New Delhi: HDFC Bank and IDFC First Bank will be making some changes to its credit card payment terms with effect from September 1, 2024.
HDFC Bank will be introducing a ‘New Reward Points Cap’ feature on utility transactions, which means that customers can only earn up to 2,000 points per month on these transactions. The country’s largest private bank will also introduce a credit card loyalty program on specific credit cards with effect from 1st September. The bank will cap the Reward Points earned on Telecom & Cable transactions at 2000 per calendar month.
IDFC First Credit Card rule changes
IDFC FIRST Bank will be making significant changes to its credit card payment terms, such as the minimum amount due and payment due date. The bank announced that the changes will come into effect from September 1, 2024. The lender credit card’s minimum amount due and payment due date will be changed. The bank has decided to decrease the minimum amount due on credit cards. The lender has decided to shorten the payment due date from 18 to 15 days.
HDFC Bank Credit Cards
Millennia Credit Card
IndianOil HDFC Bank Credit Card
Swiggy HDFC Bank Credit Card
Pixel Credit Cards
Biz Black Metal Edition Credit Card
Biz Power Credit Card
Biz Grow Credit Card
Biz First Credit Card
CSC Small Business MoneyBack
HDFC Bank UPI RuPay Biz Credit Card
Corporate Platinum Credit Card
Corporate Premium Credit Card
HDFC Bank & SAP Concur Solutions Black Corporate Credit Card
HDFC Bank & SAP Concur Solutions Prime Corporate Credit Card
IDFC FIRST Bank Credit Cards
Mayura Metal Credit Card
Ashva Metal Credit Card
FIRST EA₹N
FIRST Power and Power+
First SWYP
FIRST Millennia
FIRST Classic
First Select
First Wealth
FIRST WOW
IDFC FIRST Bank will lower the minimum amount due on credit cards. HDFC Bank will make changes in its card loyalty program on specific credit cards. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today