What are new credit card rules from September 1? All you need to know – India TV
Image Source : FILE Representational picture From Sunday, September 1, 2024, a few changes are set to affect credit card users across various banks. These adjustments will impact how reward points are earned and redeemed, payment deadlines, and minimum amount due. These changes will influence how reward points are earned and redeemed, as well as payment deadlines and minimum balances. It is important to keep in mind and take action before these deadlines pass on anything from revisions to Aadhaar and bank fixed deposit schemes to changes in credit card terms. HDFC Bank reward points caps HDFC Bank is introducing new caps on reward points starting September 1 with limiting the points earned on utility and telecom transactions to 2,000 points per calendar month. Additionally, reward points will no longer be earned on education payments made through third-party apps such as CRED, Cheq, and MobiKwik. This policy applies to all HDFC credit cards, including co-branded and premium cards like Swiggy and TataNeu. What changes IDFC first Bank is introducing IDFC First Bank is making changes to …