💳 Credit Card Buzz 🔥 | ICICI iShop 🖤, Axis Airtel 📱, HDFC Tata Neu 🚀, Zomato 🍽️, Swiggy 🍔 – Big Updates You Can’t Miss!

 Important Credit Card and App Updates 

We'll cover changes to ICICI Bank's iShop portal, ICICI Bank Times Black Credit Card rewards, Axis Bank Airtel Thanks app utility bill payments, Tata Neu Plus and Tata Neu Infinity credit card Zomato offers, and finally, changes to the Swiggy Lite subscription.

ICICI Bank iShop Portal and Times Black Credit Card Updates

1. iShop Portal Charges: ICICI Bank's iShop portal now charges a 2.5% convenience fee plus tax, effectively amounting to a 2.95% charge for using the portal to purchase things like Amazon Pay vouchers. 

2. Times Black Credit Card Reward Point Devaluation: The value of reward points on the ICICI Bank Times Black Credit Card has decreased. One reward point is now worth ₹0.6, down from ₹1 previously. This results in an effective reward rate of approximately 5.4%, making other cards like the SBI cashback card or HDFC Millennia credit card potentially more attractive due to their higher cashback rates and lack of portal restrictions. 

3. Axis Bank Airtel Thanks App Utility Bill Payments

Added Convenience Fee: A usage charge has been added to utility bill payments made through the Airtel Thanks app. While a 10% cashback is offered in the utility segment, this convenience fee reduces the effective cashback. 

Unclear Fee Amount: The exact amount of the convenience fee is currently unclear, with no official communication released by Axis Bank. However, based on observations, it's estimated to be around 1.24% to 1.256%, resulting in an effective cashback of roughly 8.75% to 8.76% on utility bill payments. 

App Version Discrepancy: Some users report seeing the charge, while others do not. This might be due to the app version; users with older Android versions may not see the charge. Updating the app might resolve this issue. 

Phased Rollout: The addition of this fee appears to be a phased rollout. Not all users are experiencing it at the same time.

4. Tata Neu Plus and Tata Neu Infinity Credit Card Zomato Offer.

10% Cashback on Zomato: Tata Neu Plus and Tata Neu Infinity credit card users receive a 10% cashback on Zomato expenses. This stacks with existing coupon offers. 

Cashback Tiers: Tata Neu Plus cardholders get a 5% cashback, while Tata Neu Infinity cardholders receive 10% cashback on Zomato. 

Uncertain Limits: The specifics regarding cashback caps or limits remain unconfirmed. Further updates will be provided as information becomes available.

5. Swiggy Lite Subscription Changes:

Coupon Changes: Previously applicable coupons on Swiggy Lite at lower order values (₹149) have been shifted to higher order values (₹249+). 

Delivery Delays: Delivery delays have increased since the launch of the Swiggy Black subscription, impacting users of Swiggy Lite, UP, and Swiggy One memberships. 

Instagram Order Surcharges: A surcharge applies to orders placed through Instagram if the order value is below ₹399 using the Swiggy Lite membership. Orders above this threshold are exempt. 

Conclusion

This overview highlights significant changes to several popular credit cards and apps. Users are encouraged to review their statements and apps to verify these changes and reach out to their respective banks and app providers for clarification. Keep an eye out for official announcements and further updates. Remember to always read the fine print and make informed decisions regarding your financial choices.