Effective from effective November 15, 2024, ICICI Bank is going to make major changes to its credit card rewards program.
Major changes are as follows – An increase in spend thresholds to get for lounge access (now Rs. 75,000 per quarter).
For categories like utility and insurance payments, reward points are capped. Beyond a certain limit, a 1% fee will be charged on utility, fuel and education payments.
Spa benefits will no longer be continued, and no reward points will be provided on government transactions for a few cards.
For more details, visit – ICICI credit cards introduce major changes effective November 15: What you need to know
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