ICICI credit cards introduce major changes effective November 15: What you need to know

ICICI credit cards introduce major changes effective November 15: What you need to know

Every bank needs to maintain a balance between the credit card rewards offered to customers and profitability. The balance ensures the rewards program can be provided to customers on a sustainable basis in the long term. Banks like HDFC Bank and Axis Bank have restructured the benefits on their credit cards in the recent past. … Read more

ICICI Bank reduces credit card benefits starting November 15. Details here

ICICI Bank reduces credit card benefits starting November 15. Details here

Close on the heels of HDFC Bank upgrading the eligibility criteria for its premium credit cards and SBI increasing interest rates for its credit cards, ICICI Bank has reduced the benefits for customers across credit cards. There will be no reward points on government-related spending on ICICI credit cards. The bank has also capped reward … Read more