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Moneycontrol30-01-2026, 12:50

ICICI Bank Credit Card Changes: Key Updates from Feb 1, 2026 Impact Rewards, Fees

  • ICICI Bank is implementing significant changes to its credit card charges, rewards, and benefits, with key updates taking effect from February 1, 2026.
  • The popular BookMyShow Buy-One-Get-One offer will become conditional, requiring Rs 25,000 quarterly spend for most eligible cards, and will be withdrawn from Instant Platinum cards.
  • New fees include a 1% charge on high-value transportation transactions (over Rs 50,000), a 2% fee on online gaming transactions, and a 1% fee on wallet loading of Rs 5,000 or more.
  • Reward points on transportation spends will be capped monthly, with limits of Rs 20,000 for premium cards (Emeralde, Sapphiro, Rubyx) and Rs 10,000 for mid-tier cards (Coral, Platinum, Manchester United, CSK, Expressions).
  • Dynamic Currency Conversion (DCC) fees have been revised across various cards, and Emeralde Metal cardholders will lose reward points on government services, fuel, rent, tax, and third-party wallet transactions.

Why It Matters: ICICI Bank's credit card changes from Feb 1, 2026, will alter rewards, introduce new fees, and modify benefits.

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