Amex MRCC: 50% renewal fee waiver at ₹90,000 spend ends
The partial (50%) renewal fee waiver for spending ₹90,000 in a year has been discontinued. The full waiver still needs ₹1.5 lakh of yearly spend.
Updated October 2026
Credit Card Changes & Devaluations 2026
Every recent change to credit card benefits in India, including reward cuts, new caps, lounge rules and fee changes, newest first. We note when figures are reported by multiple sources but not yet confirmed by the bank.
14changes tracked
13devaluations
6high impact
October 2026
Amex Platinum Travel: lounge visits now need ₹1 lakh quarterly spend
Complimentary domestic lounge visits now require ₹1 lakh of spend in the previous calendar quarter (₹70,000 for the first quarter of the change). The yearly allowance stays at up to 8 visits.
September 2026
Axis EDGE Miles: airline transfer partners regrouped
Air India, Flying Blue and Qantas were moved to a partner group with a much lower annual transfer cap, reducing how many miles you can move to them each year.
Amex Platinum Travel: ₹1.9 lakh milestone removed
The 7,500 bonus points at ₹1.9 lakh yearly spend were removed, and the ₹7 lakh milestone now gives a ₹20,000 Taj Experiences e-gift card instead of 22,500 points. The ₹4 lakh milestone (10,000 points) stays.
July 2026
HDFC Regalia Gold: domestic lounges become spend-based
Complimentary domestic lounge access now depends on spend in the previous quarter (reported as ₹60,000).
May 2026
HDFC Regalia Gold: earn rate changes to 5 points per ₹200
The base earn rate moved from 4 reward points per ₹150 to 5 reward points per ₹200, a small cut in value-back on everyday spends.
April 2026
Swiggy HDFC: 10% cashback now needs ₹249+ orders
Swiggy transactions must be ₹249 or more to earn 10% cashback. The 5% and 1% categories are unchanged, and HDFC says the card isn't otherwise being devalued.
Airtel Axis: lounge access removed, food & grocery 10% replaced
Complimentary lounge access was removed. The 10% cashback on Swiggy and BigBasket was replaced by capped partner-wallet credits on Zomato, Blinkit and District, and bill-payment caps now scale with your other spends.
Axis EDGE: Marriott Bonvoy, Accor and Qatar removed as transfer partners
Several popular transfer partners were removed, and new partners were added at a weaker 2:1 ratio (reported).
Cashback SBI Card: monthly cashback caps reduced
The monthly cashback cap was cut, with a lower sub-cap on 5% online spends (reported as ₹2,000 per statement; trackers report slightly different figures). Check SBI Card's latest terms.
February 2026
HDFC Infinia: reward redemptions limited to 5 a month
Reward point redemptions are capped at 5 transactions per month across all partners (reported).
Scapia: lounge access threshold raised to ₹20,000 a month
Unlimited domestic lounge access now needs ₹20,000 of spend in the month, up from ₹10,000.
January 2026
HDFC Infinia & Diners Black: Turkish Airlines transfer ratio halved
Points now transfer to Turkish Airlines Miles&Smiles at 2:1 instead of 1:1.
super.money RuPay: 3% UPI cashback now tied to other spends
The ₹500 cashback cap was removed and other spends earn unlimited 1%. But 3% cashback on super.money UPI is now capped at whatever you earn from 1% spends in the same cycle (minimum ₹100), and transactions under ₹100 earn nothing.
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