00:00The festival season is going on in the country and on the occasion of Diwali, many banks
00:08are offering many offers on credit cards to attract their customers.
00:14On the other hand, just after Diwali, i.e. from 1 November, the SBI and ICICI banks have
00:18announced a change in credit card rules.
00:21Even before this, the ICICI bank had changed its credit card and debit card rules at the
00:26beginning of October.
00:27In this way, before using these credit cards, you must know what has changed in the rules.
00:33So let's tell you in this video what has changed.
00:37The private sector bank ICICI bank has reduced the benefits on many cards in its fee structure.
00:43These include export, launch, access, insurance, late payment fine, fuel surcharge and export
00:50purchase.
00:51These changes in the rules will start from 15 November 2024.
00:56According to the new rules, the ICICI bank's credit card will not give any reward on government
01:01payments.
01:02On the other hand, the fuel cost will not be reduced by more than Rs 1 lakh per month.
01:09In addition, the SBI access has been closed on the dream fox card of the ICICI bank.
01:14In addition, the rest payment, government and education payment dedicated to the credit
01:20card in the spend limit for annual fee reversal and milestone benefits will not be included
01:25in the fee structure.
01:28It has been reduced from Rs 15 lakh to Rs 10 lakh.
01:32In addition, the utility payment will be charged 1% more than Rs 50,000.
01:38On the other hand, the fuel transaction will be charged 1% more than Rs 10,000.
01:44Now if we talk about SBI, then SBI has updated its credit card transaction fee a few days
01:50ago.
01:51Financial fee on all unsecured SBI credit cards has been increased by 3.75% every month.
01:58Note that it is not applicable on guarantee and defense cards.
02:02This rule will start from November 1.
02:04In addition, the SBI's rupee card will charge 1% more than the utility payment of Rs 50,000
02:11per month.
02:12This rule will be applicable from December 1.
02:17Share these credit card rules with your family and friends.
02:20And let us know in the comment box if you think these changes are right or reasonable.
02:26Keep watching GoodReturns for such updates.
02:29Don't forget to like and subscribe to our channel.
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