Skip to content
JPVFinFinance & AI

Credit card devaluation log

Every change to rewards, caps, fees or exclusions we have recorded while maintaining the reward calculator, newest first, each tied to the issuer's own document. Terms last verified 2026-09-04. Cuts far outnumber improvements, which is the point of keeping the list.

EffectiveCardChangeSource
28 Aug 2026Flipkart Axis BankComplimentary domestic lounge access discontinued; gift cards, bridge fees and tolls added to excluded spendsKey Fact Sheet
1 Jul 2026HDFC Regalia GoldDomestic lounge access now needs Rs 60,000 spend in the preceding calendar quarterProduct feature change
15 May 2026HDFC Regalia GoldBase earn revised from 4 RP per Rs 150 to 5 RP per Rs 200; Boarding Edge programme introduced; DCC markup 1.75%Product feature change
1 Apr 2026Cashback SBI CardDigital gaming, tolls and government transactions stop earning cashback; per-cycle cap restated as Rs 2,000 online + Rs 2,000 offlinecashback-revised.pdf
15 Jan 2026Amazon Pay ICICI (Prime member)Foreign currency markup cut from 3.5% to 1.99%; 1% fee on wallet loads of Rs 5,000 or moreMITC
1 Aug 2025Tata Neu Infinity HDFC BankNeuCoins now expire 12 months after the month they are creditedFAQ
1 Jul 2025Tata Neu Infinity HDFC BankOnline skill-based gaming (MCC 5816) stops earning NeuCoinsFAQ
20 Jun 2025Flipkart Axis BankMyntra raised from 1% to 7.5%; Flipkart, Cleartrip and Myntra each capped at Rs 4,000 per statement quarter; welcome voucher cut from Rs 500 to Rs 250T&C revision
15 Nov 2024Amazon Pay ICICI (Prime member)1% fee on utility payments above Rs 50,000 and fuel above Rs 10,000MITC
1 Sept 2024HDFC MillenniaWallet loads, EMI transactions and education paid via third-party apps stop earning CashPointsT&C
1 Aug 2024Tata Neu Infinity HDFC BankUPI earn split into 0.5% on any UPI ID plus 1% only via the Tata Neu UPI IDFAQ
1 Aug 2024HDFC MillenniaRs 50 fee on each statement-credit redemption; 1% fee on rent, fuel above Rs 15,000 and utilities above Rs 50,000T&C
1 May 2024Axis Bank ACELounge access conditional on Rs 50,000 spend in the previous 3 monthsT&C revision
20 Apr 2024Axis Bank AtlasWelcome miles cut from 5,000 to 2,500; gold/jewellery, rent, wallet, government, insurance, fuel, utilities and telecom excluded from earn and from tier/milestone spendFeatures T&C
20 Apr 2024Axis Bank ACEBase cashback cut from 2% to 1.5%; utilities outside Google Pay stop earningT&C revision
1 Dec 2023HDFC MillenniaComplimentary domestic lounge access withdrawnT&C
15 Jun 2023Axis Bank ACE5% and 4% categories capped at Rs 500 combined per monthT&C

Spotted a change we have not logged? Tell uswith a link to the issuer's notice. Educational only; verify current terms with the issuer.