Devaluation, Revaluation Alerts and Regular Updates – All Latest Updates in One Place

[saber.mbt]

🚨 Singapore Air / KrisFlyer Devaluation loading.. Effective 1st November 🚨

If you're sitting on loads of singapore air miles, It will be a good idea to plan your travel and lock in the rates on or before 31st October.

Redemption rates increasing by upto ~20% effective 1st November ! 💔

Existing Award Chart : https://www.singaporeair.com/saar5/pdf/ppsclub_krisflyer/charts/SQ_AwdChart.pdf

New Award Chart : https://www.singaporeair.com/conten...WayAdvantageSaverAwardChartupdated1Nov25 .pdf

Eco | Premium Eco | Business | First Class


They're also adding dynamic award option and partner award requirements are increasing too !

Economy Saver Award redemption rates will reduce by 5%.

Link to news Article : https://www.singaporeair.com/en_UK/sg/ppsclub-krisflyer/KFupdates2025/

 

[saber.mbt]

🚨 Devaluation alert: Above changes will come in to effect from 10 Oct 2025

IDFC FIRST Bank did a third update in list of excluded MCC codes in last 1 month, here is the full list 👇🏻

All earned Reward points will reflect and be ready for redemption post 30 working days from the date of transaction.

 

[saber.mbt]

🚨 Devaluation alert: ICICI AmazonPay Credit Card

Dear Customer,

Please note the upcoming changes to the features and benefits of your Amazon Pay ICICI Bank Credit Card XX50XX, effective Oct 11, 2025.

1. Changes in features and benefits:

• International Forex Mark-up has been reduced to 1.99%

2. Benefits that continue:

• No Joining Fees and No Annual Fees

• Enjoy unlimited 5% cashback on shopping* on Amazon.in and travel bookings (flights & hotels) through Amazon Pay for Amazon Prime Customers

• All other/Non-Prime customers can enjoy unlimited 3% cashback on shopping* on Amazon.in and travel bookings (flights & hotels) through Amazon Pay

• 2% unlimited cashback for transactions on Amazon Pay partner categories* (login and pay with Amazon, digitally fulfilled categories and physical gift cards on Amazon)

• 1% unlimited cashback on spends outside Amazon.in*

• No-cost EMI (sitewide) on eligible Amazon.in transactions will continue**

• 1% Fuel Surcharge Waiver across all fuel outlets in India.

3. Revised spend exclusions

• Certain transactions will not be eligible for cashback:


- For transactions on Amazon.in, Amazon Pay and Amazon Partners, no cashback on transactions on gold coins, EMI, rent, tax payments and education

- For other Merchant transactions: no cashback on transactions on EMI, rent, fuel, tax, education, utilities and international transactions.

Transaction categories

CategoryMerchant Category Code (MCC)
Utility4899, 4900, 4901, 3887, 4897, 5416, 5417, 4812, 4813, 4814, 4815, 4821, 4896, 4902, 3886
Rent7014, 7407, 5271, 6513
Fuel1361, 3851, 5172, 5541, 5542, 5983, 9752, 5555
Tax9311, 9313
Education8211, 8220, 8241, 8244, 8249, 8299, 8493, 8494, 7911
**For further details, please refer to the Terms & Conditions and MITC of your Card.

Sincerely,

Team ICICI Bank

Source: Gmail

 

[saber.mbt]

🚨 Devaluation alert:

ICICI Credit Card Devaluation (w.e.f. Oct 01, 2025)

3.5% Dynamic Currency Conversion fee,
Skill-Based Game & wallet load - 1% fee
Cash payment at branches - ₹150 per payment transaction



Source: https://www.icicibank.com/content/d...ssets/revamp-page-images/docs/pdf/mitc_cc.pdf

 

[panchabhut]

🚨 Devaluation alert: ICICI AmazonPay Credit Card

Dear Customer,

Please note the upcoming changes to the features and benefits of your Amazon Pay ICICI Bank Credit Card XX50XX, effective Oct 11, 2025.

1. Changes in features and benefits:

• International Forex Mark-up has been reduced to 1.99%

2. Benefits that continue:

• No Joining Fees and No Annual Fees

• Enjoy unlimited 5% cashback on shopping* on Amazon.in and travel bookings (flights & hotels) through Amazon Pay for Amazon Prime Customers

• All other/Non-Prime customers can enjoy unlimited 3% cashback on shopping* on Amazon.in and travel bookings (flights & hotels) through Amazon Pay

• 2% unlimited cashback for transactions on Amazon Pay partner categories* (login and pay with Amazon, digitally fulfilled categories and physical gift cards on Amazon)

• 1% unlimited cashback on spends outside Amazon.in*

• No-cost EMI (sitewide) on eligible Amazon.in transactions will continue**

• 1% Fuel Surcharge Waiver across all fuel outlets in India.

3. Revised spend exclusions

• Certain transactions will not be eligible for cashback:


- For transactions on Amazon.in, Amazon Pay and Amazon Partners, no cashback on transactions on gold coins, EMI, rent, tax payments and education

- For other Merchant transactions: no cashback on transactions on EMI, rent, fuel, tax, education, utilities and international transactions.

Transaction categories

CategoryMerchant Category Code (MCC)
Utility4899, 4900, 4901, 3887, 4897, 5416, 5417, 4812, 4813, 4814, 4815, 4821, 4896, 4902, 3886
Rent7014, 7407, 5271, 6513
Fuel1361, 3851, 5172, 5541, 5542, 5983, 9752, 5555
Tax9311, 9313
Education8211, 8220, 8241, 8244, 8249, 8299, 8493, 8494, 7911
**For further details, please refer to the Terms & Conditions and MITC of your Card.
View attachment 109654
Sincerely,

Team ICICI Bank

Source: Gmail

So now education is completely gone? Earlier, they were giving for payment from direct school/college site. Also, would govt txn give 1% or that is gone too?

 

[Abhishek012]

🚨 Devaluation alert: Above changes will come in to effect from 10 Oct 2025

IDFC FIRST Bank did a third update in list of excluded MCC codes in last 1 month, here is the full list 👇🏻

All earned Reward points will reflect and be ready for redemption post 30 working days from the date of transaction.

View attachment 109510

5 more MCC Codes added on exclusion list (IDFC Debit Card Devaluation) -

Merchant Categories	Merchant Codes
Insurance Sales and Underwriting	6300
Financial Institutions – Merchandise & Services	6012
Security Brokers / Dealers	6211
Quasi Cash	6051
Wallet Upload	6540
All Unrecognized Debit Card MCC	E.g. 5413
Tolls and bridge fees (w.e.f 10th Oct 2025)	4784
Telecommunication Services (w.e.f 10th Oct 2025)	4814
Money Orders – Wire Transfers (w.e.f 10th Oct 2025)	4829
Utilities: Electric, Gas, Heating Oil, Sanitary, Water (w.e.f 10th Oct 2025)	4900
Precious stones and metals, watches, and jewellery (w.e.f 10th Oct 2025)	5094
Petroleum and petroleum products (w.e.f 10th Oct 2025)	5172
Service stations (with or without ancillary services) (w.e.f 10th Oct 2025)	5541
Automated fuel dispensers (w.e.f 10th Oct 2025)	5542
Clock, Jewellery, Watch and Silverware Stores (w.e.f 10th Oct 2025)	5944
Direct Marketing Insurance Services (w.e.f 10th Oct 2025)	5960
Fuel dealers — fuel oil, wood, coal, and liquefied petroleum (w.e.f 10th Oct 2025)	5983
Rent Payments (w.e.f 10th Oct 2025)	6513
Consumer Credit Reporting Agencies (w.e.f 10th Oct 2025)	7321
Debt collection agencies (w.e.f 10th Oct 2025)	7322
Charitable and social service organizations (w.e.f 10th Oct 2025)	8398
Civic, Fraternal, and Social Associations (w.e.f 10th Oct 2025)	8641
Fines (w.e.f 10th Oct 2025)	9222
Tax Payments (w.e.f 10th Oct 2025)	9311
Government Services – Not Elsewhere Classified (w.e.f 10th Oct 2025)	9399

​

 

[BhaiyaJi]

They should better share the eligible MCCs

 

[HumorSimpson]

They should better share the eligible MCCs

No need of plural. There might be only one MCC that is left in include category.

 

[iimadarsh]

So now education is completely gone? Earlier, they were giving for payment from direct school/college site. Also, would govt txn give 1% or that is gone too?

Slowly, everything will go away.

 

[Wealth is my birth right!]

No need of plural. There might be only one MCC that is left in include category.

Yes this black gem lost its shine from today

 

[Trust Me]

🚨 Devaluation alert: ICICI AmazonPay Credit Card

Dear Customer,

Please note the upcoming changes to the features and benefits of your Amazon Pay ICICI Bank Credit Card XX50XX, effective Oct 11, 2025.
.........

Sincerely,

Team ICICI Bank

Hehe ..... For some reason you have stripped off the sugar coating:

"Your Amazon Pay ICICI Bank Credit Card XXXXXX just got better!"
.

 

[TripleAce]

Received the email today.