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Axis Bank revises rules for accessing airport lounges and others; these debit cards to be less rewarding

Axis Bank debit card rules: Airport lounge access rules, BookMyShow offer, EDGE rewards, etc on various Axis Bank debit cards like Burgundy, Priority, Delight, Online rewards, etc have been revised. Now a minimum transaction limit needs to be achieved for airport lounge access. Apart from this, the BookMyShow offer on certain Axis Bank debit cards have also been revised.

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New IMPS rule likely from February 1: Transfer money with mobile no., bank name; No IFSC, beneficiary details required

New IMPS rule likely from February 1: While sending money, the sender will now enter or select the receiver s mobile number and bank name from the list of the banks enabled on the flow, instead of entering the unique MMID, said Sanjeev Moghe, President and head — Of cards and Payments, at Axis Bank. NPCI says that up to Rs 5 lakh can be transferred through simplified IMPS without adding a beneficiary. How will it work? What do you need to keep in mind while transferring your money? All you need to know

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