Credit Card Changes in India, 2024
Every change banks made to their credit cards in 2024: fees, rewards, benefits and lounges, counted by bank, kind and month.
- 104Changes
- 76%Were cuts
- 66Cards affected
The year in four lines
- 104 changes to 66 cards from 11 banks.
- 76% of them were cuts (79); the rest were launches, neutral changes or improvements.
- The most changed: reward rates, 45 changes, 91% of them cuts.
- State Bank of India changed the most (45); the busiest month was Dec (26).
By month
By kind of change
By bank
Cards changed most
cuts other changes
Use these numbers
Free to quote and republish. Please credit and link:
SkyloFin, "Credit Card Changes in India, 2024", https://www.skylofin.com/credit-cards/changes/report/2024Card data sourced via CardAdvisor.in, India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.
Common Questions
How many credit card changes did banks make in 2024?
We recorded 104 changes to 66 cards from 11 banks. 76% of them took something away from cardholders.
What counts as a cut?
A change that leaves the cardholder worse off: a higher fee, a lower reward rate, a benefit removed or made harder to get (for example lounge access that now needs a minimum spend). Launches, network changes and neutral rewordings are not counted as cuts.
Where does the data come from?
From CardAdvisor's India credit card facts dataset, checked against the bank's own notice wherever one is linked. Each change on our changes pages links to its source.
Can I use these numbers?
Yes. Please credit and link "SkyloFin, Credit Card Changes in India 2024" (https://www.skylofin.com/credit-cards/changes/report/2024). The full list is available as a CSV on this page.
