Devaluation Updates
When banks change card benefits, we cover what changed, who is affected, and whether the card is still worth holding.
Jupiter Edge+ Devaluation 2026: The 10% Cashback Is Now About 7%
Jupiter cut the Edge+ Jewel value from ₹0.20 to ₹0.14 from June 2026, trimming its 10% cashback to about 7%. What changed and whether to keep the card.
ICICI Credit Card Devaluation 2026: iShop Cut and New Fees
ICICI slashed iShop returns (Emeralde 18% to 3%) and added fees on gaming, wallet loads and transport from January 2026: what changed and what to do.
Scapia, IDFC First and Yes Bank Devaluation 2026
Scapia doubled its ₹10,000 lounge bar to ₹20,000, IDFC First moved to ₹200 a point, and Yes Bank scrapped overlimit across its cards in 2026.
Amex Platinum Travel Devaluation 2026: ₹4L to ₹7L
Amex reset the Platinum Travel milestone on 9 March 2026: the ₹4 lakh tier lost its Taj voucher and most of its points; the full reward now needs ₹7 lakh.
HDFC Credit Card Devaluation 2026: Swiggy, Tata Neu, Fees
HDFC's 2026 devaluation split the Swiggy card into Ornge and BLCK, closed the Tata Neu cashback loophole, and gated lounge access behind quarterly spend.
Axis Bank Credit Card Devaluation 2026: Accor Gone, Atlas Gutted
On 2 April 2026 Axis Bank cut Accor, Marriott and Qatar Airways from Travel Edge, dropping Atlas best-case yield from about 8% to 1% on base spend.
Credit Card Devaluations in India 2026: The Complete List
Axis, HDFC, American Express, SBI and ICICI all devalued credit cards in 2026. The complete list of what changed across rewards, lounges and fees.
HDFC Regalia Gold Devaluation 2026: Spend-Gated Lounges and a Thinner Base Rate
HDFC cut the Regalia Gold base rate and put domestic lounges behind a ₹60,000 quarterly spend gate from July 2026. What changed across the Regalia family, and what to do.
SBI Cashback Card Devaluation 2026: What Changed, What to Do
What the SBI Cashback card looks like after the April 2026 cap restructure and exclusion-list expansion, and whether the card is still worth the ₹999 fee.