Banking: This bank including SBI has made a big change, rules will be implemented from April 1..

SBI news: The new financial year will start from April 1. Along with this, many financial rules will also change, in which many rules will also be implemented by the government. During this time, new rules will also apply to the customers of SBI and IDFC First Bank. Both these banks have decided to implement these rules for their customers (latest update for SBI customers) from the new year. These rules will have a direct impact on the customers. Know in full detail what these new rules are.

Credit card users get a big blow- -

All the credit card users of SBI and IDFC First Bank will have to follow the rules made by these banks from the next financial year. Now the rules of Club Vistara co-branded credit cards will be changed by both the banks. Users using these cards (the latest update for credit card users) will no longer be able to avail of many facilities.

This facility will not be available -

From the new financial year, SBI (State Bank of India) has planned to change the rules related to its Club Vistara SBI Credit Card and Club Vistara SBI Prime Credit Card. From the first of the next month, economy or premium economy ticket vouchers will not be available for these cards.

At present, this is the benefit -

At present, the country's largest government bank is providing benefits of Rs 1.25 lakh, Rs 2.5 lakh, and Rs 5 lakh to customers on Club Vistara SBI Credit Card for annual spend. On the other hand, the facility of premium economy ticket vouchers being given on Club Vistara SBI Prime Credit Card (SBI credit card new rules) will also be discontinued.

Apart from this, the annual charge for SBI's base card has been fixed at Rs 1,499 and the charge for the prime card has been fixed at Rs 2,999 from the new financial year. In this, customers will have the facility that they can choose the option of fee waiver.

IDFC First Bank is going to make these changes-

On the lines of SBI, IDFC First Bank is also going to make new changes from April 1. It is also possible that after this some other banks may also take some steps for their credit card users. IDFC First Bank will no longer provide the facility of milestone ticket vouchers, renewal benefits, and many other features to the customers on Club Vistara IDFC First Credit Card.

But users will be able to take advantage of Maharaja Points till March 31, 2026, because after 1 year this card will be completely closed. Talking about IDFC First Bank's Club Vistara Silver Membership, its benefits will also stop. The customers of both these banks will be completely affected by this.

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