Credit card providers have experienced financial strain due to increasing costs, largely driven by inflation. Hence, offering these amenities has become costlier
The bank has also withdrawn rewards on rent payments and e-wallet loading while levying currency conversion mark-up on payments in INR at overseas destinations.
As per a notification on the ICICI Bank website, credit cardholders will get one complimentary airport lounge access by spending Rs 35,000 in the preceding calendar quarter.