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Devaluation, Revaluation Alerts and Regular Updates – All Latest Updates in One Place
TF Legend
TF Family
Contributor
Moderator
Date: 10-05-2025
Credit Card: IDFC FIRST Bank Mayura Credit Card Revaluation Alert: Starting 1st June, 2025 .
Hotel Bookings via IDFC FIRST App: Earn 50 bonus points per ₹150 + 10 base points (post ₹20,000 monthly milestone) → Effective ~20% reward rate Flight Bookings via IDFC FIRST App: Earn 30 bonus points per ₹150 + 10 base points (post ₹20,000 monthly milestone) → Effective ~13.33% reward rate Redemption Update: 1 Reward Point = ₹0.50 on travel bookings via the IDFC FIRST Bank Mobile App (earlier ₹0.25)
Credit Card: IDFC FIRST Bank Ashva Credit Card Revaluation Alert: Starting 1st June, 2025 .
Hotel Bookings via IDFC FIRST App: Earn 50 bonus points per ₹150 + 10 base points (post ₹20,000 monthly milestone) → Effective ~16% reward rate Flight Bookings via IDFC FIRST App: Earn 30 bonus points per ₹150 + 10 base points (post ₹20,000 monthly milestone) → Effective ~10.67% reward rate Redemption Update: 1 Reward Point = ₹0.40 on travel bookings via the IDFC FIRST Bank Mobile App (earlier ₹0.25)
Credit Card: Other IDFC FIRST Bank Credit Cards Revaluation Alert: Starting 1st June, 2025 .
Hotel Bookings via IDFC FIRST App: Earn 50 bonus points per ₹150 + 10 base points (post ₹20,000 monthly milestone) → Effective ~10% reward rate Flight Bookings via IDFC FIRST App: Earn 20 bonus points per ₹150 + 10 base points (post ₹20,000 monthly milestone) → Effective ~5% reward rate Comments:
Feature Mayura Credit Card Ashva Credit Card Other IDFC Credit Cards Hotel Booking Reward Structure 50 Bonus + 10 Base Points per ₹150 50 Bonus + 10 Base Points per ₹150 50 Bonus + 10 Base Points per ₹150 Hotel Booking Effective Reward Rate ~20% ~16% ~10% Flight Booking Reward Structure 30 Bonus + 10 Base Points per ₹150 30 Bonus + 10 Base Points per ₹150 20 Bonus + 10 Base Points per ₹150 Flight Booking Effective Reward Rate ~13.33% ~10.67% ~5% Reward Point Redemption Value ₹0.50 per point (earlier ₹0.25) ₹0.40 per point (earlier ₹0.25) ₹0.25 per point (no change)
Source: click here and Emails From IDFC
Thread Link: Accelerated Rewards & Enhanced Value: IDFC MAYURA CREDIT CARD
Last edited: Yesterday at 10:02 PM
TF Legend
TF Family
Contributor
Moderator
Date: 10-06-2025
Credit Card: Kotak Myntra Update: and upgraded to Kotak Zen/League Platinum Credit Card effective
10th July 2025 . All Myntra-related benefits, including the
7.5% instant discount, will be discontinued.
Comments:
Existing annual fee , transaction limits, and other terms will remain unchanged.
Outstanding balances, including EMIs, will be transferred to the new card.
Users must manually enable online, contactless, and international transactions via mobile banking.
If the cardholder opts out but has outstanding dues, the card will still be migrated.
Source: Email From Kotak
Thread Link: Kotak Myntra Credit Card Discontinued
TF Legend
TF Family
Contributor
Moderator
Date: 10-06-2025
Credit Card: American Express Platinum Credit Card Update: Effective 5 June, 2025
Redeem 20,000 Membership Rewards points for a ₹10,000 Taj Experiences Gift Card (earlier required 25,000 points).
Comments: Log in to your account to redeem your points, search for "Taj" in the redemption catalog and select the ₹10,000 voucher for 20,000 points.
Source: Email from AMEX
Last edited: Yesterday at 12:47 AM
Date: 10-05-2025
Credit Card: IDFC FIRST Bank Mayura Credit Card Revaluation Alert: Starting 1st June, 2025 .
Hotel Bookings via IDFC FIRST App: Earn 50 bonus points per ₹150 + 10 base points (post ₹20,000 monthly milestone) → Effective ~20% reward rate Flight Bookings via IDFC FIRST App: Earn 30 bonus points per ₹150 + 10 base points (post ₹20,000 monthly milestone) → Effective ~13.33% reward rate Redemption Update: 1 Reward Point = ₹0.50 on travel bookings via the IDFC FIRST Bank Mobile App (earlier ₹0.25)
Credit Card: IDFC FIRST Bank Ashva Credit Card Revaluation Alert: Starting 1st June, 2025 .
Hotel Bookings via IDFC FIRST App: Earn 50 bonus points per ₹150 + 10 base points (post ₹20,000 monthly milestone) → Effective ~16% reward rate Flight Bookings via IDFC FIRST App: Earn 30 bonus points per ₹150 + 10 base points (post ₹20,000 monthly milestone) → Effective ~10.67% reward rate Redemption Update: 1 Reward Point = ₹0.40 on travel bookings via the IDFC FIRST Bank Mobile App (earlier ₹0.25)
Credit Card: IDFC FIRST Bank Wealth/Select/Millennia Credit Cards Revaluation Alert: Starting 1st June, 2025 .
Hotel Bookings via IDFC FIRST App: Earn 50 bonus points per ₹150 + 10 base points (post ₹20,000 monthly milestone) → Effective ~10% reward rate Flight Bookings via IDFC FIRST App: Earn 20 bonus points per ₹150 + 10 base points (post ₹20,000 monthly milestone) → Effective ~5% reward rate Comments:
Feature Mayura Credit Card Ashva Credit Card Wealth/Select/Millennia Credit Cards Hotel Booking Reward Structure 50 Bonus + 10 Base Points per ₹150 50 Bonus + 10 Base Points per ₹150 50 Bonus + 10 Base Points per ₹150 Hotel Booking Effective Reward Rate ~20% ~16% ~10% Flight Booking Reward Structure 30 Bonus + 10 Base Points per ₹150 30 Bonus + 10 Base Points per ₹150 20 Bonus + 10 Base Points per ₹150 Flight Booking Effective Reward Rate ~13.33% ~10.67% ~5% Reward Point Redemption Value ₹0.50 per point (earlier ₹0.25) ₹0.40 per point (earlier ₹0.25) ₹0.25 per point (no change)
Source: click here and Emails From IDFC
Thread Link: Accelerated Rewards & Enhanced Value: IDFC MAYURA CREDIT CARD
Seems to have happened for most idfc cards. Also got an email for this for my idfc lic card.
