devaluation

So BoB has jumped the devaluation bandwagon as well. They have added the minimum spend criteria to their airport lounge access from 1st Jan 2025. The good old days of credit card is in its last phase.

Supercoins will now be earned only for plus and VIP members. TNC page - https://www.flipkart.com/pages/plus-tnc

From November 1 onward, the maximum gems that can be earned through bill payments will be limited to 150 per category, instead of the earlier limit of 500 gems, with no category restrictions, even we are Mega Star 🌟 status. I have spoken with customer service regarding this issue and told that I...

Hey fellow TF Members!, I had applied for the YesBank Marquee a week before the devaluation and received the card today. I don't think I will hit the 1L spends per quarter - at max will reach 70-75k per quarter. Does this card have any other redeeming qualities? It carries a hefty joining and...

According to RBI guidelines, if a bank wishes to make changes to a credit card’s benefits or terms and conditions, the issuer must provide a one-month advance notice to all customers of the specific product. If a customer doesn’t respond, the bank may consider this as consent to continue using...

Hey TFCians, Now it’s Yes Bank, and they’re raising the spending requirements to get complimentary airport lounge access. Several Yes Bank credit cards have been devalued, making it necessary to spend a significant amount each quarter to qualify. And some changes regarding reward point...

Minor devaluation from SBI cards - SBI Cashback is missing thankfully

W.e.f. 1 Dec'24 - SBI Credit cards Devalued - AURUM, SimplyCLICK, Elite, PRIME, SimplySAVE etc: List of SBI Credit Cards where Reward Points will not be applicable on Digital Gaming Platforms/Merchants w.e.f. 1 Dec'24: • AURUM • SBI Card ELITE • SBI Card ELITE Advantage • SBI Card Pulse •...

ICICI’s recent devaluation of rewards has completely shattered my credit card usage plans. Here is a breakdown of my current situation and thoughts on next steps: Current Card Usage Active ICICI Cards: ICICI Sapphiro ICICI Coral Rupay (for UPI scans) Amazon Pay ICICI for most of my spending...

Sapphiro - spa discontinued 75k spends in quarter for lounge access. All cards affected - attached pdf

Now it's ICICI Bank's turn—they've joined the 2024 devaluation party. Here’s a simplified breakdown of the changes: Utility & Insurance Capping: You will continue to earn reward points for utility and insurance spends up to Rs. 80,000 at the current earn rate on Rubyx and higher variant...

Sapphiro - spa discontinued 75k spends in quarter for lounge access. All cards affected - attached pdf

Not sure if this has been mentioned. After charging 3% for Amazon Pay Gift cards, Smartbuy Gyftr has now started charging 2.5% for Amazon Shopping voucher also. I don't think this is HDFC rather Amazon hiking their charges. Seems now good old way of buying using CC offers is the way forward...

So, someone requested me for lounge access for VTZ a while ago. I knew pinnacle has access to this airport but before confirming I happened to have logged in to dream folks website to check available lounge. And I was astonished to find that except 6 metro cities none of the airports are showing...

Massive Devaluation Alert. Just tried to reach Axis Customer Care (Burgundy Account Holder). Now Phone Banking only available from 8am to 8pm, 7 days a week. No support over call after 8pm. Are we in 90s?

Today I started noticing HDFC Gyftr charging 2.5% gst on amazon shopping voucher and flipkart shopping voucher . Earlier this was only ment to be there for Amazon gift card. if hdfc is going to charge so much for everything how will this work . This is so sad :( they are just not stopping one...

Hdfc smartbuy started charging 2.95% on Flipkart gift card and Amazon shopping voucher Bye bye smartbuy

SBI CARDS also jumped on the utility bandwagon. Changes in T&C utility after 50000 will attract additional charges of 1%

1.With effect from 1 Nov’24, the Finance Charges revised to 3.75%. 2. With effect from 1 Dec’24, The sum of all Utility payments made in a billing cycle exceeds 50,000 then 1% fee will be charged on total amount of Utility payments

Hi TFC, I guess I started using the GoSats at wrong time. Paid 999 for Elite Card and now it's devalued. BTW, Wallet Load via CreditCard is now restricted to 10K per month. Post that, You need to pay 1.5% GST. Attached is the conversation with GoSats.