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 cards*.
For Coral and lower variant cards**, the cap is Rs. 40,000 for both utility and insurance spends
Grocery Capping:
Earn reward points for grocery and departmental store spends up to Rs. 40,000 per month on Rubyx or higher variant cards.
The cap is Rs. 20,000 per month for Coral...
do use search function (which surprisingly still good) if possible.
