branch. 

Step 1: Visit your bank branch. 

Step 2: Ask for a demand draft application form. 

Step 3: Fill in details such as payee name, amount, payable city and purpose. 

Step 4: Submit the form with valid ID proof if required. 

Step 5: Pay the DD amount and bank charges through cash, cheque or account debit. 

Step 6: Provide PAN if the amount is ₹50,000 or more. 

Step 7: Collect the DD and verify the payee name, amount and date. 

Keep the receipt safely for tracking, cancellation or revalidation. 

How to Fill Demand Draft Form Online? 

Many banks allow DD requests through internet banking or mobile banking. 

Step 1: Log in to your bank’s net banking or mobile banking account. 

Step 2: Go to Requests, Service Requests or Issue Demand Draft. 

Step 3: Select the account from which the amount will be debited. 

Step 4: Enter payee name, amount, payable location and purpose. 

Step 5: Choose delivery mode, such as courier or branch pickup. 

Step 6: Review all details carefully. 

Step 7: Submit the request and note the reference number. 

Online DD requests are convenient, but delivery or pickup timelines may vary by bank. 

How to Use a Demand Draft 

• Submit it to a college or university for education fees. 

• Attach it with government forms or applications. 

• Use it for property-related payments or deposits. 

• Submit it for tenders, security deposits or business payments. 

• Deposit a received DD into your bank account for credit. 

• Keep an acknowledgement or receipt after handing over the DD. 

How to Cancel a Demand Draft? 

A DD can usually be cancelled only if it has not been deposited or cleared by the payee. 

Step 1: Visit the issuing bank branch. 

Step 2: Carry valid ID proof and the original DD. 

Step 3: Fill out the DD cancellation form. 

Step 4: Mention DD number, amount, issue date, payee name and reason. 

Step 5: Pay applicable cancellation charges. 

Step 6: The bank verifies the DD status and refunds the amount after deductions. 

Sample Demand Draft Cancellation Letter 

To 

The Branch Manager 

[Bank Name] 

[Branch Address] 

Subject: Request for Cancellation of Demand Draft 

Dear Sir/Madam, 

I request you to cancel the demand draft issued from my account. The details are given below: 

Particular	Details
DD Number	[Enter DD number]
Amount	[Enter amount]
Issue Date	[Enter date]
Payee Name	[Enter payee name]
Account Number	[Enter account number]

 
The demand draft has not been delivered to or deposited by the payee. Kindly cancel the same and refund the amount to my account after deducting applicable charges. 

Yours faithfully, 
[Your Name] 

[Contact Number] 

[Signature] 

RBI Guidelines for DD in Cash 

Important banking rules related to DDs include: 

• Demand drafts of ₹50,000 or more are generally not issued against cash. 

• High-value DDs are usually issued through account debit, cheque or other traceable banking modes. 

• PAN details are required for DDs of ₹50,000 or above. 

• A DD is generally valid for 3 months from the issue date. 

• Expired DDs can be revalidated by the issuing bank on request. 

• A DD is usually credited to the payee’s bank account and not treated like direct cash withdrawal. 

These rules help make high-value transactions safer and more traceable. 

Demand Draft vs Cheque: Key Differences 

A demand draft and cheque are both used for payments, but they are not the same. A cheque is issued by an account holder and may bounce if there is insufficient balance. A demand draft is issued by the bank after collecting the money in advance, making it more secure for the receiver. 

Difference	Demand Draft	Cheque
Issued by	Bank	Account holder
Payment assurance	High	Depends on account balance
Bounce risk	Very low	Possible
Best for	Fees, deposits, official payments	Regular payments
Security	More secure	Comparatively less secure
Payment basis	Prepaid	Paid when presented

Advantages of Demand Draft 

• Offers assured payment to the payee. 

• Does not bounce due to insufficient funds. 

• Useful for official and high-value payments. 

• Accepted by colleges, government bodies and businesses. 

• Does not always require the receiver’s account number. 

• Provides proof of payment through DD receipt. 

• Can be cancelled or revalidated if not used within the allowed period. 

Conclusion 

A demand draft is a safe and reliable payment option for formal transactions. It is especially useful when the receiver wants guaranteed funds, such as for college fees, government applications, property payments, tender deposits and business transactions. Since the amount is paid in advance to the bank, a DD offers better payment assurance than a cheque. 

Before making a DD, always verify the payee name, amount, payable location, validity and bank charges. This helps avoid rejection, cancellation or delays. 

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FAQs on Demand Draft 

1. What is DD in bank? 

DD means Demand Draft. It is a prepaid banking instrument issued by a bank to make secure payments. 

2. How do you make a demand draft? 

You can make a DD by visiting a bank branch or using internet banking. Fill in the payee name, amount, payable city and purpose, then pay the amount and charges. 

3. Can a demand draft be made online? 

Yes, many banks allow DD requests through net banking or mobile banking. You can choose branch pickup or courier delivery depending on the bank. 

4. How do you make a DD with cash? 

You can visit a branch, fill the DD form and submit cash. For DDs of ₹50,000 or more, banks usually require account debit, cheque or another traceable payment mode. 

5. What happens if a demand draft expires? 

If a DD expires, it cannot be used for payment. The drawer can request the issuing bank to revalidate it, usually for another 3 months. 

6. What is the difference between a demand draft and a cheque? 

A DD is issued by a bank after receiving the amount in advance, while a cheque is issued by an account holder and can bounce if there is not enough balance. 

7. What is the maximum limit of DD? 

There is generally no fixed upper limit, but banks may set internal limits. PAN is usually required for DDs of ₹50,000 or more. 

An account payee cheque is also known as a crossed check, which has two parallel lines mentioned on the top left. Between the two lines, you need to write ‘A/C payee’. Irrespective of many digital options, cheques are one of the popular ways of making financial transactions.

One of the main reasons for choosing cheques as a payment option is because of the security and the simplicity. If you are not aware of what is a payee cheque, read on to know all its key features and benefits.

What is an Account Payee Cheque?

An account payee cheque is different from a regular one due to the reason that you cannot withdraw cash through it. Also, nobody else can deposit it other than the recipient of the funds. 

The following includes the 3 main elements of payee cheque:

• Drawer: The account holder who writes the cheque or the debtor 
• Drawee: The bank to which you write the cheque with the instruction from the drawer to debit the account
• Payee: The recipient to whom the drawer transfers money and the person the cheque is addressed 

Account Payee Cheque Key Features

Below listed are some of the key features of AC payee cheques.

• One of the most essential features is the two parallel lines drawn on the left corner of the cheque. These lines provide a clear indication that you cannot cash it, and the amount is added to your account. It is one of the added security measures that help prevent fraud or misuse of the cheque. 
• It is specified in the name of a particular payee so only the receiver can get funds
• Someone else cannot transfer the amount other than the receiver 
• The amount mentioned in the cheque is debited from the former’s account into the receiver’s account after releasing
• Until the cheque successfully reaches the payee, the drawer has total control of it 
• The encashment can only be received in the payee’s bank account through the banking system

How to Write an Account Payee Cheque?

Creating an account payee cheque is simple. Just follow the steps mentioned below.

1. Write the date correctly on the cheque
2. Mention the name of the payee in the ‘Pay’ section
3. Provide the cheque amount in the numeral form and words
4. Draw two parallel lines on the top left corner of your cheque
5. Sign the cheque on the bottom in the required area
6. Make sure to enter the details accurately, as any mistake can delay the process. 

How to Deposit an Account Payee Cheque?

You can deposit the cheque by following this process:

1. Sign on the back of the cheque  
2. Visit the bank with your ID, cheque and account number
3. Fill in the details on a deposit slip mentioning your account number and cheque amount
4. Submit the cheque with the deposit slip to the bank representative
5. After the clearance of the cheque, the amount is credited to the account

If the drawer has funds available in the account, it may not take up to 4 days for the cheque to get cleared with accurate details.

What is the Significance of a Payee Cheque?

This type of cheque is secured as the bank initiates payment only in the account of the payee. As a payee, you cannot entrust anyone else to receive funds, and this feature works to boost safety. It is important to note that the check is only valid for a total of 90 days.

This type of cheque can be used easily to ensure hassle-free transactions. It helps easily clear your credit card bills or pay loan EMIs. Moreover, you can use it to send and receive funds from anyone. 

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FAQs on Account Payee Cheques

How to make a cheque as an account payee?

You can make a cheque as an account payee by drawing two parallel lines on the left top of a cheque.

How do I encash an account payee cheque?

You can encash the cheque by following the process mentioned below:

• Fill in the encashment form by providing the required details
• Attach this form along with the cheque and your ID proof
• Receive the amount in your bank account after clearance

Wherever the cheque has been issued, and the drawer holds an account, it is necessary to visit that bank branch.

Can you cash a cheque that says account payee only?

No. A crossed cheque does not allow you to cash it. The meaning of a crossed check means that it can only be deposited within a bank account.

Can an account payee cheque be encashed by any person?

No, these cheques are highly secure and cannot be encashed by anyone. The amount will be deposited in the recipient’s bank account only.

Who is a payee in a cheque?

A payee is the recipient who receives the amount for a particular transaction.

What is the validity of an account payee cheque?

The validity of the cheque is 3 months or 90 days.

How long does it take for an account payee cheque to clear?

If it belongs to the same bank as yours, account payee cheque clearance time can be within the same day. If the cheque is from a different bank, it takes up to 3 working days for clearance.

What is a Cross Cheque?

It means that the following cheque can only be deposited into a bank account where the bank cannot instantly cash the cheque amount.

What is the limit of the account payee cheque?

There is no such limit for the account payee cheque. Meanwhile, the account payee cheques are drawn by banks for credit solutions customers. 

Can I deposit an account payee cheque in any branch?

Yes. In most of the cases, you can deposit a payee cheque in any bank branch. However, you need to write the words ‘Payable at Par’ on the cheque.

The RTGS full form in banking is Real-Time Gross Settlement. RTGS is a way to transfer money from one bank account to another instantly, without waiting. If you have ever wondered what is RTGS and when you should use it, think of situations where speed really matters. Maybe a property payment. Maybe a business transfer. RTGS is designed exactly for such high-value, urgent transactions.

Keep reading to learn more on RTGS full form, RTGS limit and how to fill RTGS form.

What is RTGS?

The RTGS full form is Real-Time Gross Settlement. RTGS is a payment system introduced by the Reserve Bank of India in 2004 to make large fund transfers faster and safer. The RTGS meaning is quite simple. ‘Real time’ means the money moves as soon as you place the request. ‘Gross settlement’ means each transfer is processed on its own, not grouped with other transactions. 

As per RBI rules, banks are required to process RTGS transfers within 30 minutes. And since December 2020, you can use RTGS whenever you need to. It works 24×7, even on weekends and bank holidays. So you are no longer restricted by banking hours.

RTGS Features 

These RTGS features explain why people use it for large transfers:

• Money moves almost immediately
• Each transaction is handled one by one
• Best suited for high-value payments
• Regulated by the RBI, so it is secure
• No maximum limit set by the RBI

How Real-Time Gross Settlement (RTGS) Works?

Here is how an RTGS transfer works:

Step 1: Start the transfer

You begin the process through net banking, mobile banking or by visiting your bank branch

Step 2: Details get checked

Your bank quickly checks your account balance and verifies the beneficiary details

Step 3: Request moves to RBI

The transfer request is sent to the Reserve Bank of India RTGS system for processing

Step 4: Money gets credited

The amount is directly transferred to the beneficiary’s bank account

Step 5: Settled instantly

The transaction is completed in real time, so the money reaches without any delay

[Source: RTGS system – RBI]

RTGS Example

Let’s say you need to send ₹8 lakhs for a property payment. With RTGS, the entire amount reaches the seller quickly, without worrying about any RTGS limit or long waiting times. This is why RTGS is commonly used for property and business payments. For certain high-value business transactions, banks may also ask for a Legal Entity Identifier (LEI) to verify the companies involved.

How to Do RTGS Online?

Just follow these steps to make online RTGS transfers:

Step 1: Just log in to your bank’s net banking or mobile app using your usual credentials

Step 2: Then, add the beneficiary by entering the correct account number and IFSC code

Step 3: Choose RTGS as the transfer option

Step 4: Finally, enter the amount you want to send and confirm the transfer

How to Do RTGS Offline?

You can follow these simple steps to make RTGS transactions offline: 

Step 1: Visit your bank branch

Step 2: Fill out the RTGS form

Step 3: Submit the form along with cash or RTGS cheque

Step 4: The bank processes the transfer for you

The RTGS form asks for basic details like your account number, the beneficiary’s name, IFSC code and the amount. It’s always a good idea to take a moment to double-check everything before you submit it.

How to Fill a Cheque for RTGS Transactions?

Here’s how you can fill an RTGS cheque:

Step 1: Fill in the RTGS form

Step 2: Write the date clearly on the cheque

Step 3: Mention the beneficiary’s name

Step 4: Write the amount in numbers and words

Step 5: Sign the RTGS cheque

Step 6: Submit it at the bank counter

RTGS Transaction Fees in Banking in India

Receiving money through RTGS is free. Charges apply only when you are sending money. The RBI has even capped these charges, but the exact amount may vary slightly from bank to bank. 

Transfer amount	Maximum charges
₹2 lakhs to ₹5 lakhs	₹25 plus GST
Above ₹5 lakhs	₹50 plus GST

RTGS Transaction Timings

Here is a quick look at RTGS timings in India:

Transaction Type	Timings
Online RTGS (Net banking and mobile banking)	Available 24×7, including weekends and bank holidays
Branch RTGS (Bank counter)	Usually during bank working hours, typically 9:00 AM to 4:30 PM on working days
Interbank settlement	Continuous, real-time processing throughout the day

[Source: RTGS system – RBI]

Limitations of RTGS

RTGS is fast and reliable, but here are a few things to keep in mind:

• You cannot transfer less than ₹2 lakhs, as this is the minimum RTGS limit
• Banks may set their own maximum RTGS limits for online transfers
• Once processed, the transaction cannot be reversed
• Charges may apply for outward transfers

Important Considerations for Initiating an RTGS Transaction

Before you go ahead with an RTGS transfer, always take a moment to check a few details. Since the transaction happens instantly, fixing errors later can be difficult.

• Verify beneficiary details: Carefully review the account number and IFSC code to avoid sending money to the wrong account
• Ensure sufficient balance: Make sure your account has enough funds, including any applicable charges, before you initiate the transfer
• Check network availability: Ensure both your bank and the beneficiary’s bank are part of the RTGS network so the transfer can be processed without issues
• Understand bank limits: Different banks may have their own minimum and maximum limits for RTGS, especially on online channels
• Save transaction proof: Keep the confirmation receipt or reference number handy in case you need to track or raise a query

RTGS works well when you are transferring money that is already in your account. But what if you need funds before that? In such moments, short-term lending options can help. With Fibe, you can apply online for an Instant Cash Loan through the app or website. Get easy access to funds up to ₹10 lakhs through a simple, quick application process!

FAQs on RTGS

Can RTGS be cancelled?

No. Once an RTGS transfer is processed, it cannot be cancelled or reversed.

What types of transactions are typically done using RTGS?

RTGS is commonly used for property purchases, business payments, vendor settlements and other high-value transfers.

Can RTGS be done without an RTGS cheque?

Yes. You can use net banking or mobile banking to do RTGS without submitting a cheque.

What should I do if I accidentally enter incorrect beneficiary details for an RTGS transfer?

If you notice the mistake immediately, contact your bank right away and share the transaction details. Since RTGS transfers are processed instantly, reversal is not guaranteed, but your bank can help initiate a request with the receiving bank.

Can I send money via RTGS at any time, even on weekends and holidays in 2026?

Yes, RTGS is available 24×7 for online transactions, including weekends and bank holidays. However, if you are using the branch route, the timings will depend on your bank’s working hours.

AMC or Annual Maintenance Charges are fees banks levy to cover the costs of managing your debit card, including customer support, fraud protection, and infrastructure maintenance. Some banks offer free debit cards with no AMC, but many others charge annually, depending on the card’s features and privileges.   
 
This space explains AMC charges meaning, how these charges work, which cards usually have AMC and share tips and tricks to avoid paying unnecessary fees.   

What are ATM ACM Charges?   

As mentioned, it means the annual charges levied by the bank to maintain your debit card as well as other related services. These charges are not fixed and vary across all banks. Whether you have to pay high charges or not also depends on the type of debit card you have.   

For example, one bank may charge ₹100 for a standard debit card but ₹150 for upgraded cards. Generally, these charges are mentioned on the bank’s website for you to review before opening the bank account. However, you can also confirm the cost at the bank with a representative while choosing your card. There are some banks that waive their ATM card AMC charges for the first year or even for a lifetime.   

How is Debit Card or ATM Card AMC Calculated? 

The Annual Maintenance Charge (AMC) for a debit card or ATM card is determined by the bank based on the type of card and the range of services and benefits associated with it. Banks decide these charges at their discretion according to the facilities they provide to customers. 

Generally, the AMC depends on whether you have: 

• A standard debit card – These cards provide basic banking services such as ATM cash withdrawals, balance checks, online transactions, and fund transfers. Since the features are limited, the AMC is usually lower. 

• A value-added or premium debit card – These cards come with additional benefits such as higher withdrawal limits, cashback offers, reward points, airport lounge access, insurance coverage, and exclusive lifestyle privileges. Because of these extra features, the AMC for premium cards is generally higher. 

Banks may calculate the AMC based on several factors, including: 

• The type of debit card (Classic, Platinum, Signature, etc.) 

• The card network (Visa, Mastercard, RuPay, etc.) 

• Benefits and offers linked to the card 

• Security and technology features 

• Account type and banking relationship 

The AMC is usually deducted automatically from the customer’s bank account once every year. The charges vary from bank to bank and are mentioned in the bank’s schedule of fees and charges. 

A Real-Life Example 

Suppose Rahul has a basic RuPay debit card linked to his savings account. His bank charges an AMC of ₹150 per year for maintaining the card and providing regular ATM and online transaction services. 

On the other hand, Priya uses a premium Visa Platinum debit card that offers airport lounge access, cashback on shopping, and complimentary insurance coverage. Since this card provides additional benefits, her bank charges a higher AMC of ₹599 per year. 

This shows that the more features and privileges a debit card offers, the higher the annual maintenance charge is likely to be. 

Also Read: Auto Debit Facility  

Different AMC Charges in Bank 

Here’s an overview of Different cards AMC charges levied on ATM cards:  

Bank	ATM card AMC
State Bank of India	From ₹200 up to ₹425 + GST applicable from second year
Axis Bank	From ₹150 up to ₹1,500 + GST
HDFC Bank	From ₹150 up to ₹850 + GST
ICICI Bank	From ₹599 up to ₹4,999 + GST
Union Bank of India	From ₹200 up to ₹400 + GST
IndusInd Bank	From ₹499 up to ₹10,000 + GST
Punjab National Bank	From ₹150 up to ₹750 + GST

Disclaimer: The above ATM AMC charges are subject to change at the bank’s discretion.   

Apply For Fibe Axis Bank Credit Card Online  

How to Pay ATM Card AMC?   

Most banks auto-debit this fee along with other annual charges from your bank account. This is a convenient way to ensure your card stays active for your usage. If your bank does not auto-debit this, you can pay ATM pending AMC using UPI through the mobile or net banking option.   

Also Read: Credit Card Vs Debit Card   

How to Avoid AMC Charges on ATM Cards?   

Below listed are a few key tips to avoid AMC charges on an ATM card:  

• Choose banks that offer debit cards with no Annual Maintenance Charges (AMC), especially digital or basic savings accounts.  

• Grab zero-AMC cards during bank promos—often around festivals or new customer drives.  

• Many salary or premium accounts come with free debit cards and waived AMCs.  

• Banks may still charge for:  

• Exceeding free ATM transactions  

• Card replacement  

• Issuance fees (in some cases)  

• Review your bank’s schedule of charges regularly to avoid hidden fees.  

Your debit card is a financial instrument that you can rely on to access funds, and you should know the charges applicable to it. Another instrument that offers access to funds is a personal loan. With the Fibe Instant Personal Loan, you can get up to ₹10 lakhs at competitive rates and flexible repayment plans.   

Moreover, you need to upload only a few basic documents to complete your application. Download our Instant Loan App or visit the website for an entirely digital process and hassle-free and immediate access to funds.   

FAQs on ATM Card AMC  

What are the charges for AMC?   

AMC stands for annual maintenance charges and financial institutions levy this for various purposes. For instance, AMC is applicable on a debit card as well as on a demat account. These charges vary depending on the financial institution and are levied annually.   

How do I check ATM card AMC for various banks?  

You can check the AMC on your bank’s website, look at their charges list or just call customer care to know the exact fee.  

Is the AMC directly deducted from the bank account?  

Yes, the bank usually deducts the AMC straight from your account once a year. There is no need to make a separate payment. 

Will I be notified before AMC is deducted from my debit card? 

Yes, you may receive a notification or alert from the bank before the Annual Maintenance Charges (AMC) are deducted from your debit card account. The timing and mode of communication may vary depending on your bank’s policies and registered contact details. 

Will I be charged with AMC if I don’t use my debit card? 

Yes, AMC is generally charged for maintaining the debit card service, regardless of whether the card is actively used or not. The charges depend on your card type and the bank’s applicable fee structure.