Amazon has implemented a Rs 49 processing fee for customers using Instant Bank Discounts (IBD) of Rs 500 or more. Effective from Friday, this fee applies to all users, including Prime members, and remains non-refundable in case of cancellations or returns.
What is the New Processing Fee?
Starting this Friday, Amazon has introduced a Rs 49 processing fee for purchases where customers apply an Instant Bank Discount (IBD) of Rs 500 or more. The fee is applicable to all customers, including Prime members, and remains non-refundable, even if an order is canceled or returned.
For instance, a product costing Rs 2,000 with a Rs 500 bank discount would typically reduce to Rs 1,500. With the new processing fee, the final payable amount will be Rs 1,549.
Who Does This Fee Apply To?
- The fee is applicable to all Amazon customers using an IBD of Rs 500 or more.
- It includes Prime members without exception.
- The Rs 49 fee is non-refundable, even in cases of returns or order cancellations.
- Customers using bank discounts below Rs 500 will not incur this fee.
Why Has Amazon Introduced This Fee?
Amazon states that the processing fee is intended to cover the expenses associated with aggregating, managing, and processing bank discount offers. This service fee allows the platform to continue facilitating seamless discount applications.
How Does This Compare to Other Platforms?
Processing fees for bank discounts are not unique to Amazon. Rival platforms like Flipkart have also implemented similar charges for facilitating bank offers, ensuring the platform’s operational costs are balanced.
Conclusion
While the new Rs 49 processing fee reduces the overall savings from bank discounts, Amazon justifies it as necessary for sustaining discount management operations. Customers are advised to weigh the effective discount against the additional fee when making purchasing decisions. Stay informed and consider the final cost before availing of Instant Bank Discounts.
