Starting September 1, HDFC Bank will enforce a cap on reward points for utility transactions, limiting it to 2,000 points per month. Furthermore, no reward points will be given for educational payments made through third-party apps.
In another change, IDFC First Bank will reduce the minimum payment due on credit cards and shorten the payment window from 18 to 15 days from September 2024. Additionally, customers using RuPay credit cards on UPI and other platforms will now earn the same reward points as those using credit cards from other providers.