Credit card rules have recently been changed by the country’s big banks like SBI, HDFC Bank, ICICI Bank and Axis Bank. The changes in these rules will have a direct impact on the users of these banks. In such a situation, if you also use the credit cards of these banks, then you should know these rules.
New rules in HDFC Bank Credit Card
HDFC Bank has made some changes in the rules of Regalia and Millennia Credit Cards. Now lounge access facility will be available only after spending at least Rs 1 lakh on HDFC Bank Regalia Credit Card. You will get only 2 lounge access in a quarter.
At the same time, the benefit of credit card facility will be available only after spending Rs 1 lakh quarterly through HDFC Bank Millenia Credit Card. Through this card, you can avail the lounge only once in a quarter.
New rules in SBI credit card
SBI Card has changed the rules of Paytm SBI Credit Card. Cashback will not be available on payment of fare through this credit card from January 1. Earlier on November 1, SBI Card has reduced the reward points on online shopping from EasyDiner from 10X to 5X.
Axis Bank also made changes in credit card rules
Axis Bank has made some important changes for its credit cardholders. The bank has changed the Axis Bank Magnus Credit Card benefits and annual charges and joining fees. The bank has also revised the terms and conditions of the Axis Bank Reserve Credit Card.
ICICI Bank reduces lounge access benefit
ICICI Bank has changed the rules of airport long access and reward points on its 21 major credit cards. Along with this, the rules of reward have also been changed. It has been told by the bank that from April 1, 2024, lounge access facility will be available only after spending Rs 35000 in a calendar quarter.
