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Devaluation, Revaluation Alerts and Regular Updates – All Latest Updates in One Place

Federal Bank Celesta - Oct '25 New
Date: With effect from 01-Oct-2025
Credit Card/Bank Account/Debit Card: Federal Bank Celesta
Devaluation Alert: Spend condition introduced for Lounge access, visits reduced to 2 per quarter, add-on card holders not eligible for lounge visit.
Comments (if any):
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Signet: 20,000 - 1 domestic access/quarter
Imperio: 40,000 - 2 domestic access/quarter
Celesta: 60,000 - 2 domestic access/quarter [No spend criteria for international access]
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Source: https://www.federalbank.co.in/airport-lounge-t-c
Thread Link:
 
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Myntra Kotak Credit Card discontinued

IMPORTANT UPDATE
on your Myntra Kotak Credit Card
Dear Customer,
At Kotak, we truly value your relationship with us and are committed to keeping you informed about important updates that may affect your banking experience.
We are writing to you in furtherance of the earlier communication with regards to the migration of your Myntra Kotak Credit Card.
As part of a business decision to streamline our card offerings, effective 20th July 2025, your Myntra Kotak Credit Card will be discontinued and automatically migrated to Kotak League Visa Credit Card. For more information on product features of Kotak League Visa Credit Card, click here .
What this means for you:
•A new credit card will be issued and sent to your registered address with the bank.
•Your existing Myntra Credit Card will be migrated on 20 th July 2025 and the benefits on this card will no longer be applicable after this date.
•The new card will have a different card number, expiry date, and CVV. Please update any linked subscriptions or recurring payments with the new card details.
•Kindly activate your new card within 30 days of issuance and destroy your old card.
•Usage of Credit Cards is governed by the Most Important Terms and Conditions and the Key Fact Statement. Click here for MITC .
If you do not wish to receive the replacement card or wish to opt for a different network, you may reach out to us on 1800 266 2666 .
For any assistance, we’re here to help.
Warm regards,
Team Kotak Mahindra Bank
 
Myntra Kotak Credit Card discontinued

IMPORTANT UPDATE
on your Myntra Kotak Credit Card
Dear Customer,
At Kotak, we truly value your relationship with us and are committed to keeping you informed about important updates that may affect your banking experience.
We are writing to you in furtherance of the earlier communication with regards to the migration of your Myntra Kotak Credit Card.
As part of a business decision to streamline our card offerings, effective 20th July 2025, your Myntra Kotak Credit Card will be discontinued and automatically migrated to Kotak League Visa Credit Card. For more information on product features of Kotak League Visa Credit Card, click here .
What this means for you:
•A new credit card will be issued and sent to your registered address with the bank.
•Your existing Myntra Credit Card will be migrated on 20 th July 2025 and the benefits on this card will no longer be applicable after this date.
•The new card will have a different card number, expiry date, and CVV. Please update any linked subscriptions or recurring payments with the new card details.
•Kindly activate your new card within 30 days of issuance and destroy your old card.
•Usage of Credit Cards is governed by the Most Important Terms and Conditions and the Key Fact Statement. Click here for MITC .
If you do not wish to receive the replacement card or wish to opt for a different network, you may reach out to us on 1800 266 2666 .
For any assistance, we’re here to help.
Warm regards,
Team Kotak Mahindra Bank
You can contact Kotak and tell them to issue you Kotak League RuPay variant Credit Card.
 
Hey Everyone!

I hope you all are doing well. Over the past few weeks, I’ve been tied up with some urgent work and unfortunately couldn’t keep the thread as active as I usually do.

To keep the momentum going and ensure our community stays informed with the most recent updates, I warmly invite all of you — our valued members and fellow moderators — to share any important news, alerts, or insights that you’ve come across during this period. There are around 10 updates need to be posted.

Your contributions will be immensely helpful in keeping this thread a comprehensive and trusted resource for everyone. Let’s come together and keep the discussions flowing without any breaks!
Thank you all for your support and enthusiasm. Looking forward to your updates!
 
SBI Card Complimentary Air Accident Insurance Removed

From July 15, 2025, SBI Card will discontinue complimentary air accident insurance on several premium cards like ELITE, PRIME, and MILES ELITE.

No more ₹1 crore (ELITE/MILES ELITE) or ₹50 lakh (PRIME/PULSE) insurance covers for cardholders from July 15th.

 
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IndusInd EazyDiner Credit Card devaluation effective July 15, 2025:

Dining rewards (10 points/₹100) completely removed.

Reward point value slashed by 50% (1RP = ₹0.10, was ₹0.20).

Monthly dining discount now capped at ₹2,000. For up to ₹5,000, you must spend ₹30,000 on non-dining in the past month.

Airport lounge access and BookMyShow offers discontinued.

Annual fee hiked to ₹2,999 + GST (was ₹1,999 + GST).

 
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Axis Bank from July 1st 2025 onwards:

ATM transaction fee after free limit up from ₹21 to ₹23/transaction, affects savings, NRI, trust, and premium customers.

ICICI Bank:

Non-home branch and non-ICICI ATM fees increased; IMPS, cash deposit/withdrawal charges also revised upward.

 
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