# Credit card changes in India, August 2026 · Brief

August 2026: 11 changes to Indian credit cards, 6 of them devaluations, across 55 cards from 5 banks.

Every change dated August 2026, by the day it takes effect, each with its grade, its source and the day it was last checked.

11 changes · current to 26 October 2026

## [Standard Chartered is moving its mass-market cards to Federal Bank](https://getbrief.cards/changes/sc-federal-migration-2026)

Partner removed · 1 August 2026

From August 2026 Federal Bank is taking over roughly 4.5 lakh Standard Chartered card accounts, and the consent flow is already live.

[Standard Chartered Smart Credit Card](https://getbrief.cards/cards/sc-smart), [Standard Chartered Manhattan Credit Card](https://getbrief.cards/cards/sc-manhattan), [Standard Chartered EaseMyTrip Credit Card](https://getbrief.cards/cards/sc-easemytrip), [Standard Chartered Super Value Titanium](https://getbrief.cards/cards/sc-super-value-titanium), [Standard Chartered Ultimate](https://getbrief.cards/cards/sc-ultimate), [Standard Chartered Beyond Credit Card](https://getbrief.cards/cards/sc-beyond), [Standard Chartered Platinum Rewards](https://getbrief.cards/cards/sc-platinum-rewards)

verified · checked 20 August 2026 · Source: https://www.sc.bank.in/migration-accept-emailfaq/

## [BOBCARD Etihad Premium: Gold fast-track now needs a ₹10,000+ etihad.com transaction](https://getbrief.cards/changes/bobet-gold-gate-2026)

Devaluation · 5 August 2026

From 5 August 2026 the Etihad Guest Gold upgrade on the BOBCARD Etihad Guest Premium card needs a transaction of ₹10,000 or more on etihad.com within six months of card issuance.

[BOBCARD Etihad Guest Premium](https://getbrief.cards/cards/bobcard-etihad-guest-premium)

✓ official · checked 22 October 2026 · Source: https://media.bobcard.co.in/media/h5efrvfv/revision-in-benefits-etihad-card-0207.pdf

## [HSBC charges no forex markup on its credit cards until 31 October](https://getbrief.cards/changes/hsbc-zero-forex-2026)

Improvement · 15 August 2026

Every HSBC personal credit card spends abroad at 0% markup from 15 August to 31 October 2026, both dates included.

[HSBC Premier](https://getbrief.cards/cards/hsbc-premier), [HSBC Taj Credit Card](https://getbrief.cards/cards/hsbc-taj), [HSBC Live+ Credit Card](https://getbrief.cards/cards/hsbc-live-plus), [HSBC TravelOne Credit Card](https://getbrief.cards/cards/hsbc-travelone), [HSBC Visa Platinum](https://getbrief.cards/cards/hsbc-visa-platinum), [HSBC Privé Credit Card](https://getbrief.cards/cards/hsbc-prive), [HSBC RuPay Cashback](https://getbrief.cards/cards/hsbc-rupay-cashback), [HSBC RuPay Platinum](https://getbrief.cards/cards/hsbc-rupay-platinum)

✓ official · checked 26 October 2026 · Source: https://www.hsbc.bank.in/content/dam/hsbc/in/documents/offers/zero-forex-tnc.pdf

## [Amex India improves Membership Rewards transfers to Virgin Atlantic and Hilton](https://getbrief.cards/changes/amex-mr-ratios-2026-08)

Improvement · 18 August 2026

Around 18 August 2026 two Amex India transfer rates moved in the cardholder’s favour.

[Amex Platinum Card](https://getbrief.cards/cards/amex-platinum-charge), [Amex Gold Card](https://getbrief.cards/cards/amex-gold-charge), [Amex Membership Rewards Credit Card](https://getbrief.cards/cards/amex-mrcc), [Amex Platinum Reserve Credit Card](https://getbrief.cards/cards/amex-platinum-reserve), [Amex Platinum Travel](https://getbrief.cards/cards/amex-platinum-travel), Membership Rewards, Virgin Atlantic Flying Club, Hilton Honors Points

verified · checked 21 October 2026 · Source: https://global.americanexpress.com/rewards/transfer?country=IN

## [Axis BluChip transfer ratios drop back to standard as the launch offer ends](https://getbrief.cards/changes/axis-bluchip-intro-end)

Devaluation · 18 August 2026

The introductory ratios Axis ran on IndiGo BluChip transfers from 18 June 2026 have lapsed.

[Axis Magnus](https://getbrief.cards/cards/axis-magnus-std), [Axis Magnus for Burgundy](https://getbrief.cards/cards/axis-magnus-burgundy), [Axis Atlas](https://getbrief.cards/cards/axis-atlas), [Axis Reserve](https://getbrief.cards/cards/axis-reserve), [Axis Bank Olympus Credit Card](https://getbrief.cards/cards/axis-olympus), [Axis Bank Horizon](https://getbrief.cards/cards/axis-horizon), [Axis Burgundy Private](https://getbrief.cards/cards/axis-burgundy-private), [Axis Bank SELECT](https://getbrief.cards/cards/axis-select), [Axis Bank Privilege](https://getbrief.cards/cards/axis-privilege), [Axis Bank REWARDS](https://getbrief.cards/cards/axis-rewards), IndiGo BluChip Miles

✓ official · checked 20 August 2026 · Source: https://traveledge.axis.bank.in/travel/common/termsandcondition

## [Axis Horizon raises its currency-conversion charge from 21 August](https://getbrief.cards/changes/axis-horizon-revision-2026-08-21)

Fee change · 21 August 2026

Paying in rupees abroad on Horizon costs 3.5% plus tax from 21 August 2026, up from 1.5%, and the late fee on balances of ₹50,000 and above rises to ₹1,300.

[Axis Bank Horizon](https://getbrief.cards/cards/axis-horizon)

✓ official · checked 22 September 2026 · Source: https://www.axis.bank.in/docs/default-source/default-document-library/credit-cards/terms-and-conditions-horizon-credit-card.pdf

## [BOBCARD accidental-death cover ends for existing holders on 25 August](https://getbrief.cards/changes/bob-insurance-end-2026)

Devaluation · 25 August 2026

Air and non-air accidental death cover stopped for cards issued after 15 July 2026 and ends for everyone else on 25 August 2026.

[BOBCARD Eterna Credit Card](https://getbrief.cards/cards/bob-eterna), [BOBCARD Tiara](https://getbrief.cards/cards/bobcard-tiara), [BOBCARD Premier](https://getbrief.cards/cards/bob-premier), [BOBCARD Select](https://getbrief.cards/cards/bob-select), [BOBCARD Prime](https://getbrief.cards/cards/bob-prime)

verified · checked 20 August 2026 · Source: https://media.bobcard.co.in/media/0aqczg5p/final-revision-in-charges-benefits-effective-july-202615.pdf

## [Axis raises currency-conversion charges and stops rewarding tolls from 28 August](https://getbrief.cards/changes/axis-revision-2026-08-28)

Devaluation · 28 August 2026

From 28 August 2026, three changes land together on Axis cards: paying in rupees abroad costs 3.5% plus tax on most of them, or 2% on Magnus and Magnus for Burgundy.

[Axis Magnus](https://getbrief.cards/cards/axis-magnus-std), [Axis Magnus for Burgundy](https://getbrief.cards/cards/axis-magnus-burgundy), [Axis Burgundy Private](https://getbrief.cards/cards/axis-burgundy-private), [Axis Reserve](https://getbrief.cards/cards/axis-reserve), [Axis Bank Primus](https://getbrief.cards/cards/axis-primus), [Axis Atlas](https://getbrief.cards/cards/axis-atlas), [Axis Bank SELECT](https://getbrief.cards/cards/axis-select), [Axis Bank Privilege](https://getbrief.cards/cards/axis-privilege), [Axis Bank REWARDS](https://getbrief.cards/cards/axis-rewards), [Axis Bank MyZone](https://getbrief.cards/cards/axis-myzone), [Axis Bank Neo](https://getbrief.cards/cards/axis-neo), [Axis Bank ACE](https://getbrief.cards/cards/axis-ace), [Axis Bank Olympus Credit Card](https://getbrief.cards/cards/axis-olympus)

✓ official · checked 20 August 2026 · Source: https://campaign.axis.bank.in/generic/terms-and-conditions-select.pdf

## [Axis Bank portfolio revision, 28 Aug 2026: tolls stop earning, DCC markup rises, late fees up](https://getbrief.cards/changes/axis-portfolio-2026-08-28)

Devaluation · 28 August 2026

Axis revised its credit-card terms across the portfolio from 28 August 2026.

[Axis Bank Privilege](https://getbrief.cards/cards/axis-privilege), [Axis Bank REWARDS](https://getbrief.cards/cards/axis-rewards), [Axis Burgundy Private](https://getbrief.cards/cards/axis-burgundy-private), [Axis Magnus for Burgundy](https://getbrief.cards/cards/axis-magnus-burgundy), [Axis Magnus](https://getbrief.cards/cards/axis-magnus-std), [Axis Atlas](https://getbrief.cards/cards/axis-atlas), [Axis Reserve](https://getbrief.cards/cards/axis-reserve), [Flipkart Axis Bank](https://getbrief.cards/cards/flipkart-axis), [Axis Bank ACE](https://getbrief.cards/cards/axis-ace), [Axis Bank MyZone](https://getbrief.cards/cards/axis-myzone), [Axis Bank Neo](https://getbrief.cards/cards/axis-neo), [Airtel Axis Bank](https://getbrief.cards/cards/axis-airtel), [Axis Bank SELECT](https://getbrief.cards/cards/axis-select), [Axis Bank Olympus Credit Card](https://getbrief.cards/cards/axis-olympus), [IndiGo Axis Bank Credit Card](https://getbrief.cards/cards/axis-indigo), [IndiGo Axis Bank Premium Credit Card](https://getbrief.cards/cards/axis-indigo-premium), [IndianOil Axis Bank](https://getbrief.cards/cards/axis-indianoil), [LIC Axis Bank Signature](https://getbrief.cards/cards/axis-lic-signature), [IndianOil Axis Bank Premium](https://getbrief.cards/cards/axis-indianoil-premium), [Samsung Axis Bank Signature](https://getbrief.cards/cards/axis-samsung-signature), [Axis Bank Primus](https://getbrief.cards/cards/axis-primus), [Miles & More Axis Bank World](https://getbrief.cards/cards/axis-mandm-world), [Miles & More Axis Bank World Select](https://getbrief.cards/cards/axis-mandm-world-select), [Axis Freecharge Plus](https://getbrief.cards/cards/axis-freecharge-plus), [Google Pay Flex Axis Bank](https://getbrief.cards/cards/axis-gpay-flex)

✓ official · checked 16 September 2026 · Source: https://www.axis.bank.in/docs/default-source/default-document-library/mitc-credit-cards.pdf

## [Axis: your Priority Pass stops working at domestic lounges in India on 28 Aug 2026](https://getbrief.cards/changes/axis-pp-domestic-2026-08-28)

Lounge gating · 28 August 2026

From 28 August 2026 Axis cardholders can no longer use the Priority Pass card to enter domestic airport lounges in India.

[Axis Reserve](https://getbrief.cards/cards/axis-reserve), [Axis Bank Primus](https://getbrief.cards/cards/axis-primus), [Axis Burgundy Private](https://getbrief.cards/cards/axis-burgundy-private), [Axis Magnus](https://getbrief.cards/cards/axis-magnus-std), [Axis Magnus for Burgundy](https://getbrief.cards/cards/axis-magnus-burgundy), [Axis Bank SELECT](https://getbrief.cards/cards/axis-select)

✓ official · checked 25 August 2026 · Source: https://campaign.axis.bank.in/generic/terms-and-conditions-reserve.pdf

## [Axis cards earn nothing on gift card purchases](https://getbrief.cards/changes/axis-giftcard-aug26)

Devaluation · 28 August 2026

From 28 August 2026 Axis’s revision notices exclude gift card purchases from rewards on SELECT, Privilege, Magnus, Magnus for Burgundy, Reserve, MyZone and Neo.

[Axis Bank SELECT](https://getbrief.cards/cards/axis-select), [Axis Bank Privilege](https://getbrief.cards/cards/axis-privilege), [Axis Magnus](https://getbrief.cards/cards/axis-magnus-std), [Axis Magnus for Burgundy](https://getbrief.cards/cards/axis-magnus-burgundy), [Axis Reserve](https://getbrief.cards/cards/axis-reserve), [Axis Bank MyZone](https://getbrief.cards/cards/axis-myzone), [Axis Bank Neo](https://getbrief.cards/cards/axis-neo), [Axis Bank Horizon](https://getbrief.cards/cards/axis-horizon), [Axis Bank REWARDS](https://getbrief.cards/cards/axis-rewards), [Axis Bank Olympus Credit Card](https://getbrief.cards/cards/axis-olympus), [Airtel Axis Bank](https://getbrief.cards/cards/axis-airtel), [Google Pay Flex Axis Bank](https://getbrief.cards/cards/axis-gpay-flex), [IndiGo Axis Bank Credit Card](https://getbrief.cards/cards/axis-indigo), [IndiGo Axis Bank Premium Credit Card](https://getbrief.cards/cards/axis-indigo-premium), [Axis Atlas](https://getbrief.cards/cards/axis-atlas), [Axis Bank ACE](https://getbrief.cards/cards/axis-ace), [Flipkart Axis Bank](https://getbrief.cards/cards/flipkart-axis), [IndianOil Axis Bank](https://getbrief.cards/cards/axis-indianoil), [IndianOil Axis Bank Premium](https://getbrief.cards/cards/axis-indianoil-premium), [LIC Axis Bank Platinum](https://getbrief.cards/cards/axis-lic-platinum), [LIC Axis Bank Signature](https://getbrief.cards/cards/axis-lic-signature), [Samsung Axis Bank Signature](https://getbrief.cards/cards/axis-samsung-signature), [Miles & More Axis Bank World](https://getbrief.cards/cards/axis-mandm-world), [Miles & More Axis Bank World Select](https://getbrief.cards/cards/axis-mandm-world-select), [Scapia Axis Bank Credit Card](https://getbrief.cards/cards/scapia-axis-mastercard), [Scapia Axis Bank Credit Card (RuPay)](https://getbrief.cards/cards/scapia-axis-rupay)

✓ official · checked 2 October 2026 · Source: https://campaign.axis.bank.in/generic/terms-and-conditions-select.pdf

## Questions this page answers

### What changed on Indian credit cards in August 2026?

As of 26 October 2026, 11 changes are on record for August 2026: Standard Chartered is moving its mass-market cards to Federal Bank; BOBCARD Etihad Premium: Gold fast-track now needs a ₹10,000+ etihad.com transaction; HSBC charges no forex markup on its credit cards until 31 October; Amex India improves Membership Rewards transfers to Virgin Atlantic and Hilton; Axis BluChip transfer ratios drop back to standard as the launch offer ends; Axis Horizon raises its currency-conversion charge from 21 August; BOBCARD accidental-death cover ends for existing holders on 25 August; Axis raises currency-conversion charges and stops rewarding tolls from 28 August and 3 more.

### Which credit card devaluations are dated August 2026?

As of 26 October 2026, 6: BOBCARD Etihad Premium: Gold fast-track now needs a ₹10,000+ etihad.com transaction; Axis BluChip transfer ratios drop back to standard as the launch offer ends; BOBCARD accidental-death cover ends for existing holders on 25 August; Axis raises currency-conversion charges and stops rewarding tolls from 28 August; Axis Bank portfolio revision, 28 Aug 2026: tolls stop earning, DCC markup rises, late fees up and Axis cards earn nothing on gift card purchases.

### Which banks changed their credit cards in August 2026?

As of 26 October 2026, Axis (6), BOBCARD (2), Amex (1), HSBC (1) and Standard Chartered (1).


## Other months

- [November 2026](https://getbrief.cards/changes/november-2026)
- [October 2026](https://getbrief.cards/changes/october-2026)
- [September 2026](https://getbrief.cards/changes/september-2026)
- [July 2026](https://getbrief.cards/changes/july-2026)
- [June 2026](https://getbrief.cards/changes/june-2026)
- [May 2026](https://getbrief.cards/changes/may-2026)
- [April 2026](https://getbrief.cards/changes/april-2026)
- [January 2026](https://getbrief.cards/changes/january-2026)
- [June 2025](https://getbrief.cards/changes/june-2025)

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Dates are the issuer’s, not Brief’s. A change that has been announced but has not taken effect yet reads “from” and sits at the top. Where an issuer published no date, the earliest dated confirmation stands in its place, and the entry is marked verified rather than official.

Every change, dated: https://getbrief.cards/changes
Canonical: https://getbrief.cards/changes/august-2026