Major credit card changes in June 2025: From lounge access policies to reward points eligibility, and more

From June 1, 2025, Kotak Mahindra Bank will revise multiple charges on its credit cards offering. The changes include new fees for failed standing instructions, dynamic currency conversion (DCC), and transactions involving utility bills, education payments, wallet loading, skill-based gaming, and fuel purchases. Additionally, the method for calculating the Minimum Amount Due (MAD) on outstanding balances will be updated.

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Major credit card changes in June 2025: From lounge access policies to reward points eligibility, and more

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