Credit card changes tracker

49 changes from 12 banks in 2026, newest first. 43 of them make a card worse for most people. Each links to the bank notice or the report it comes from.

November 2026

• 15 NovAxis BankNeutralOther

  Complimentary memberships linked to the card will be renewed only with the cardholder's explicit consent.

  SELECT, Magnus, Magnus for Burgundy, Reserve, Olympus, Burgundy Private · Source

• 1 NovAxis BankWorse for youOther

  The District buy one get one movie offer will need spends of Rs 25,000 in the previous 3 months.

  SELECT, MY ZONE, NEO, Privilege · Source

October 2026

• 11 OctOneCard (BOBCARD)Worse for youFees

  Late payment charges rise: Rs 700 for dues of Rs 1,001 to 5,000, new slabs of Rs 1,000, 1,100 and 1,200 up to Rs 25,000, and Rs 1,300 above Rs 25,000.

  OneCard · Source

• 1 OctAxis BankWorse for youMilestone benefit

  Spends in non-reward categories such as rent, fuel, insurance, utilities, wallet, education and gift cards no longer count toward the Rs 3 lakh annual milestone.

  SELECT · Source

September 2026

• 23 SeptAxis BankWorse for youRewards

  Travel EDGE transfer partners reshuffled: Air India, Flying Blue and Qantas moved to the capped Group A, ITC Hotels removed, Accor returns at a lower ratio, and Lufthansa, Cathay and Hilton added.

  Atlas, Magnus, Magnus for Burgundy, Reserve and other EDGE cards · Source

• 9 SeptIDFC FIRST BankBetter for youFees

  Forex markup cut to zero on all existing and new credit cards, and a planned stop to reward points on international spends was dropped.

  All cards · Source

• 1 SeptAxis BankWorse for youFees

  Annual fee doubles from Rs 50,000 to Rs 1,00,000 plus GST for holders below the Rs 5 crore relationship value.

  Burgundy Private · Source

August 2026

• 29 AugOneCard (BOBCARD)Worse for youSurcharge

  A 1% fee applies on education payments made through third-party apps.

  OneCard · Source

• 29 AugOneCard (BOBCARD)Worse for youRewards

  Bills and utilities payments stop earning reward points.

  OneCard · Source

• 28 AugAxis BankWorse for youFees

  Dynamic currency conversion markup rises from 1.5% to 3.5% on most cards, 2% on Magnus and 1.8% on Olympus.

  Atlas, SELECT, MY ZONE, NEO, Privilege (3.5%); Magnus, Magnus for Burgundy (2%); Olympus (1.8%) · Source

• 28 AugAxis BankWorse for youFees

  A new late payment fee slab of Rs 1,300 applies for outstanding balances above Rs 50,000.

  Most cards · Source

• 28 AugAxis BankWorse for youRewards

  Tolls, bridge fees and road fees stop earning rewards, and gift card purchases move to a separate non-rewarding category.

  Most cards · Source

• 28 AugAxis BankNeutralLounge access

  Priority Pass is no longer accepted at domestic lounges in India; the credit card itself must be used.

  SELECT, Magnus, Magnus for Burgundy, Reserve, Olympus, Primus, Burgundy Private · Source

• 25 AugBank of Baroda (BOBCARD)Worse for youOther

  Complimentary air and non-air accidental death insurance is withdrawn for existing cardholders.

  Eterna, Premier, Select, Tiara and other variants · Source

• 18 AugHDFC BankWorse for youCard withdrawn

  The original Swiggy card is being phased out; holders are upgraded to Swiggy Ornge (5% on Swiggy) by default or can choose Swiggy BLCK (10%, Rs 1,000 fee).

  Swiggy HDFC Bank Credit Card · Source

July 2026

• 26 JulHSBCBetter for youRewards

  Card moves to Visa Infinite, 10% cashback extends to shopping and utilities, the monthly cap rises from Rs 1,000 to Rs 1,200 and one international lounge visit a year is added.

  Live+ · Source

• 15 JulBank of Baroda (BOBCARD)Worse for youFees

  Finance charges rise from 3.25% to 3.75% a month.

  Eterna, Eterna FD, Tiara · Source

• 15 JulBank of Baroda (BOBCARD)Worse for youLounge access

  Domestic lounge access now needs Rs 75,000 spend in the preceding quarter, up from Rs 40,000.

  Eterna, Eterna FD, Tiara, Varunah Premium · Source

• 1 JulHDFC BankWorse for youLounge access

  Domestic lounge access becomes 3 visits a quarter only after spending Rs 60,000 in the previous quarter.

  Regalia Gold · Source

• 1 JulHDFC BankWorse for youLounge access

  Lounge access becomes 2 domestic and 1 international visit a quarter only after spending Rs 60,000 in the previous quarter.

  Diners Club Privilege · Source

• 1 JulHDFC BankWorse for youRewards

  Accelerated reward points on SmartBuy brand gift vouchers are capped at 3,000 points a month within the overall SmartBuy cap.

  Infinia, Diners Club Black, Regalia Gold, BizBlack and other SmartBuy cards · Source

• 1 JulSBI CardWorse for youRewards

  Online reward cap halves from 2,000 to 1,000 points a month, PhonePe spends are split into 500 points for insurance and 1,500 for others, and tolls, jewellery, education and non-PhonePe utilities, insurance and UPI stop earning.

  PhonePe SBI Card SELECT BLACK · Source

• 1 JulSBI CardWorse for youRewards

  The reward points programme is revised with lower caps and new exclusions, in line with the SELECT BLACK changes.

  PhonePe SBI Card PURPLE · Source

• 1 JulIndusInd BankWorse for youLounge access

  Domestic lounge access needs prior-quarter spends of Rs 5 lakh on Indulge and Solitaire and Rs 1.5 lakh on Legacy, Crest, Celesta and Pinnacle.

  Indulge, Solitaire, Legacy, Crest, Celesta, Pinnacle · Source

• 1 JulAU Small Finance BankWorse for youSurcharge

  A 1% fee applies on all fuel spends in a month if any single fuel transaction exceeds Rs 10,000 or monthly fuel spends exceed Rs 25,000.

  Most cards (not Corporate or Purchase cards) · Source

June 2026

• 18 JunIDFC FIRST BankWorse for youRewards

  Movie benefits need Rs 20,000 spend in the previous month, and reward points are earned only on spends up to the credit limit.

  All cards including Mayura, Ashva, Wealth, Diamond Reserve, Gaj · Source

• 15 JunYES BankWorse for youFees

  Cash advance fee becomes 2.5% or Rs 650, new fees apply on auto-debit failure and branch cash or cheque payments, card reissue costs Rs 199, and forex markup rises to 3.5% on ACE, Select, Klick and others, 3% on Elite+ and 2% on YES First Preferred.

  All cards · Source

• 15 JunYES BankWorse for youRewards

  Insurance, education, railways, tolls, ferry and jewellery spends stop earning reward points.

  YES First Preferred, Elite+, ACE, FinBooster, Select, Prosperity Rewards, Wellness, Klick and others · Source

• 14 JunAU Small Finance BankWorse for youSurcharge

  A 1% fee applies on monthly railway, local commute and toll spends above 50% of the credit limit or Rs 25,000, whichever is lower.

  Most cards (not ixigo AU) · Source

May 2026

• 15 MayHDFC BankWorse for youRewards

  Reward points are earned per Rs 200 spent instead of per Rs 150, about a 25% cut on most cards; Infinia, Diners Black and BizBlack are unchanged.

  Regalia Gold, Regalia, Diners Privilege, Diners ClubMiles, MoneyBack, Freedom, BizPower and most other reward point cards · Source

• 15 MayHDFC BankWorse for youFees

  Dynamic currency conversion fee is set at 1.75%, and card reissue costs Rs 199 for plastic and Rs 3,500 for metal cards.

  Most cards · Source

• 15 MayHDFC BankBetter for youOther

  New Boarding Edge programme gives 2 travel benefits a quarter (airport transfers, spa, dining or room upgrades) on uploading a boarding pass.

  Regalia Gold · Source

• 1 MaySBI CardWorse for youFees

  Late payment charge becomes Rs 100 for dues of Rs 100 to 500 and Rs 500 for dues of Rs 500 to 1,000.

  All cards · Source

• 1 MaySBI CardWorse for youFees

  The Rs 499 annual fee is reversed only on annual spends of Rs 1 lakh, up from Rs 50,000.

  BPCL SBI Card · Source

April 2026

• 13 AprAU Small Finance BankWorse for youLounge access

  Domestic lounge access needs Rs 50,000 spend in the previous calendar quarter for 2 visits.

  ixigo AU · Source

• 12 AprAxis BankWorse for youRewards

  Lounge access is removed, Swiggy and BigBasket cashback ends, and Airtel and utility cashback is capped at 2 times and 1 times the base cashback earned.

  Airtel Axis Bank · Source

• 2 AprAxis BankWorse for youRewards

  Accor, Marriott Bonvoy and Qatar Airways were dropped as transfer partners without notice, with Finnair and Vietnam Airlines added.

  Magnus, Magnus for Burgundy, Reserve, Olympus and other EDGE cards · Source

• 1 AprSBI CardWorse for youRewards

  Cashback is capped at Rs 2,000 online and Rs 2,000 offline per cycle (Rs 4,000 total), and gaming, tolls and government payments are excluded.

  CASHBACK SBI Card · Source

• 1 AprSBI CardWorse for youRewards

  Statement credit redemption is capped at 60,000 points a month and allowed only in multiples of 4,000 points.

  Most cards (not Air India or PhonePe cards) · Source

• 1 AprHDFC BankWorse for youOther

  To keep the card, holders must spend Rs 18 lakh or keep Rs 50 lakh relationship value in the year April 2026 to March 2027.

  Infinia, Infinia Metal · Source

• 1 AprBank of Baroda (BOBCARD)Worse for youSurcharge

  A 1% fee applies on education payments via third-party apps, tolls and bus spends above Rs 5,000 and railway bookings above Rs 30,000; telecom spends now earn points.

  Most cards · Source

• 1 AprICICI BankWorse for youOther

  BookMyShow benefits need Rs 25,000 spend in the previous quarter.

  Select cards with BookMyShow benefit · Source

March 2026

• 31 MarSBI CardNeutralCard withdrawn

  Etihad Guest cards are deactivated by 31 March 2026 and replaced with Miles SBI Card and Miles SBI Card ELITE.

  Etihad Guest SBI Card, Etihad Guest Premier SBI Card · Source

February 2026

• 27 FebFederal BankWorse for youLounge access

  Monthly spend needed for domestic lounge access doubles from Rs 10,000 to Rs 20,000, and insurance and utility payments stop earning rewards.

  Scapia Federal · Source

January 2026

• 18 JanIDFC FIRST BankWorse for youRewards

  Rewards on international spends cut from 10X to 5X unless monthly spend is Rs 20,000, and no rewards for a cycle if the minimum due is missed.

  Ashva, Mayura · Source

• 15 JanICICI BankWorse for youSurcharge

  New fees: 2% on online gaming, 1% on wallet loads of Rs 5,000 or more, and 1% on transport spends above Rs 50,000.

  All cards · Source

• 15 JanICICI BankWorse for youFees

  Dynamic currency conversion fee revised to 3.5% on most cards, 2% on Emeralde, 1.99% on Amazon Pay, 1.49% on Times Black and 0.99% on MakeMyTrip Travel.

  Most cards · Source

• 10 JanSBI CardWorse for youLounge access

  Domestic lounge access is limited to a set list of lounges by card tier (Set A and Set B).

  PRIME, Club Vistara, BPCL OCTANE, SELECT co-brands and others · Source

• 1 JanAU Small Finance BankWorse for youRewards

  Dining rewards fall from 20 to 5 points, base from 5 to 3, international and grocery from 10 to 5, and the quarterly voucher and Taj Epicure milestones end.

  Zenith · Source

Dates are when a change takes effect. Banks sometimes change dates after announcing them; check your card's current terms on the bank site.

Last checked 5 October 2026. Sources: Bank notices and news reports linked on each entry