DevchandraSah/indian-credit-card-facts huggingface dataset:
IndusInd Bank Duo Card (IndusInd Bank)
Change effective 2024-05-05 (announced ) — fee, devaluation, magnitude minor
Fuel surcharge waiver narrowed and capped at ₹250 a cycle
After: Waiver on ₹500–₹3,000 transactions, capped ₹250/cycle
Axis Bank Select Credit Card (Axis Bank)
Change effective 2024-05-01 (announced ) — lounge, devaluation, magnitude major
Domestic lounge access now needs ₹50,000 prior-quarter spend
Before: Complimentary, no spend condition
After: ₹50,000 spend in previous 3 months required
Samsung Axis Bank Signature Credit Card (Axis Bank)
Change effective 2024-05-01 (announced ) — lounge, devaluation, magnitude minor
Domestic lounge access made spend-gated
Before: Complimentary domestic lounge visits, no spend condition
After: 4 visits/calendar year unlocked only with ₹50,000 spend in the previous 3 months
IDFC FIRST WOW! Credit Card (IDFC FIRST Bank)
Change effective 2024-05-01 (announced ) — fee, devaluation, magnitude minor
1% + GST surcharge added on large utility-bill spends
IDFC FIRST WOW! Credit Card (IDFC FIRST Bank)
Change effective 2024-05-01 (announced ) — reward, devaluation, magnitude major
Base reward earning cut — points re-pegged from ₹100 to ₹150
Before: 4 pts / ₹100
After: 4 pts / ₹150
IDFC FIRST Power Credit Card (IDFC FIRST Bank)
Change effective 2024-05-01 (announced 2024-04-01) — reward, revaluation, magnitude major
Fuel earning raised from 15X to 21X
Before: 15X, up to 500 RP (₹125) per statement cycle
After: 21X, up to 700 RP (₹175) per statement cycle
IDFC FIRST Power Credit Card (IDFC FIRST Bank)
Change effective 2024-05-01 (announced 2024-04-01) — benefit, devaluation, magnitude major
Fuel-surcharge waiver withdrawn
Before: 1% surcharge waiver on all fuel transactions
After: Not applicable — value folded into the fuel-rewards category
IDFC FIRST Power Credit Card (IDFC FIRST Bank)
Change effective 2024-05-01 (announced 2024-04-01) — fee, devaluation, magnitude minor
Rent surcharge floor and utility commercial-use fee introduced
Before: Rent 1% of transaction value; no utility fee on personal use
After: Rent 1% subject to a ₹249 minimum per transaction; utility 1% above ₹20,000/cycle
IDFC FIRST Power Credit Card (IDFC FIRST Bank)
Change effective 2024-05-01 (announced 2024-04-01) — reward, neutral, magnitude minor
UPI earning flattened to 2X and uncapped
Before: Earned at the underlying category rate (fuel, FASTag, grocery, utility), capped per category
After: Flat 2X across all categories, uncapped — fuel, insurance and EMI excluded
Axis Bank Airtel Credit Card (Axis Bank)
Change effective 2024-05-01 (announced ) — lounge, devaluation, magnitude minor
Lounge access made spend-conditional (₹50,000 in prior 3 months)
Before: 4 complimentary visits/year, unconditional
After: 4 visits/year, gated on ₹50,000 spend in the previous 3 calendar months
IDFC FIRST Wealth Credit Card (IDFC FIRST Bank)
Change effective 2024-05-01 (announced 2024-04-01) — lounge, devaluation, magnitude major
Lounge access spend-gated for the first time
Before: 4 domestic visits, no minimum spend
After: Reduced visits; ₹20,000 prior-month spend required to unlock
IDFC FIRST Wealth Credit Card (IDFC FIRST Bank)
Change effective 2024-05-01 (announced 2024-04-01) — reward, devaluation, magnitude major
System-wide reward devaluation (₹100→₹150 basis)
Before: 1 pt per ₹100; 6X online, 3X offline; 10X above ₹30k
After: 1 pt per ₹150; flat 3X base; 10X above ₹20k
Standard Chartered Super Value Titanium Credit Card (Standard Chartered)
Change effective 2024-05-01 (announced ) — redemption, devaluation, magnitude minor
Cashback redemption threshold doubled to ₹1,000
Before: ₹500, in multiples of ₹50
After: ₹1,000, in multiples of ₹500
IDFC FIRST Select Credit Card (IDFC FIRST Bank)
Change effective 2024-05-01 (announced 2024-04-01) — lounge, devaluation, magnitude major
Domestic lounge halved and spend-gate raised to ₹20,000
Before: 4 visits/quarter, ₹5,000 prior-month spend
After: 2 visits/quarter, ₹20,000 prior-month spend
IDFC FIRST Select Credit Card (IDFC FIRST Bank)
Change effective 2024-05-01 (announced 2024-04-01) — reward, devaluation, magnitude major
System-wide reward devaluation (base moved to ₹150/point)
Before: 6X online / 3X offline; 10X above ₹25,000/month; movie BOGO ₹250
After: Flat 3X, 1 pt per ₹150; 10X above ₹20,000/month; movie BOGO ₹125
YES Bank Ace Credit Card (YES Bank)
Change effective 2024-05-01 (announced ) — benefit, devaluation, magnitude minor
Fuel surcharge waiver cap cut ₹125 to ₹100 a cycle
Before: ₹125 a statement cycle
After: ₹100 a statement cycle
YES Bank Ace Credit Card (YES Bank)
Change effective 2024-05-01 (announced ) — fee, devaluation, magnitude minor
Rent and wallet spends stop counting toward the fee waiver
Before: All spends counted toward the waiver thresholds
After: Rent and wallet-load spends excluded
YES Bank Ace Credit Card (YES Bank)
Change effective 2024-05-01 (announced ) — fee, devaluation, magnitude minor
Utility spends above ₹15,000 a month attract a 1% fee
Before: No fee on utility transactions
After: 1% + GST once monthly utility spends cross ₹15,000
American Express Platinum Reserve Credit Card (American Express)
Change effective 2024-05-01 (announced ) — benefit, revaluation, magnitude major
ALL Accor Plus Explorer membership added
Before: Taj Epicure Plus only
After: Taj Epicure Plus + ALL Accor Plus Explorer
American Express Platinum Reserve Credit Card (American Express)
Change effective 2024-05-01 (announced ) — benefit, devaluation, magnitude minor
Golf made spend-gated
Before: 2 games/month unconditional
After: 2 games/month on ₹50,000 prior-month spend
American Express Platinum Reserve Credit Card (American Express)
Change effective 2024-05-01 (announced ) — milestone, revaluation, magnitude major
Monthly milestone voucher doubled
Before: ₹500 voucher at ₹25,000/month
After: ₹1,000 voucher at ₹50,000/month
American Express Platinum Reserve Credit Card (American Express)
Change effective 2024-05-01 (announced ) — lounge, revaluation, magnitude minor
Two international lounge visits added
Before: Domestic lounge visits only
After: +2 international Priority Pass visits/year
Samsung Axis Bank Infinite Credit Card (Axis Bank)
Change effective 2024-05-01 (announced ) — lounge, devaluation, magnitude minor
Domestic lounge access made spend-gated
Before: Complimentary domestic lounge visits, no spend condition
After: 8 visits/year unlocked only with ₹50,000 spend in the previous 3 months
IDFC FIRST HPCL Power+ Credit Card (IDFC FIRST Bank)
Change effective 2024-05-01 (announced 2024-04-01) — reward, revaluation, magnitude major
Fuel earning raised to 30X and the fuel cap widened
Before: 24X, up to 1,600 RP (₹400) per cycle on ₹10,000 fuel spend
After: 30X, up to 2,400 RP (₹600) per cycle on ₹12,000 fuel spend
IDFC FIRST HPCL Power+ Credit Card (IDFC FIRST Bank)
Change effective 2024-05-01 (announced 2024-04-01) — benefit, devaluation, magnitude major
Fuel-surcharge waiver withdrawn
Before: 1% surcharge waiver on all fuel transactions
After: Not applicable — value folded into the fuel-rewards category
IDFC FIRST HPCL Power+ Credit Card (IDFC FIRST Bank)
Change effective 2024-05-01 (announced 2024-04-01) — lounge, devaluation, magnitude major
Lounge access spend gate quadrupled to ₹20,000
Before: 1 domestic visit/quarter on ₹5,000 monthly spend
After: 1 domestic visit/quarter on ₹20,000 monthly spend
IDFC FIRST HPCL Power+ Credit Card (IDFC FIRST Bank)
Change effective 2024-05-01 (announced 2024-04-01) — fee, devaluation, magnitude minor
Rent surcharge floor and utility commercial-use fee introduced
Before: Rent 1% of transaction value; no utility fee on personal use
After: Rent 1% subject to a ₹249 minimum per transaction; utility 1% above ₹20,000/cycle
IDFC FIRST HPCL Power+ Credit Card (IDFC FIRST Bank)
Change effective 2024-05-01 (announced 2024-04-01) — reward, neutral, magnitude minor
UPI earning flattened to 3X and uncapped
Before: Earned at the underlying category rate (fuel, FASTag, grocery, utility), capped per category
After: Flat 3X across all categories, uncapped — fuel, insurance and EMI excluded
Standard Chartered Smart Credit Card (Standard Chartered)
Change effective 2024-05-01 (announced ) — redemption, devaluation, magnitude minor
Redemption minimum raised to Rs 2,500
Before: Rs 1,000 (then Rs 500 increments)
After: Rs 2,500 (then Rs 1,000 increments)
Axis Bank ACE Credit Card (Axis Bank)
Change effective 2024-05-01 (announced ) — lounge, devaluation, magnitude minor
Lounge access spend-gated
Before: 4 complimentary domestic visits/year
After: Requires ₹50,000 spend in prior 3 months
IDFC FIRST Millennia Credit Card (IDFC FIRST Bank)
Change effective 2024-05-01 (announced 2024-04-01) — reward, devaluation, magnitude major
Online rate halved 6X to 3X; threshold exclusions widened
Before: 6X on online spends up to ₹20,000/month
After: 3X on online spends up to ₹20,000/month
SBI Card MILES (SBI Card)
Change effective 2024-04-23 (announced ) — launch, neutral, magnitude major
SBI Card MILES launched
AU SPONT Credit Card (AU Small Finance Bank)
Change effective 2024-04-23 (announced ) — launch, neutral, magnitude major
AU SPONT launches alongside AU NOMO
AU NOMO Credit Card (AU Small Finance Bank)
Change effective 2024-04-23 (announced ) — launch, neutral, magnitude major
AU NOMO launches as a fixed-deposit-secured credit card
SBI Card Miles Elite (SBI Card)
Change effective 2024-04-23 (announced ) — launch, neutral, magnitude major
SBI Card Miles Elite launched
SBI Card MILES PRIME (SBI Card)
Change effective 2024-04-23 (announced ) — launch, neutral, magnitude major
SBI Card MILES PRIME launched
Axis Bank Burgundy Private Credit Card (Axis Bank)
Change effective 2024-04-20 (announced ) — lounge, neutral, magnitude minor
Burgundy Private spared the new lounge spend-criteria cut
Axis Bank Burgundy Private Credit Card (Axis Bank)
Change effective 2024-04-20 (announced ) — reward, devaluation, magnitude minor
Fuel, gold/jewellery, government and utility spends excluded from EDGE earning
Before: All spend categories earned EDGE Reward Points
After: Fuel, gold/jewellery, government payments and utilities earn nothing
Axis Bank Burgundy Private Credit Card (Axis Bank)
Change effective 2024-04-20 (announced ) — welcome, devaluation, magnitude major
Welcome and annual benefit of 30,000 EDGE Reward Points discontinued
Before: 30,000 EDGE Reward Points on first transaction and on renewal
After: Discontinued — no welcome or annual points benefit
Axis Bank Select Credit Card (Axis Bank)
Change effective 2024-04-20 (announced ) — benefit, devaluation, magnitude minor
Concierge and BookMyShow offer withdrawn
Axis Bank Select Credit Card (Axis Bank)
Change effective 2024-04-20 (announced ) — transfer, devaluation, magnitude major
EDGE Reward Points transfer partners split into capped groups
Axis Bank Select Credit Card (Axis Bank)
Change effective 2024-04-20 (announced ) — fee, devaluation, magnitude major
Fee-waiver spend raised to ₹8 lakh
Before: ₹6,00,000
After: ₹8,00,000
Axis Bank Select Credit Card (Axis Bank)
Change effective 2024-04-20 (announced ) — reward, devaluation, magnitude major
Rent, fuel, utilities and more excluded from rewards
Axis Bank Atlas Credit Card (Axis Bank)
Change effective 2024-04-20 (announced 2024-03-20) — reward, devaluation, magnitude major
Accelerated earn capped and seven categories excluded
Before: 5 EDGE Miles/₹100 on travel, uncapped
After: 5/₹100 only up to ₹2L travel spend per month, then 2/₹100
Axis Bank Atlas Credit Card (Axis Bank)
Change effective 2024-04-20 (announced 2024-03-20) — milestone, devaluation, magnitude major
Milestone miles cut from 17,500 to 10,000/year
Before: 2,500 / 5,000 / 10,000 = 17,500 total
After: 2,500 / 2,500 / 5,000 = 10,000 total
Axis Bank Atlas Credit Card (Axis Bank)
Change effective 2024-04-20 (announced 2024-03-20) — transfer, devaluation, magnitude major
Transfer partners split into Group A/B with annual caps
Before: Effectively uncapped 1:2 transfers
After: ≤30,000 (Group A) + ≤120,000 (Group B), overall ≤150,000 EDGE Miles/year
Axis Bank Atlas Credit Card (Axis Bank)
Change effective 2024-04-20 (announced 2024-03-20) — welcome, devaluation, magnitude minor
Welcome bonus halved to 2,500 EDGE Miles
Before: 5,000 EDGE Miles (3 txns / 60 days)
After: 2,500 EDGE Miles (1 txn / 37 days)
Axis Bank Freecharge Plus Credit Card (Axis Bank)
Change effective 2024-04-20 (announced ) — reward, devaluation, magnitude minor
Cashback on utility payments restricted to the Freecharge app
Before: Utility-service spends earned cashback on any platform
After: Only utility spends made inside the Freecharge app earn cashback
Axis Bank Reserve Credit Card (Axis Bank)
Change effective 2024-04-20 (announced 2024-03-20) — milestone, devaluation, magnitude major
Annual renewal benefit of 50,000 points discontinued
Before: 50,000 EDGE Reward points on renewal
After: None
Axis Bank Reserve Credit Card (Axis Bank)
Change effective 2024-04-20 (announced 2024-03-20) — reward, devaluation, magnitude minor
Insurance, fuel, gold and wallet spends stop earning points
Axis Bank Reserve Credit Card (Axis Bank)
Change effective 2024-04-20 (announced 2024-03-20) — benefit, devaluation, magnitude major
Luxury airport transfers withdrawn
Before: 4 luxury airport transfers/year
After: None
Axis Bank Reserve Credit Card (Axis Bank)
Change effective 2024-04-20 (announced 2024-03-20) — transfer, devaluation, magnitude major
Transfer partners split into Group A/B with 1 lakh / 4 lakh caps
Before: Single 5 lakh points/year pool
After: Group A capped at 1 lakh; Group B capped at 4 lakh
Axis Bank Airtel Credit Card (Axis Bank)
Change effective 2024-04-20 (announced ) — reward, devaluation, magnitude minor
Accelerated cashback caps cut ₹300→₹250; utility earn locked to the Thanks app
Before: ₹300/month per category
After: ₹250/month per category
Axis Bank Privilege Credit Card (Axis Bank)
Change effective 2024-04-20 (announced ) — lounge, devaluation, magnitude minor
Domestic lounge access gated behind ₹50,000 prior-quarter spend
Before: Complimentary domestic lounge visits without a spend condition
After: 2 domestic lounge visits a quarter, only on ₹50,000 of spend in the previous 3 months
Axis Bank Privilege Credit Card (Axis Bank)
Change effective 2024-04-20 (announced ) — reward, devaluation, magnitude minor
Fuel, gold/jewellery, government and utility spends excluded from EDGE earning
Before: Broad spend earned EDGE Reward Points
After: Fuel, gold/jewellery, government payments, utilities, rent, wallet loads, insurance and education earn nothing
IndianOil Axis Bank Credit Card (Axis Bank)
Change effective 2024-04-20 (announced ) — reward, devaluation, magnitude major
Accelerated fuel earn narrowed and capped
Before: Fuel txns ₹100–₹5,000 eligible; no explicit monthly points cap
After: Fuel txns ₹400–₹4,000 eligible; max 1,000 EDGE points/statement month
IndianOil Axis Bank Credit Card (Axis Bank)
Change effective 2024-04-20 (announced ) — fee, devaluation, magnitude major
Annual-fee waiver bar raised 7x
Before: ₹50,000 eligible spend/year
After: ₹3,50,000 eligible spend/year
IndianOil Axis Bank Credit Card (Axis Bank)
Change effective 2024-04-20 (announced ) — reward, devaluation, magnitude minor
Base EDGE points removed on insurance, gold & fuel
Before: Base points earned across spends
After: Insurance, gold/jewellery & fuel earn no base EDGE points
IndianOil Axis Bank Credit Card (Axis Bank)
Change effective 2024-04-20 (announced ) — welcome, neutral, magnitude minor
Welcome benefit switched from cashback to EDGE points
Before: Up to ₹250 cashback on fuel in first 30 days
After: Up to 1,250 EDGE points (~₹250) on first fuel txn in 30 days
Axis Bank ACE Credit Card (Axis Bank)
Change effective 2024-04-20 (announced 2024-03-19) — reward, devaluation, magnitude major
Base cashback cut 2% → 1.5%
Before: 2% unlimited
After: 1.5% unlimited
Axis Bank ACE Credit Card (Axis Bank)
Change effective 2024-04-20 (announced 2024-03-19) — reward, devaluation, magnitude minor
Utility 5% restricted to Google Pay only
Before: Utility spends earned across platforms
After: Cashback only on utilities paid via Google Pay
Axis Bank Shoppers Stop Credit Card (Axis Bank)
Change effective 2024-04-16 (announced ) — launch, neutral, magnitude major
Axis Bank Shoppers Stop card launched as the First Citizen Citibank successor
IRCTC SBI Card Premier (SBI Card)
Change effective 2024-04-15 (announced ) — reward, devaluation, magnitude minor
Rent payments stop earning reward points
Before: Earned
After: Excluded
IRCTC SBI Platinum Card (SBI Card)
Change effective 2024-04-15 (announced 2024-03-01) — reward, devaluation, magnitude minor
Reward points removed on rent payments (MCC 6513)
Before: Base RP earned on rent payments
After: No RP on rent payments (MCC 6513)
BPCL SBI Card Octane (SBI Card)
Change effective 2024-04-15 (announced 2024-03-15) — reward, devaluation, magnitude minor
Reward points on rent payments withdrawn
Before: Reward points earned on rent payments
After: No reward points on rent payments
Doctor's SBI Card (SBI Card)
Change effective 2024-04-01 (announced 2024-03-01) — reward, devaluation, magnitude minor
Reward points removed on rent payments (MCC 6513)
Before: Base RP earned on rent payments
After: No RP on rent payments (MCC 6513)
Shaurya Select SBI Card (SBI Card)
Change effective 2024-04-01 (announced 2024-03-01) — reward, devaluation, magnitude minor
Reward points removed on rent payments (MCC 6513)
Before: Base RP earned on rent payments
After: No RP on rent payments (MCC 6513)
SBI Card PRIME (SBI Card)
Change effective 2024-04-01 (announced 2024-03-01) — reward, devaluation, magnitude major
Reward points removed on rent payments (MCC 6513)
Before: Base RP earned on rent payments
After: No RP on rent payments (MCC 6513)
Doctor's SBI Card (in Association with IMA) (SBI Card)
Change effective 2024-04-01 (announced 2024-03-01) — reward, devaluation, magnitude major
Reward points removed on rent payments (MCC 6513)
Before: Base RP earned on rent payments
After: No RP on rent payments (MCC 6513)
AU Bank Xcite Credit Card (AU Small Finance Bank)
Change effective 2024-04-01 (announced ) — reward, devaluation, magnitude minor
Rent, education and government spends stop earning rewards
AU Bank Vetta Credit Card (AU Small Finance Bank)
Change effective 2024-04-01 (announced ) — fee, devaluation, magnitude minor
APR raised to 3.59%/month
Before: 3.49%/month (41.88% p.a.)
After: 3.59%/month (43.08% p.a.)
AU Bank Vetta Credit Card (AU Small Finance Bank)
Change effective 2024-04-01 (announced ) — reward, devaluation, magnitude minor
Rent, education and government spends stop earning rewards
Before: Rent/education/government spends earned base reward points
After: No reward points on rent/education/government MCCs
AU Xcite Ultra Credit Card (AU Small Finance Bank)
Change effective 2024-04-01 (announced ) — fee, devaluation, magnitude minor
APR named again at 3.59%/mo for Xcite Ultra
Before: APR set at 3.59%/mo since Apr-2023 (subject to any interim change not independently found)
After: APR reconfirmed at 3.59%/mo (43.08% p.a.)
AU Xcite Ultra Credit Card (AU Small Finance Bank)
Change effective 2024-04-01 (announced ) — reward, devaluation, magnitude minor
Rent, education and government spends stop earning rewards
Before: Rent/education/government spends earned reward points
After: No reward points on rent, education, government-category spends
YES Bank Select Credit Card (YES Bank)
Change effective 2024-04-01 (announced ) — lounge, devaluation, magnitude major
Domestic lounge access becomes spend-gated
Before: Unconditional — one visit a quarter for holding the card
After: ₹10,000 of spend in the previous quarter required
SBI Card Unnati (SBI Card)
Change effective 2024-04-01 (announced 2024-03-01) — reward, devaluation, magnitude minor
Reward points removed on rent payments (MCC 6513)
Before: Base RP earned on rent payments
After: No RP on rent payments (MCC 6513)
Shaurya SBI Card (SBI Card)
Change effective 2024-04-01 (announced 2024-03-01) — reward, devaluation, magnitude minor
Reward points removed on rent payments (MCC 6513)
Before: Base RP earned on rent payments
After: No RP on rent payments (MCC 6513)
AU Xcite Ace Credit Card (AU Small Finance Bank)
Change effective 2024-04-01 (announced ) — fee, devaluation, magnitude minor
APR raised to 3.59%/month
Before: Lower finance charge
After: 3.59%/month (43.08% p.a.)
SBI Card AURUM (SBI Card)
Change effective 2024-04-01 (announced ) — reward, devaluation, magnitude major
Reward points removed on rent payments
Before: Reward points earned
After: No reward points
AU Altura Plus Credit Card (AU Small Finance Bank)
Change effective 2024-04-01 (announced ) — reward, devaluation, magnitude minor
Rent, education and government spends stop earning rewards
Before: Rent/education/government spends earned rewards
After: No cashback/points on rent, education, government-category spends
YES Bank Elite+ Credit Card (YES Bank)
Change effective 2024-04-01 (announced 2024-02-05) — lounge, devaluation, magnitude major
Domestic lounge access made spend-linked
Before: Unconditional with the card
After: ₹10,000 spend in the previous quarter
SBI Card ELITE (SBI Card)
Change effective 2024-04-01 (announced 2024-03-01) — reward, devaluation, magnitude major
Reward points removed on rent payments (MCC 6513)
Before: Base RP earned on rent payments
After: No RP on rent payments (MCC 6513)
AU LIT Credit Card (AU Small Finance Bank)
Change effective 2024-04-01 (announced ) — reward, devaluation, magnitude minor
Rent, education and government spends stop earning rewards
Before: Rent/education/government spends earned rewards
After: No reward points on rent, education, government-category spends
Titan SBI Card (SBI Card)
Change effective 2024-03-21 (announced ) — launch, neutral, magnitude major
Titan SBI Card launched
YES First Exclusive Credit Card (now YES Bank RESERV) (YES Bank)
Change effective 2024-03-21 (announced ) — lounge, devaluation, magnitude major
Domestic lounge access made spend-linked
Before: Unlimited / unconditional
After: Prior-quarter spend required (₹10,000, soon ₹35,000)
Standard Chartered Manhattan Platinum Credit Card (Standard Chartered)
Change effective 2024-03-16 (announced ) — redemption, devaluation, magnitude minor
Cashback redemption minimum raised to Rs 1,000
Before: Rs 500, in multiples of Rs 50
After: Rs 1,000, in multiples of Rs 500
Paytm SBI Card SELECT (SBI Card)
Change effective 2024-03-15 (announced ) — fee, devaluation, magnitude minor
Minimum Amount Due calculation revised
Reliance SBI Card PRIME (SBI Card)
Change effective 2024-03-15 (announced ) — fee, devaluation, magnitude minor
Minimum Amount Due (MAD) calculation revised
SBI Card Unnati (SBI Card)
Change effective 2024-03-15 (announced ) — fee, devaluation, magnitude minor
Minimum Amount Due (MAD) calculation revised
Shoppers Stop HDFC Bank Credit Card (HDFC Bank)
Change effective 2024-03-01 (announced ) — reward, neutral, magnitude major
Earning restructured to 3% Shoppers Stop / 1% other Reward Points with monthly caps
Before: Co-brand earning without the ₹500 / ₹1,000 monthly Reward-Point caps
After: 3% on Shoppers Stop (cap 500 RP/month) + 1% elsewhere (cap 1,000 RP/month), min ₹150/txn
Shoppers Stop HDFC Bank Credit Card (HDFC Bank)
Change effective 2024-03-01 (announced ) — fee, devaluation, magnitude major
Lifetime-free tag dropped; ₹299 joining and annual fee introduced
Before: Lifetime free (₹0)
After: ₹299 + GST joining and annual fee
Shoppers Stop HDFC Bank Credit Card (HDFC Bank)
Change effective 2024-03-01 (announced ) — milestone, revaluation, magnitude minor
Weekend milestone added — ₹500 in points on a ₹15,000+ Shoppers Stop bill
Before: No weekend milestone
After: ₹500 in Reward Points for a single ₹15,000+ Shoppers Stop weekend purchase
American Express Membership Rewards Credit Card (American Express)
Change effective 2024-03-01 (announced ) — redemption, devaluation, magnitude major
18K/24K Gold Collection shopping vouchers cut ₹1,000 each
Before: 18K = ₹7,000 · 24K = ₹9,000
After: 18K = ₹6,000 · 24K = ₹8,000
IndusInd Bank Platinum Credit Card (IndusInd Bank)
Change effective 2024-03-01 (announced ) — redemption, neutral, magnitude minor
Point value split into separate cash and non-cash rates
Before: 1 RP = ₹0.50 non-cash (stated from 1 Jan 2024)
After: Non-cash ₹0.60 · cash ₹0.40