IDFC First Bank has announced changes to all credit cards except its super-premium IDFC First Private Credit Card. Effective from May 1, IDFC First Bank will reduce reward points for online spending, implement higher spending-based criteria for airport lounge access, and update terms for utility and rent payments.The reward points for online spends up to ₹20,000 in a statement cycle, currently set at six times, will be reduced to three times.Cardholders will continue to earn 10 times (10X) reward points on incremental spends above ₹20,000 per month. Reward points for education, wallet reloads, and government service transactions will be revised to 3X.IDFC First Bank will apply a…
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