Changes and devaluations

Latest

• 1 Dec 2026 · Improvement · AU Zenith+ Metal Credit Card: Zenith+ forex and currency conversion markup goes from 0.99% to 0% (the KFS and MITC dated 2 Nov 2026).
• 1 Dec 2026 · Devaluation · Kotak Cashback+ Credit Card: Minimum cashback redemption raised from 100 to 500 points.
• 1 Dec 2026 · Fee change · SBI Card: 1% fee on all of a billing cycle's fuel spends once they exceed ₹50,000, and 1% on every transportation transaction (MCCs 4111, 4784, 4131) above ₹30,000.
• 25 Nov 2026 · Fee change · ICICI Bank Business American Express Ascent Credit Card: Dynamic currency conversion fee on business cards raised from 1% to 3.5% (business-card MITC of 2026-10-14).
• 25 Nov 2026 · Fee change · ICICI Bank Business American Express Essential Credit Card: Dynamic currency conversion fee on business cards raised from 1% to 3.5% (business-card MITC of 2026-10-14).
• 25 Nov 2026 · Fee change · ICICI Bank Gold Business Credit Card: Dynamic currency conversion fee on business cards raised from 1% to 3.5% (business-card MITC of 2026-10-14).
• 25 Nov 2026 · Mixed · Tata Neu Infinity HDFC Bank Credit Card: NeuCoins earned on the card stop being credited to the Tata Neu account automatically. From 25 November 2026 the primary cardholder claims them in the Tata Neu app (at most 3 claims a day, at least 100 NeuCoins each) within 12 months of the statement they were earned in, or they lapse; claimed NeuCoins then last 12 months more in the Tata Neu account.
• 25 Nov 2026 · Mixed · Tata Neu Plus HDFC Bank Credit Card: NeuCoins earned on the card stop being credited to the Tata Neu account automatically. From 25 November 2026 the primary cardholder claims them in the Tata Neu app (at most 3 claims a day, at least 100 NeuCoins each) within 12 months of the statement they were earned in, or they lapse; claimed NeuCoins then last 12 months more in the Tata Neu account.
• 21 Nov 2026 · Fee change · Roarbank Credit Card: EMI early-closure fee rises from 2% to 3% of the outstanding principal.
• 15 Nov 2026 · Mixed · American Express Membership Rewards Credit Card: The 50% fee waiver tier (spend of ₹90,000 to ₹1,49,999) is withdrawn. Points are kept per card, with no transfer between cards, monthly bonuses are counted by posting date, and there is no earning or redemption while a payment is overdue past the next statement.
• 15 Nov 2026 · Mixed · American Express Platinum Travel Credit Card: Platform change: Membership Rewards points kept per card, no transfer of points between cards, milestones counted by posting date and credited by month end, no earning or redemption while a payment is overdue past the next statement.
• 15 Nov 2026 · Update · Axis Bank Burgundy Private - The One Card: Complimentary memberships linked to the card renew only with the cardholder's explicit consent.
• 15 Nov 2026 · Update · Axis Bank MAGNUS Credit Card: Complimentary memberships linked to the card renew only with the cardholder's explicit consent.
• 15 Nov 2026 · Update · Axis Bank MAGNUS for Burgundy Credit Card: Complimentary memberships linked to the card renew only with the cardholder's explicit consent.
• 15 Nov 2026 · Update · Axis Bank RESERVE Credit Card: Complimentary memberships linked to the card renew only with the cardholder's explicit consent.
• 15 Nov 2026 · Update · Axis Bank SELECT Credit Card: Complimentary memberships linked to the card renew only with the cardholder's explicit consent.
• 15 Nov 2026 · Update · Samsung Axis Bank Infinite Credit Card: Complimentary memberships on the card (such as EazyDiner Prime) renew only with the cardholder's explicit consent.
• 10 Nov 2026 · Mixed · MakeMyTrip ICICI Bank Credit Card: myCash validity set at 24 months for newly earned myCash, no myCash on international spends outside MakeMyTrip, 1% on other MakeMyTrip spends, and no forex mark-up or DCC fee on this card (the MITC).
• 6 Nov 2026 · Update · Axis Bank PRIVILEGE Credit Card: Axis's listing and product page now show the lifetime-free offer on the Visa network, valid till 2026-12-31 (on 2026-10-20 they showed it on the Amex network with no end date). The KFS and MITC still list ₹1,500. Effective date is the day we first saw it.
• 2 Nov 2026 · Improvement · Google Pay Flex SBI Card: Milestone raised to 1.6% (3.2% for Google One members) on all spend at ₹15,000 a cycle, and the welcome reward raised to 2,000 Stars (Visa) or a ₹250 gift card plus 1,750 Stars (RuPay), as the milestone-benefits and welcome-benefit T&Cs of 2 Nov 2026 and the product page state; Google One bills and food offers added, promotional till 15 Oct 2027.
• 1 Nov 2026 · Devaluation · Axis Bank My Zone Credit Card: The District buy-one-get-one movie offer needs ₹25,000 of spend in the previous 3 calendar months (waived for a new card in the month of issue and the next 3 calendar months).
• 1 Nov 2026 · Devaluation · Axis Bank Neo Credit Card: The BookMyShow 10% discount needs ₹25,000 of spend in the previous 3 calendar months (waived for a new card in the month of issue and the next 3 calendar months).
• 1 Nov 2026 · Update · Axis Bank PRIVILEGE Credit Card: The "buy one get one" District movie offer needs ₹25,000 of spend in the previous 3 calendar months; waived for a new card for the issue month and the next 3 calendar months.
• 1 Nov 2026 · Update · Axis Bank Privilege Easy Credit Card: The District buy-one-get-one movie offer needs ₹25,000 of spend in the previous three calendar months.
• 1 Nov 2026 · Update · Axis Bank SELECT Credit Card: The "buy one get one" District movie offer needs ₹25,000 of spend in the previous 3 months; waived for a new card for the issue month and the next 3 calendar months.
• 1 Nov 2026 · Fee change · IndiGo Axis Bank Credit Card: The lifetime-free promotion closed on 2026-10-31. By 2026-11-06 the product page and listing show the ₹799 joining and annual fee again.
• 1 Nov 2026 · Update · IndiGo Axis Bank Premium Credit Card: The BookMyShow "buy one get one" offer needs ₹25,000 of spend in the previous 3 calendar months; waived for a new card for the month of issue and the next 3 calendar months. An upgrade between variants does not count as a new card.
• 1 Nov 2026 · Update · IndianOil Axis Bank Credit Card: The 10% instant discount up to ₹100 on BookMyShow needs ₹25,000 of spend in the previous 3 calendar months; waived for a new card for the issue month and the next 3 calendar months.
• 1 Nov 2026 · Fee change · Punjab National Bank: Cash advance fee raised to 2.5% (minimum ₹400 at PNB ATMs, ₹500 elsewhere), late fees re-slabbed up to ₹1,200, cheque and auto-debit returns 2% (minimum ₹400), a new ₹99 reward redemption fee and a new 1% fee on utility payments above ₹50,000 a billing cycle (at most ₹2,000 a transaction), on all Visa and RuPay cards.
• 1 Nov 2026 · Improvement · RBL Bank Shoppers Stop Black Credit Card: Utilities and real estate/rental spends no longer excluded from Reward Points and milestone benefits (the FAQ's list of exclusions from 1 Nov 2026 omits them; Bills2Pay is omitted too).
• 1 Nov 2026 · Improvement · RBL Bank Shoppers Stop Gold Credit Card: Utilities and real estate/rental spends no longer excluded from Reward Points and milestone benefits (the FAQ's list of exclusions from 1 Nov 2026 omits them; Bills2Pay is omitted too).
• 1 Nov 2026 · Improvement · RBL Bank Shoppers Stop Platinum Credit Card: Utilities and real estate/rental spends no longer excluded from Reward Points and milestone benefits (the FAQ's list of exclusions from 1 Nov 2026 omits them; Bills2Pay is omitted too).
• 31 Oct 2026 · Closed · Axis Bank Vistara Credit Card: The card is discontinued for spends after 2026-10-31 following the Vistara-Air India merger. Axis tells holders to apply for another Axis card and offered select holders a limited-period route to one in lieu of this card; no replacement card is named.
• 31 Oct 2026 · Closed · Axis Bank Vistara Infinite Credit Card: The card is discontinued for spends after 2026-10-31 following the Vistara-Air India merger. Axis tells holders to apply for another Axis card and offered select holders a limited-period route to one in lieu of this card; no replacement card is named.
• 31 Oct 2026 · Closed · Axis Bank Vistara Signature Credit Card: The card is discontinued for spends after 2026-10-31 following the Vistara-Air India merger. Axis tells holders to apply for another Axis card and offered select holders a limited-period route to one in lieu of this card; no replacement card is named.
• 27 Oct 2026 · Update · American Express Membership Rewards Credit Card: New supplementary card applications paused (applications in progress are processed until 2026-11-03).
• 27 Oct 2026 · Update · American Express Platinum Travel Credit Card: New supplementary card applications paused (applications in progress are processed until 2026-11-03); new Account Cards discontinued.
• 26 Oct 2026 · Devaluation · IDFC FIRST Bank Ashva Credit Card: International spends earn 2 points per ₹150 instead of 5.
• 23 Oct 2026 · Fee change · SBM ZET Credit Card: Late payment fee set at 5% of the outstanding (₹50 to ₹1,000) and a ₹499 fee for cancelling within two years of issuance. The KFS does not give the earlier terms.
• 22 Oct 2026 · Launched · Eternal SBI Card: SBI Card and Eternal launch the Eternal SBI Card; applications open by invitation, in phases, from 22 October 2026.
• 21 Oct 2026 · Improvement · Standard Chartered Beyond Credit Card: Limited-period offer with no forex markup on overseas and non-INR transactions (including INR transactions with merchants registered overseas) until 31 December 2026; the 2% markup then resumes.
• 16 Oct 2026 · Improvement · Google Pay Flex Axis Bank Credit Card: Reward structure upgraded for reward cycles starting 2026-10-16: Google One members get 1.6% (3.2% above ₹15,000 a cycle) and others 0.8% (1.6%), up from 0.4% (0.8%) for everyone; Google One members also get extra savings on bills, OTT and recharges and on food and grocery apps; Google ecosystem benefits added. Cycle cap ₹1,500. Valid until 2027-10-15.
• 13 Oct 2026 · Improvement · Amazon Pay ICICI Bank Credit Card: Flight and hotel bookings made through Amazon Pay on Amazon.in no longer excluded from the 5% (Prime) and 3% rates; only gold coins are. The T&C also states the 1% rate as "all purchases on non-amazon platform". Dated from the revised T&C's PDF of 13 October 2026 (no effective date is given); the Internet Archive copy of 22 September 2026 still had the exclusion.
• 10 Oct 2026 · Improvement · ICICI Bank Emeralde Credit Card: Mastercard holders get a ₹5,000 Postcard Hotels birthday voucher.
• 5 Oct 2026 · Update · Kiwi RuPay Credit Card (YES Bank Klick): Yes Bank MITC version 18 dated; it is the document the Klick charges are read from.
• 5 Oct 2026 · Update · YES Bank MARQUÉE Credit Card: MITC version CMITC_V18_05102026 published; it is the document the charges here are read from.
• 1 Oct 2026 · Devaluation · AU Zenith Credit Card: Forex markup revised from 1.99% to 3.49% (the page's "Lower International Mark-Up Fees" text, which still reads as a notice).
• 1 Oct 2026 · Devaluation · American Express Platinum Travel Credit Card: Domestic lounge access changed from 8 visits a year (at most 2 a quarter, no spend condition) to 2 visits a quarter unlocked by spend in the preceding quarter: ₹70,000 in July to September 2026, then ₹1 lakh a quarter.
• 1 Oct 2026 · Devaluation · Axis Bank SELECT Credit Card: The ₹3 lakh anniversary-year threshold for 6 additional international lounge visits, 6 additional golf rounds and Priority Pass renewal no longer counts spends on insurance, rent, fuel, education, utilities and telecom, wallet, gold and jewellery, government services and gift cards.
• 1 Oct 2026 · Devaluation · BOBCARD Eterna: Unlimited domestic lounge visits now need ₹75,000 spend in the previous calendar quarter. The notice of 12 Jun 2026 gave 15 Jul 2026; BOBCARD's addendum of 16 Jun 2026 moved the date to 1 Oct 2026 (corrected: was 15 Jul 2026).
• 1 Oct 2026 · Devaluation · BOBCARD Tiara: Unlimited domestic lounge visits now need ₹75,000 spend in the previous calendar quarter.
• 1 Oct 2026 · Closed · Club Vistara IDFC FIRST Credit Card: The programme ended on 30 September 2026; the card is no longer available for transactions from 1 October 2026. Existing EMIs and dues continue to be billed; Maharaja Points earned up to 30 September 2026 move to the cardholder's Maharaja Club account. The announcement is dated only "January 2026" in the bank's letter.
• 1 Oct 2026 · Devaluation · Indian Navy VARUNAH Premium BOBCARD: Unlimited domestic lounge visits now need ₹75,000 spend in the previous calendar quarter.
• 1 Oct 2026 · Update · Marriott Bonvoy HDFC Bank Credit Card: For cards onboarded on or after 1 October 2026 the welcome Free Night Award and Elite Night Credits are credited only after the joining fee is levied (day 45); the earlier option of a single ₹500 eligible spend within 90 days was removed. The benefit itself is unchanged.
• 1 Oct 2026 · Improvement · Marriott Bonvoy HDFC Bank Credit Card: Anniversary Special Offer 2026, 1 October to 30 November: 15,000 points on ₹1.5 lakh of spend or 30,000 on ₹2.5 lakh, by enrollment until 10 November.
• 1 Oct 2026 · Fee change · Roarbank Credit Card: Late payment fee made depend on the credit limit - ₹100 flat below ₹5,000, else 2% of the amount due between ₹750 and ₹1,200.
• 1 Oct 2026 · Update · YES Bank ELITE+ Credit Card: The movie ticket offer moves to the District app or website, capped at ₹250 a calendar month.
• 30 Sept 2026 · Update · AU LIT Credit Card: Fee schedule re-issued (KFS V-1.9, MITC 2.22). The specific text changes made on that date were not identified. The LIT feature terms still read "last updated 15 January 2025" and the features page shows no date.
• 30 Sept 2026 · Update · AU Zenith+ Metal Credit Card: Key Fact Statement updated to V-1.9; the Zenith+ rows that changed were not identified.
• 30 Sept 2026 · Migrated · Swiggy BLCK HDFC Bank Credit Card: Existing Swiggy HDFC Bank Credit Card holders are offered a choice of Swiggy Ornge or Swiggy BLCK; holders who do not choose are migrated to Ornge. The older card's benefits end on migration.