Credit Card GuideSeptember 3, 2026
Minimum Amount Due vs Total Amount Due explained
Paying only the minimum does not clear a credit-card bill. The remaining balance can attract interest, and the interest-free period may be suspended.
India Credit Card Intelligence
Credit card news with the numbers checked first
RBI data, card-market moves, payments updates, and consumer-impact notes for India.
Card UpdateSeptember 2, 2026
Axis Bank adds international travel declaration for cardholders
Eligible Axis Bank credit-card customers can declare overseas travel in the mobile app, giving the bank additional context when assessing international transactions.
Card UpdateSeptember 1, 2026
Axis Bank revises Magnus card fees and lounge instructions
Magnus changes include a 2% DCC markup, a ₹1,300 late fee above ₹50,000 outstanding, reward exclusions and a requirement to use the credit card instead of Priority Pass at domestic lounges.
Card UpdateAugust 31, 2026
Axis Bank revises MYZONE card terms
MYZONE changes include a higher DCC markup, a ₹1,300 late fee above ₹50,000 outstanding, new reward exclusions, and a ₹25,000 three-month spend condition for the District movie offer from November 1.
RegulationJuly 2026
Credit Card Fraud Protection in India: What to Do After an Unauthorized Transaction
RBI's customer-protection framework makes fast reporting central to limiting liability after unauthorized electronic banking and card transactions.
PaymentsJuly 2026
RuPay Credit Card on UPI: What Cardholders Should Know in 2026
NPCI's RuPay Credit Card on UPI framework lets eligible RuPay credit cards be linked to UPI for merchant QR payments, with clear restrictions on P2P and cash-withdrawal use cases.
Market DataJune 26, 2026
India crosses 120M active credit cards in May 2026
ET, citing RBI data, reported 120M+ active cards, Rs. 2.02 lakh crore in monthly spends, and 6.3% YoY spend growth. The consumer read: adoption is widening, but issuers are managing risk and rewards more tightly.
RegulationMarch 7, 2024
RBI card directions keep tightening consumer safeguards
RBI's amendment to the Credit Card and Debit Card Directions clarified rules around interest on unpaid amounts, late-payment charges, billing cycles, card closure timelines, and cardholder consent.
PaymentsChecked July 20, 2026
RuPay credit cards on UPI continue reshaping acceptance
NPCI says RuPay credit cards can be linked to a UPI ID for merchant QR payments. The feature expands credit-card acceptance, but excludes P2P, P2PM, card-to-card, and merchant cash-withdrawal use cases.