Several credit card issuers in India, including Axis Bank, YES Bank, and SBI Card, will revise benefits, fees, and rewards from April, including cashback limits and lounge access.
1 / 5Several credit card issuers in India will introduce changes to rewards, spending thresholds and redemption rules starting April 2026. Lenders including Axis Bank, YES Bank and SBI Card have notified updates that may affect cashback limits, fees on certain transactions and reward point redemption conditions for cardholders.
2 / 5Axis Bank changes Airtel credit card benefits | Axis Bank will revise the reward structure of the Airtel Axis Bank Credit Card from April 12. While the card will continue to offer 25% cashback on Airtel mobile, broadband and DTH payments and 10% cashback on utility payments made through the Airtel Thanks App, the maximum cashback will now be linked to the base cashback earned during the same billing cycle. Currently, both categories have a fixed cap of ₹250 per month.
3 / 5The bank will also replace the existing 10% cashback on platforms such as Swiggy, Zomato and BigBasket with 10% value back on transactions made with Zomato, Blinkit and District by Zomato, credited to partner wallets. The card will also discontinue four complimentary domestic airport lounge visits.
4 / 5YES Bank revises fee thresholds | YES Bank will revise spending thresholds for certain transactions from April 1. The changes mainly apply to utility bill payments and transportation-related spending. Utility transactions such as electricity, water and gas payments will attract a 1% charge plus GST only after monthly spending crosses revised limits—₹1 lakh for YES Private credit cards, ₹50,000 for premium variants and ₹25,000 for other cards. A similar 1% fee will apply to toll and bridge transactions, termed as “transportation fee”, once monthly spending crosses ₹75,000 for premium cards and ₹50,000 for other variants. Charges will be capped at ₹5,000 per transaction.
5 / 5SBI Card caps reward point redemption | SBI Card will introduce a monthly redemption cap from April 1, 2026. Cardholders will be able to redeem a maximum of 60,000 reward points per month for statement credit, and redemptions will be allowed only in multiples of 4,000 points. Certain card variants, including the Air India SBI Signature Card, are exempt from these conditions.
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