YES Bank and AU Small Finance Bank have introduced various credit card related changes in December. While AU Small Finance Bank has revised its reward points, Axis Bank has made several changes to the general terms and conditions of most of its credit cards. SBI has revised utility bill payments fees, and YES Bank has revised reward point redemption category.
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AU Small Finance Bank has revised its reward point usage for Ixigo AU credit card with effect from December 22, 2024. Here are the latest changes:
1. Discontinuation of reward points on specific categories: Ixigo AU credit cardholders will not earn reward points on educational, government, rent and BBPS transactions starting December 22, 2024.
2. Discontinuation of reward points on international spends:
The bank introduced a 0% forex markup on Ixigo AU credit card effective December 23 and it is withdrawing reward points on international transactions to facilitate the same.
3. Reward points on Telecom/utility and insurance spends:
Ixigo Au credit cardholders will earn 1 reward point per Rs 100 on utility and telecom and insurance spends. Additionally, cardholders can earn a maximum of 100 reward points per transaction for insurance spends.
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