No Reward Points for Government Transactions from July 15

SBI Cards has announced a significant change effective from July 15, 2024.

Reward points will no longer accrue on government-related transactions for certain credit cards, identified under Merchant Category Codes (MCC) 9399 and 9311.

List of Affected SBI Cards

The following SBI credit cards will no longer earn reward points on government-related transactions:

Air India SBI Platinum CardClub Vistara SBI Card PRIMEFabindia SBI Card SELECTNature’s Basket SBI Card ELITE
Air India SBI Signature CardDelhi Metro SBI CardIRCTC SBI CardOLA Money SBI Card
Central SBI Select+ CardEtihad Guest SBI CardIRCTC SBI Card PremierPaytm SBI Card
Chennai Metro SBI CardEtihad Guest SBI Premier CardMumbai Metro SBI CardPaytm SBI Card SELECT
Club Vistara SBI CardFabindia SBI CardNature’s Basket SBI CardReliance SBI Card
Reliance SBI Card PRIMEYatra SBI Card

It will come into effect from July 15.

Changes in Other Bank Card Policies

ICICI Bank:

Starting July 1, 2024, ICICI Bank will increase the card replacement fee from Rs 100 to Rs 200 for all cards.

Exceptions include:

  • Rs 3500 for Emeralde Private Metal Credit Card.
  • Rs 199 for ICICI Bank Expressions Credit Card.

PNB Rupay Platinum Debit Card:

From July 1, 2024, lounge access benefits will be revised to:

One domestic airport/railway lounge access per quarter. Two international airport lounge accesses per annum.

Axis Bank:

Axis Bank has announced that the migration of Citi-branded cards to Axis Bank cards will be completed by July 15, 2024.

Customers will continue to use their Citi-branded cards until they receive their new Axis Bank cards post-migration.

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