SC Ultimate forex charges back to 3.5% (no more 1.5% cashback) - Devaluation?

[peregrine0falcon]

Today I got a reminder mail to activate my SC Ultimate card. I was going through the T&C and read this line

1. W.e.f 1st June, 2024, the cashback of 1.5% given to the client on forex markup fees will be discontinued.

So, it is no more good for international transactions. Only BOB Eterna is king as of now. (I use IDFC Wow, BOB not upgrading my premier to eterna even with 1 Lakh+ salary, asking me to wait for 1 year).

Reference:

1. https://av.sc.com/in/content/docs/in-ultimate-credit-card-tnc.pdf (page 2)

 

[moneyMaker]

one card .

-0.18%

 

[peregrine0falcon]

one card .

-0.18%

Happy with IDFC Wow with +0.66% back.

Also for people who are reading this, I have recently closed my Moneyback+ (Happy on closing )

 

[moneyMaker]

Happy with IDFC Wow with +0.66% back.

lucky youuu .