ICICI Credit Card Standard Update: If you hold an ICICI Bank credit card, this is very essential information for you. In fact, two days later, on November 15, various credit card restrictions will change, affecting you directly. The regulations governing airport lounge access, utility transactions, and reward points will alter.
ICICI Credit Card Standard Update
Two days later, on November 15, there will be significant changes to the rules governing ICICI credit cards, affecting everything from reward points to transaction costs.
Access to airport lounges is limited
On November 15, the rules for ICICI Bank Credit Cards will be modified, affecting points for rewards, transaction fees, and other features across many card categories . According to the new credit card restrictions, ICICI Bank credit card customers must now spend Rs 75,000 on their card each quarter to qualify for complimentary airport lounge access. Previously, complimentary airport lounge access was provided with purchases of Rs 35,000 or more in a quarter.
Table of Contents
Rules for reducing the fuel surcharge
ICICI Bank, the second largest private-sector bank, has similarly decided to amend the fuel fee waiver guidelines for credit card holders. The bank would now abolish the fuel surcharge for credit card purchases of up to Rs 50,000 per month. The monthly restriction on the Emerald MasterCard Metal Credit Card is Rs 1 lakh.
Rules for paying utility bills and insurance
Premium credit cards (Rubix, Sapphiro, Emerald) will keep earning reward points on a monthly basis of up to Rs 80,000 and insurance payments of the same amount. Aside from that, other cards would have a limit of up to Rs 40,000 for monthly spending or insurance payments, with reward points available.
Apart from that, premium credit cardholders can earn reward points on monthly grocery purchases of up to Rs 40,000. While for all other cards, the limit has been increased to Rs 20,000.
This modification, along with the price for the supplementary card
Under the new amendments, ICICI Bank has imposed an annual fee of Rs 199 on supplementary cardholders. Which will be added to the card’s anniversary month statement. Aside from that, a 1% fee will be assessed on the transaction amount for making payments through third-party payment systems such as CRED, Paytm, or MobiKwik for other utility transactions, including education. Aside from that, the bank’s spa service through the DreamFolks Card will be stopped.
you join our tazatimesnews Telegram Channel
you join our whatsapp channel
Next News Read – US Defense Secretary : The United States has deployed 1,000 active-duty soldiers to assist with Hurricane Helene recovery efforts
Next News Read – Cervical : Take careful of THESE cervical signs and symptoms, and know how to get rid of neck pain
