What changed on HDFC Regalia Gold in 2026?

Per HDFC's letter, the card earns 5 reward points per ₹200 from 15 May 2026, and domestic lounge access from 1 July 2026 needs ₹60,000 of spend in the previous calendar quarter. The DCC markup was revised to 1.75% and a ₹199 reissue fee applies, both from 15 May 2026.

What did Axis Bank change from 28 August 2026?

Axis's generic terms raised the DCC markup from 1.5% to 3.5%, set a ₹1,300 late fee for balances of ₹50,000 and above, and now apply payments to fees and charges first. Some premium cards reportedly carry a lower DCC.

Can a bank change my credit card benefits without telling me?

RBI's card rules for banks require 30 days' notice of changed terms and at least one month's notice, with prospective effect only, for changes in charges. They do not stop banks from changing benefits.

Can I close my credit card for free after a devaluation?

If charges change to your disadvantage, RBI's rules let you surrender the card without an extra closure charge once dues are paid. Whether a pure rewards or lounge cut qualifies is open to interpretation. Any closure request must be honoured within seven working days or the issuer pays ₹500 a day.

How do I avoid DCC markup when travelling abroad?

DCC applies when you pay in rupees abroad or with foreign-registered merchants. Choosing the local currency at the terminal avoids the DCC line, though your card's forex markup still applies.

Credit card devaluation in India 2026: the squeeze and your rights

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Credit card devaluation in India 2026: the squeeze and your rights | Spendzie