ICICI Bank to raise credit card fees and cut some benefits
In short
ICICI Bank is changing its credit card rules. New charges start on Nov. 25, and some cardholders will lose free travel insurance and INOX benefits from Dec. 15.
What the reporting says
ICICI Bank is changing its credit card charges, with new fees set to kick in from Nov. 25. From Dec. 15, select cardholders will lose complimentary travel insurance and INOX benefits. The changes affect card users who rely on these perks, as the bank reshapes pricing and benefits on certain cards.
Why it matters
ICICI Bank is revising credit card charges, with new fees beginning on Nov. 25. The bank will also remove complimentary travel insurance and INOX benefits for select cardholders from Dec. 15. The change affects credit card users and alters the value of some card-linked benefits.