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Home Personal Finance Credit Card Rules: Big News! HDFC-SBI-ICICI changed credit card rules, know the...

Credit Card Rules: Big News! HDFC-SBI-ICICI changed credit card rules, know the new rules before swapping.

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HDFC Bank Credit Card Rules: If you also use credit card, then this news is useful for you. Yes, recently many public and private banks have changed the rules related to credit cards. Some of these changes are such that the card holder needs to be aware of them. This change has been made by SBI Card, HDFC Bank, ICICI Bank and Axis Bank. Let us know about the changes in the card-

HDFC Bank has changed the rules of Regalia and Millennia Credit Cards. The rules for lounge access for Regalia cards have been changed from December 1, 2023. According to the new rules, the lounge access program will be based on credit card spending. You will get two lounge access vouchers if you spend more than Rs 1 lakh in a calendar quarter. Similarly, on spending Rs 1 lakh every quarter with HDFC Millennia Card, you will get a lounge access.

As per SBI Card, cashback for fare payment transactions on your Paytm SBI Credit Card has been discontinued from January 1, 2024. From November 1, 2023, the 10X reward points for EasyDiner online purchases on SimplyClick/SimplyClick Advantage SBI Card will now be 5X reward points. 10X reward points will be added to your card for online purchases made on Apollo 24×7, Bookmyshow, Cleartrip, Dominos, Myntra, Netmades and Yatra.

Axis Bank has also made some important changes for credit card holders. Axis Bank has made changes in the annual fee and joining gift of Magnus Credit Card. The bank has also made changes in the terms and conditions of Axis Bank Reserve Credit Card.

ICICI Bank is soon going to implement changes in the rules related to airport lounge access and reward points of cards for credit card holders. According to the ICICI Bank website, from April 1, 2024, you can avail airport lounge access by spending Rs 35,000 in the previous calendar quarter. Spending in the previous calendar quarter will unlock access for the next calendar quarter.

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