What are the costs of using Honest?
A. Product information
Product type
Credit card
Network
Visa
B. Services & annual fees
Annual fee
Free
Card delivery fee
Free
Notifications fee
Free
E-statement fee
Free
Card replacement fee
Free
Admin fee
based on spent
0% - 6.49% of your statement balance (excluding previous fee and interest)
Get a 100% admin fee refund when you pay your statement in full and on time.
Interest charge
1.75% per month of your unpaid balance
Pay 0% interest when you pay your statement in full and on time.
C. Repayment fees
Stamp duty fee
Free
Repayment processing fee via Virtual Account/ KliKIndomaret/ Indomaret
Free
Repayment processing fee via regular bank transfer
Rp5.000-Rp7.500
According to the respective banks/vendors
Late fees
Free
D. Transaction fees
Overlimit fee
Free
Online/offline transaction fee
Free
Foreign transaction fee
Free
QRIS transaction fee
Free
E. Limit
Credit limit
Up to Rp100.000.000
Credit limit increase fee
Free
F. One-time fees
Registration fee
Rp0 - Rp500.000
A one-time registration fee may apply to some new users
Important notes
Admin fees are charged based on your personalized rate on the principal balance. The current Rp150.000 admin fee cap per month will be lifted on 16 August 2024, which may raise the admin fee.
A. Product information
Product type
Digital savings account (with no debit card)
Network / partner
Binadigital by Bank INA
B. Services fees
Monthly fee
Free
Account opening fee
Free
Account closing fee
Free
Passive account fee
with no activity in 6 month (other than taxes or rates)
Free
Below minimum balance fee
Free
C. Transfer fees
Transfer between Honest Savings accounts
Free, unlimited
Transfer to Binadigital accounts
Free, unlimited
Transfer to Bank INA accounts
Free, unlimited
Transfer to other banks (BI-FAST)
Free, unlimited
Transfer to other banks (Online transfer)
Rp6.500
D. Savings interest
Interest rates
4% p.a.
FAQ about fees at Honest
How do I check my interest charge and admin fee?
You can check the interest charge and admin fee on your statement:
- Log in to Honest app.
- Press the “Statements” button.
- Select the statement you wish to review.
- The interest charge and admin fee are shown on your statement
How do I know the estimated interest I might get?
You can check the estimated interest charge for your next statement:
- Log in to Honest app.
- Press the “Pay” button.
- Use the slider to see your estimated interest based on the amount you want to pay.
Note: Interest is only charged if you do not pay your statement balance in full by the due date.