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New credit card rules in April 2024 for major banks

by Blitz India Media
March 30, 2024
in News
0
credit card
Team Blitz India

NEW DELHI: Major credit card issuers announced changes in their credit card rules which could impact customers. Credit card holders of SBI Card, ICICI Bank, Axis Bank, Yes bank will see the following changes which will come into effect in April 2024:

SBI Card announced that accrual of reward points on rent payment transactions will be discontinued for certain credit cards from April 1, 2024. These will include: AURUM, SBI Card Elite, SBI Card Elite Advantage, SBI Card Pulse and SimplyCLICK SBI Card. Additionally, accumulation of reward points on rent payment transactions for certain credit cards will on April 15.

YES Bank credit cards that spend Rs10,000 or more in a calendar quarter will be eligible for complimentary domestic lounge access.

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