There is something inexplicably beautiful about credit card fines. At least, this is how it is in India with my SBI credit card.
Last month, I could not pay by the due date since I was in Calcutta and without internet access. So, I get a statement which gives me a double whammy:
Interest on credit: INR x (Fair enough)
Late Payment: INR 700 (!!!!)
The bank is charging me money to pay my own interest ! No wonder, most salaried Indians pay up their credit card bills in one go before the due date.