What changed in credit cards: September 2026

2 changes to Indian credit cards took effect in September 2026, including 2 devaluations. Here's what changed and which cards are affected.

DevaluationHigh impactAxis Bank

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.

DevaluationHigh impactAmerican Express

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.

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