Cardswise

Credit Card Change Log

Track recent revisions, rewards devaluations, and lounge policy updates across Indian credit cards.

Dec 1, 2024devaluation

Spend-based Lounge Access Criteria Introduced

Card: HDFC Regalia Gold Credit Card (HDFC Bank)

HDFC Bank introduced a minimum spend requirement of ₹1 Lakh in the calendar quarter to unlock complimentary lounge access for the subsequent quarter.

Category: Lounge Access
Nov 15, 2024devaluation

Utility Bills and Jewelry Transactions Excluded

Card: SBI Cashback Credit Card (SBI Card)

SBI Card expanded exclusions on its 5% cashback card. Spends on Utilities, Rent payments, Insurance, Wallet loads, School fees, and Jewelry no longer earn any cashback.

Category: Reward Exclusions
Sep 1, 2024devaluation

EDGE Points Transfer Ratio Devalued to 5:2

Card: Axis Magnus Credit Card (Axis Bank)

The points transfer ratio to travel partners was reduced from 5:4 to 5:2. The legendary 25,000 monthly milestone edge bonus points were also discontinued.

Category: Transfer Partners
Jul 20, 2024modification

Rewards Credited as Swiggy Money Balance

Card: Swiggy HDFC Credit Card (HDFC Bank)

HDFC Swiggy card cashback is now directly credited as Swiggy Money in the Swiggy application rather than appearing as statement cashback credit.

Category: Redemption
May 1, 2024devaluation

Airline/Hotel Multipliers and Rent Excluded

Card: Axis Atlas Credit Card (Axis Bank)

Axis Bank introduced monthly caps on travel spending multipliers and excluded gold, rent, and government transactions from earning Edge Miles.

Category: Reward Exclusions
Mar 15, 2024devaluation

Monthly Cap on Grocery/Dining Multipliers

Card: SBI BPCL Octane Credit Card (SBI Card)

SBI Card added a monthly cap on accelerated points for Groceries, Dining, and Departmental spends to prevent commercial usage.

Category: Rewards Cap