SBI Credit Cards

SBI Card will not offer complimentary air accident insurance coverage on certain credit cards starting from July 15, 2025. The insurance cover of Rs. 1 crore will be removed from cards like SBI Card Elite, SBI Card Miles Elite and SBI Card Miles Prime. Also, SBI Card Prime and SBI Card Pulse will no longer have the Rs. 50 lakh air accident insurance benefit. So, after this date none of these cards will include any air accident insurance coverage. Users should take note and make decisions as per the new changes.

HDFC Bank Credit Cards

HDFC Bank is also making changes in its credit card charges and reward policies starting July 1, 2025. A 1% fee (with a maximum charge of Rs. 4,999 per month) will be applicable to the following transactions:

• Online expenses on skill-based games
• Wallet loading like PayTM or Mobikwik
• Utility bill payments above Rs. 50,000 per month on consumer cards and Rs. 75,000 per month on business cards
• Reward points will not be given for spending on gaming platforms

Even though insurance payments will not have any extra charges, they will now have a monthly limit on reward points:

• 10,000 points for Infinia cards
• 5,000 points for Diners Black cards
• 2,000 points for most other credit cards
• Marriott Bonvoy credit cards will not be affected by these reward point limits.

These updates are made to match current spending habits and improve clarity for card users.

Kotak Mahindra Bank Credit Cards

Kotak Mahindra Bank will stop the Myntra Kotak Credit Card. This card will no longer be available from July 10, 2025. The existing users of the Myntra Kotak Credit Card will be transferred to the Kotak League Credit Card.

Cardholders should check the features, rewards and terms of the new Kotak League Credit Card to understand how it differs from the current one.
This change is part of the bank’s update to its credit card lineup.

These credit card changes will come into effect in July 2025. This will affect many users in different banks. The cardholders should check the updated terms properly and understand how these changes may impact their benefits and costs. Taking time to review the new rules will help you avoid confusion and improve the financial planning.