It's revaluation not devaluation if you compare it with the last devaluation.
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Devaluation, Revaluation Alerts and Regular Updates – All Latest Updates in One Place
- Thread starter Fini7777
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Date : 1st Sep 2025
Credit Card : IndusInd Bank
Devaluation Alert
Another IndusInd reward redemption devaluation
Credit Card : IndusInd Bank
Devaluation Alert
Another IndusInd reward redemption devaluation
Last edited:
saber.mbt
TF Premier
🚨Alerts: ICICI Bank’s New Minimum Balance Rules (Effective August 1) 🚨
What’s changed?
From August 1, 2025, ICICI Bank has raised the Minimum Monthly Average Balance (MAB) for new savings account holders in certain areas:
Region New MAB Requirement
Metro & Urban ₹50,000 🚨
Semi-urban ₹25,000 🚨
Rural ₹10,000 🚨
This marks a significant jump for instance, metro/urban MAB has increased from ₹10,000 to ₹50,000 (a whopping 400% hike) .
Penalty for falling short:
If the average balance falls below the required level, a penalty applies: 6% of the shortfall or ₹500, whichever is lower .
Who’s exempt?
Existing customers continue with their current MAB requirements.
Salary accounts are not affected by this change...
Source: https://economictimes.indiatimes.co...1-for-new-customers/articleshow/123202116.cms
What’s changed?
From August 1, 2025, ICICI Bank has raised the Minimum Monthly Average Balance (MAB) for new savings account holders in certain areas:
Region New MAB Requirement
Metro & Urban ₹50,000 🚨
Semi-urban ₹25,000 🚨
Rural ₹10,000 🚨
This marks a significant jump for instance, metro/urban MAB has increased from ₹10,000 to ₹50,000 (a whopping 400% hike) .
Penalty for falling short:
If the average balance falls below the required level, a penalty applies: 6% of the shortfall or ₹500, whichever is lower .
Who’s exempt?
Existing customers continue with their current MAB requirements.
Salary accounts are not affected by this change...
Source: https://economictimes.indiatimes.co...1-for-new-customers/articleshow/123202116.cms
saber.mbt
TF Premier
Update: Add-On Card Application Portal Returns on 15th August 💳
Axis Bank customers, here’s some welcome news!
The previously discontinued Add-On Credit Card application option is set to return on 15th August, this time integrated directly into the Axis Bank Mobile App.
No more hunting for external links or waiting for offline processing everything will be available in-app for a smoother, faster experience.
Stay tuned and ensure your mobile app is updated to the latest version before the launch.
Axis Bank customers, here’s some welcome news!
The previously discontinued Add-On Credit Card application option is set to return on 15th August, this time integrated directly into the Axis Bank Mobile App.
No more hunting for external links or waiting for offline processing everything will be available in-app for a smoother, faster experience.
Stay tuned and ensure your mobile app is updated to the latest version before the launch.
Attachments
ICICI Savings Account NMMAB Changes
New
Everyone, check the ICICI Bank New Circular before opening a new account.
Urban: 50K MAB
Semi-Urban: 25K MAB
Rural: 10K MAB
Charges:
3 free Cash Deposits & Withdrawals/month, free after that 150/transaction.
NMMAB charges 6% of Shortfall Amount or 500, whichever is lower.
Effective From 1st August,2025. Old accounts are not affected and remain unchanged. The Salary Account will remain at a 0 balance, with no change.
Cash Deposits & Withdrawal across branches & deposits
in Cash Recycler Machine: Value Limit - Complimentary up to ₹1 lakh per month cumulative. Thereafter, ₹ 3.5 per ₹ 1,000 or ₹ 150 whichever is higher.
If the threshold of both number and value limits has crossed for the same transaction, the higher of the charges mentioned above on the number limit or the value limit will apply.
Urban: 50K MAB
Semi-Urban: 25K MAB
Rural: 10K MAB
Charges:
3 free Cash Deposits & Withdrawals/month, free after that 150/transaction.
NMMAB charges 6% of Shortfall Amount or 500, whichever is lower.
Effective From 1st August,2025. Old accounts are not affected and remain unchanged. The Salary Account will remain at a 0 balance, with no change.
Cash Deposits & Withdrawal across branches & deposits
in Cash Recycler Machine: Value Limit - Complimentary up to ₹1 lakh per month cumulative. Thereafter, ₹ 3.5 per ₹ 1,000 or ₹ 150 whichever is higher.
If the threshold of both number and value limits has crossed for the same transaction, the higher of the charges mentioned above on the number limit or the value limit will apply.
Last edited:
saber.mbt
TF Premier
For some users it is not reflecting. Check the attached screenshot for your reference
Attachments
I think you have no idea about it as you haven't read old TF posts regarding this issue.
Guys please spare this thread from discussion.
This thread is an exceptional thread actively managed by @Fini7777 to keep /trace all devaluation/ revaluation important updates.
Can't we do discussion in somewhere else? Please.
@Fini7777 what u think? Please delete this post as well while doing your clean-up exercise.
If possible, shift those discussions to icici mab change thread by bifurcation then merging. That might be difficult. Please do whatever you feel right.
ICICI MAB Discussion Thread Here: https://www.technofino.in/community...ount-users-mab-updated-august-1st-2025.43281/
This thread is an exceptional thread actively managed by @Fini7777 to keep /trace all devaluation/ revaluation important updates.
Can't we do discussion in somewhere else? Please.
@Fini7777 what u think? Please delete this post as well while doing your clean-up exercise.
If possible, shift those discussions to icici mab change thread by bifurcation then merging. That might be difficult. Please do whatever you feel right.
ICICI MAB Discussion Thread Here: https://www.technofino.in/community...ount-users-mab-updated-august-1st-2025.43281/
Last edited:
saber.mbt
TF Premier
ICICI Bank lowers minimum balance for savings accounts after outrage
In Short:
ICICI Bank cuts minimum balance after customer backlash
New MAB:
Rs 15,000 metro,
Rs 7,500 semi-urban,
Rs 2,500 rural
Original increase risked penalties for many regular savings customers, now they revised
Source: https://www.indiatoday.in/amp/busin...ngs-accounts-after-outrage-2770858-2025-08-13
In Short:
ICICI Bank cuts minimum balance after customer backlash
New MAB:
Rs 15,000 metro,
Rs 7,500 semi-urban,
Rs 2,500 rural
Original increase risked penalties for many regular savings customers, now they revised
Source: https://www.indiatoday.in/amp/busin...ngs-accounts-after-outrage-2770858-2025-08-13
Date: With effect from 1-08-2025
Credit Card: Kotak Privy League Signature CC
Devaluation Alert / Update / Revaluation Alert:
For those who have LTF Privy League Signature CC as a perk of maintaining Privy League account status, beware Kotak has stopped crediting 6400 RPs from this quarter onwards.
Source: Verbal communication from customer services
Credit Card: Kotak Privy League Signature CC
Devaluation Alert / Update / Revaluation Alert:
For those who have LTF Privy League Signature CC as a perk of maintaining Privy League account status, beware Kotak has stopped crediting 6400 RPs from this quarter onwards.
Source: Verbal communication from customer services
as long as its in website, verbal has no value. Complain to PNO and escalate to RBIO, ull get.
It has been mentioned on the website, that the paid cards are only eligible for the benefit. But still the benefit was being provided for last 5 years. So, no point in complaining. Everything good must come to an end 🙂
in that case, sad to see ur offer gone.
saber.mbt
TF Premier
HDFC Bank revised fees and charges from August 1, 2025:
Cash transactions are limited to 4 free per month; ₹150 per transaction beyond that.
The free monthly cash transaction value limit lowered from ₹2 lakh to ₹1 lakh per account.
Third-party daily cash transaction limit is ₹25,000 at any branch; above this, not permitted.
Charges for balance certificates, interest certificates, and address proof now ₹100 per instance.
ECS/ACH return charges have been increased.
Source: https://m.economictimes.com/wealth/...-from-august-1-2025/articleshow/123280336.cms
Cash transactions are limited to 4 free per month; ₹150 per transaction beyond that.
The free monthly cash transaction value limit lowered from ₹2 lakh to ₹1 lakh per account.
Third-party daily cash transaction limit is ₹25,000 at any branch; above this, not permitted.
Charges for balance certificates, interest certificates, and address proof now ₹100 per instance.
ECS/ACH return charges have been increased.
Source: https://m.economictimes.com/wealth/...-from-august-1-2025/articleshow/123280336.cms
saber.mbt
TF Premier
NPCI introduced new UPI rules from August 1, 2025: Balance check capped at 50/day/app, autopay restricted to non-peak hours, and limited account view/checks. These aim to improve UPI transaction efficiency and system load
Key financial changes in August 2025
CategoryChangeEffective Date / Details
UPI transactions- Balance check limit: 50/day per app
- Auto-pay only during non-peak hours
- Mandatory balance updates after each transactionFrom August 1, 2025
UPI Credit LineLink pre-approved credit lines (FDs, shares, loans, etc.) to UPI for payments, withdrawalsFrom August 31, 2025
Repo & TREP trading hoursExtended to 9 AM–4 PM (was till 3 PM)From August 1, 2025
Source: https://upstox.com/news/personal-fi...-lpg-cng-price-reset-and-more/article-178708/
Key financial changes in August 2025
CategoryChangeEffective Date / Details
UPI transactions- Balance check limit: 50/day per app
- Auto-pay only during non-peak hours
- Mandatory balance updates after each transactionFrom August 1, 2025
UPI Credit LineLink pre-approved credit lines (FDs, shares, loans, etc.) to UPI for payments, withdrawalsFrom August 31, 2025
Repo & TREP trading hoursExtended to 9 AM–4 PM (was till 3 PM)From August 1, 2025
Source: https://upstox.com/news/personal-fi...-lpg-cng-price-reset-and-more/article-178708/
saber.mbt
TF Premier
Paytm wallet charges some wallet maintenance and wallet loading fees from August 2025, while NPCI introduced wallet loading-related service fees above ₹2,000 paid by wallet issuers
Paytm and PhonePe both charge a fee for different services they offer. While some services remain free, like UPI transactions, which don’t have any MDR (merchant discount rate) as per NPCI guidelines, customers and merchants do have to pay for certain services.
Both Paytm and PhonePe are free for basic UPI transactions by users.
Merchants pay slightly lower fees on PhonePe wallets for transactions above ₹2,000.
Paytm levies wallet maintenance charges quarterly, waived on activity or closure within 30 days, while PhonePe doesn’t charge maintenance fees.
Wallet loading fees vary, with Paytm pricing credit card and net banking loading slightly higher.
PhonePe generally offers lower fees and free subscription for merchants, focusing on free merchant onboarding.
Paytm charges platform fees for some bill payments, PhonePe fees depend on the service provider.
Merchants pay more complex fee structures on Paytm based on payment method.
Source: https://upstox.com/news/personal-fi...yments-platform-fee-compared/article-179787/?
Paytm and PhonePe both charge a fee for different services they offer. While some services remain free, like UPI transactions, which don’t have any MDR (merchant discount rate) as per NPCI guidelines, customers and merchants do have to pay for certain services.
Both Paytm and PhonePe are free for basic UPI transactions by users.
Merchants pay slightly lower fees on PhonePe wallets for transactions above ₹2,000.
Paytm levies wallet maintenance charges quarterly, waived on activity or closure within 30 days, while PhonePe doesn’t charge maintenance fees.
Wallet loading fees vary, with Paytm pricing credit card and net banking loading slightly higher.
PhonePe generally offers lower fees and free subscription for merchants, focusing on free merchant onboarding.
Paytm charges platform fees for some bill payments, PhonePe fees depend on the service provider.
Merchants pay more complex fee structures on Paytm based on payment method.
Source: https://upstox.com/news/personal-fi...yments-platform-fee-compared/article-179787/?
saber.mbt
TF Premier
🚨 HSBC launches Rewards Marketplace!
Finally HSBC launches accelerated rewards program!
✈️ 6X on flights
🏨 12X on hotels
Upto 72% rewards as Accor points!!! 🔥🔥🔥
Earn or burn from the app!
Burn 1:1
Or earn up to 72% rewards!!! 💥
Other features
1. Cancel for free!
Option to cancel your flights or hotel stays up to 3 hours before and get up to a 100% refund.
2. Price drop protection
If the flight price drops (10 days from booking), we will refund the difference to you in travel credits up to a maximum of INR1500.
3. Low convenience fees
Rs 300 for domestic flights and Rs 700 for international flights,
4. Car rental is also for accelerated rewards at 2X!
Reward Rate on various HSBC cards 👇
Reward rate:
▪️Hotels 12X: 36% airmiles or 72% Accor
▪️Flights 6X: 18% airmiles or 36% Accor
▪️ Car rental 2X: 6% airmiles or 12% Accor
Remember that Accor transfers are unlimited without any caps. 😈
Eligibility 👇🏻
Finally HSBC launches accelerated rewards program!
✈️ 6X on flights
🏨 12X on hotels
Upto 72% rewards as Accor points!!! 🔥🔥🔥
Earn or burn from the app!
Burn 1:1
Or earn up to 72% rewards!!! 💥
Other features
1. Cancel for free!
Option to cancel your flights or hotel stays up to 3 hours before and get up to a 100% refund.
2. Price drop protection
If the flight price drops (10 days from booking), we will refund the difference to you in travel credits up to a maximum of INR1500.
3. Low convenience fees
Rs 300 for domestic flights and Rs 700 for international flights,
4. Car rental is also for accelerated rewards at 2X!
Reward Rate on various HSBC cards 👇
Reward rate:
▪️Hotels 12X: 36% airmiles or 72% Accor
▪️Flights 6X: 18% airmiles or 36% Accor
▪️ Car rental 2X: 6% airmiles or 12% Accor
Remember that Accor transfers are unlimited without any caps. 😈
Eligibility 👇🏻
Attachments
Premier looks great value
Now burgundy be like at a corner of a room lol
