Starting April 1, 2025, significant changes are set to take place in India's banking and credit card policies, affecting millions of account holders and card users. Several major banks, including SBI, IDFC First Bank, and Axis Bank, are updating their credit card rules, which will impact fees, reward points, and benefits. Here’s a detailed breakdown of the upcoming modifications.
SimplyCLICK SBI Card:
Swiggy transactions will now earn 5X reward points instead of 10X.
However, purchases on Myntra, BookMyShow, and Apollo 24/7 will continue to earn 10X points.
SBI Air India Credit Cards:
Air India SBI Platinum Card: Reward points reduced from 15 per ₹100 spent to 5 points.
Air India SBI Signature Card: Reward points cut from 30 per ₹100 spent to 10 points.
Due to the merger of Air India and Vistara, Axis Bank is making adjustments to its Vistara credit card benefits.
Starting April 18, 2025:
No annual renewal fee will be charged.
However, free Maharaja Club membership and other premium perks will be discontinued.
March 31, 2025, will be the last day to earn Maharaja Points on the Club Vistara credit card.
After this date:
The Club Vistara Silver membership and perks like free premium economy tickets and class upgrades will be discontinued.
Customers renewing after March 31, 2025, will have their one-year renewal fee waived, but all Vistara travel benefits will be removed.
Reduced reward points on various transactions.
Fewer travel perks due to airline mergers.
Annual fees waived for certain cards but at the cost of losing exclusive benefits.
If you frequently use credit cards for travel, dining, or online shopping, reviewing these updates can help you maximize rewards and avoid unnecessary fees. Would you like assistance in comparing the best alternative credit cards? 😊
