# AQB and AMB Charges
Average Quarterly Balance (AQB) is the minimum amount of balance that an account holder needs to maintain, if AQB is not maintained, the account holder is charged with a quarterly charge of around Rs.250-Rs.750 per quarter. 
Now the trend is shifted to AMB-Average Monthly Balance, which allows the bank to cut a monthly charge of around Rs.250 per month, if AMB is not maintained.
But the truth is, the banks are charging five percent of your AQB, owing to estimated interest loss, for example if you have a AQB of Rs.10, 000, then you would be paying Rs. 500 per year. Quiet sharp moves by Banks aren’t it? Take a tip, shift in a bank with minimal AQB/AMB!
# Credit Card Companies Hide, and Charge Heavily
They catch the attention of customers with exciting offers such as low interest rate, increased credit for higher amount purchasing but to the surprise, these offers are valid for a limited period and they will not reveal how these offers change with time.
Often many credit card companies charge you on yearly renewal basis, transaction charges and processing fees at petrol pumps. Thus it’s always advisable to put a minute attention on the details given while applying for a credit card.
Read More: India's Finance Bill Passed By Lok Sabha
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