News & Updates

India Credit Card Bulletin

Curated devaluations, fee revisions, lounge policy changes, and new card launches — updated as developments happen.

NewFee ChangeHDFC Bank

HDFC Infinia Metal Relaunched With Revised Reward Structure for 2026

HDFC's flagship metal card gets a refresh in early 2026 — updated partner transfer ratios, new hotel program partnerships, and a fee structure change.

10 January 2026 · 5 min read

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Policy Change

RBI Clarifies: Banks Cannot Add Spend Conditions to Existing Lounge Benefits Mid-Cycle

The Reserve Bank of India issued a clarification in June 2025 regarding mid-cycle changes to credit card benefits — specifically targeting the wave of lounge access devaluations.

12 June 2025

4 min

Fee ChangeAmerican Express

American Express Platinum Annual Fee Raised to ₹60,000 — New Benefits Added

Amex India has increased the Platinum charge card's annual fee from ₹50,000 to ₹60,000 starting April 2025, while adding some new lifestyle and dining benefits.

1 April 2025

3 min

Lounge UpdateIDFC FIRST Bank

IDFC FIRST Wealth Card: Unlimited Lounge Access Updated — Spend Condition Added

IDFC FIRST Bank added a ₹5,000/month minimum spend condition to the Wealth card's unlimited domestic lounge access starting March 2025.

1 March 2025

3 min

BreakingDevaluationAxis Bank

Axis Magnus Revamps Reward Structure: EDGE Miles Devalued by 30%

Following the March 2024 devaluation, Axis Bank delivered another blow to Magnus cardholders in February 2025 — partner airline redemption ratios have dropped further.

10 February 2025

4 min

NewNew CardICICI Bank

ICICI Emeralde Private Metal Launches — India's New Super-Premium Contender

ICICI Bank launched the Emeralde Private Metal card in January 2025 with a ₹12,500 annual fee, targeting the HNI segment with unlimited lounge access and golf privileges.

25 January 2025

5 min

HotLounge UpdateHDFC Bank

HDFC Regalia Gold: Lounge Access Now Requires ₹75,000 Quarterly Spend

Effective January 2025, HDFC Bank modified the lounge access policy for the Regalia Gold card — domestic lounge visits are now gated behind a minimum quarterly spend.

15 January 2025

3 min

DevaluationSBI Card

SBI Cashback Card: Online Cashback Rate Cut to 3% From October 2024

SBI Card reduced online cashback on the SimplyCLICK and Cashback cards from 5% to 3% in October 2024. Here's what changed and what cards to consider instead.

15 October 2024

4 min

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