By continuing, you agree to LoansJagat's Credit Report Terms of Use, Terms and Conditions, Privacy Policy, and authorize contact via Call, SMS, Email, or WhatsApp
Disclaimer: The information published on LoansJagat is intended for general informational and educational purposes only and should not be considered financial, legal, or investment advice. Interest rates, loan terms, statistics, and other data may change over time and may vary by lender or source. Please verify the latest information and consult a qualified financial advisor or the respective Bank/NBFC before making any financial decisions.
Subscribe Now
About the author
LoansJagat Team
‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.
Related Blog Post
Simplify All Your Loans Into One Affordable EMI
Customers Served
Debt Consolidated
1200+ Reviews
Locations in India
Club all Loans & Credit Card Bills into Single EMI
Quick Apply Loan
Consolidate your debts into one easy EMI.
Takes less than 2 minutes. No paperwork.
10 Lakhs+
Trusted Customers
2000 Cr+
Loans Disbursed
4.7/5
Google Reviews
50+
Banks & NBFCs Offers
Other services mentioned in this article
Q1 of FY 2025-2026 has just wrapped up, and the economy is stepping into the next quarter with many key shifts in motion. From a 50-basis-point (bps) repo rate cut by the Reserve Bank of India (RBI) to declining interest rates on savings and fixed deposits, the financial situation is changing every second.
Quarter 2 of FY 2025-2026 has brought some other changes, this time directly affecting credit card users. Major issuers like SBI Card, HDFC Bank, Kotak Mahindra Bank, and American Express are revising their credit card rules.
Scroll down to check the changes in the credit cards which you own.
SBI Card has rolled out multiple updates, effective July 15, 2025, that impact the way your credit card benefits and payments work. One of the key changes includes the discontinuation of complimentary air accident insurance, along with updates to minimum payment calculations and settlement orders.
Card Name | Current Insurance Benefit | What’s Changing (From July 15, 2025) |
SBI Card Elite | ₹1 crore air accident cover | Benefit discontinued |
SBI Card Miles Elite | ₹1 crore air accident cover | Benefit discontinued |
SBI Card Miles Prime | ₹1 crore air accident cover | Benefit discontinued |
SBI Card Prime | ₹50 lakh air accident cover | Benefit discontinued |
SBI Card Pulse | ₹50 lakh air accident cover | Benefit discontinued |
These changes mean that cardholders will no longer be eligible for complimentary air accident insurance after July 15, 2025.
Read More - RBI's 2025 Credit Score Reforms: Implications for Loan Eligibility
What are the New Changes in HDFC Credit Cards?
HDFC Bank will revise its credit card charges starting July 1, 2025, focusing on transparency and aligning with user spending patterns. While some transactions will attract new charges, reward structures have also been capped.
Transaction Type | New Charge/Cap | Notes |
Wallet Loading / Online Gaming | 1% fee (capped at ₹4,999/month) | Applies to spends on PayTM, Mobikwik, and skill gaming |
Utility Bill Payments |
The aim is to curb misuse of credit cards for non-standard spending while rewarding regular and essential usage patterns.
Kotak Mahindra Bank has made a major product-level change for its co-branded credit card portfolio. The Myntra Kotak Credit Card will be discontinued starting July 10, 2025.
Here’s what customers need to know:
Current Card | Status | New Card After Migration | Action Required |
A fee applies if the spend exceeds ₹50,000 (consumer cards) / ₹75,000 (business cards)
Insurance Payments (Reward Points) | 10,000 cap (Infinia), 5,000 (Diners Black), 2,000 (most others) | The Marriott Bonvoy card is exempt |
Rent, Fuel, Education Payments | The existing 1% fee continues but is now capped at ₹4,999 per transaction | Fuel: Fee applicable only if > ₹15,000/₹30,000. Education: Fee applies only via third-party apps |
Gaming Spends | No reward points |
*T&C Apply
Discontinued (from July 10, 2025) |
Kotak League Credit Card |
Review new features, terms, and reward structures |
Existing users will be migrated automatically and should ensure they’re aware of what the new card offers — and what it doesn’t.
American Express has also tweaked its rewards program. The Amex Gold Credit Card will no longer offer points for fuel spends.
Also Read - Top 5 Credit Cards Offering Maximum Cashback
Here’s the change summarized
Card Name | Transaction Type | Previous Benefit | What’s Changing (From June 12, 2025) |
Amex Gold Credit Card | Fuel (petrol/diesel/CNG) | Reward points applicable | No reward points on any fuel purchases across all fuel types |
This means that cardholders will no longer earn any reward points when purchasing fuel using their Amex Gold Credit Card, effective mid-June 2025.
These upcoming credit card changes are a reminder of how unpredictable the personal finance space has become. Whether you're a premium cardholder or use your credit card for everyday transactions, staying informed is crucial.
Review your card’s terms, adjust your spending strategies, and plan to avoid unexpected fees or lost benefits.
As credit card companies continue to tighten and tweak their offerings in response to evolving consumer behaviour and regulatory requirements, being aware of such updates can help you maximise value and avoid unpleasant surprises.
.png&w=3840&q=75)
