IDFC CC interest charge increase

[Zacobite]

IDFC increasing Base interest rates on CC to match other banks.. Its differentiation is now gone.. Wonder Why? I have been a very moderate user if the card..max has now become 43%...

 

[Gaara]

IDFC increasing Base interest rates on CC to match other banks.. Its differentiation is now gone.. Wonder Why? I have been a very moderate user if the card..max has now become 43%...

Initially, they started the practice of providing cards with joining fees and annual charges on their new release cards. Now, they’ve elevated interest rates. I predict their next move will be to transform those lifetime valid rewards points into one-year wonders.