News & Offers

News And Offers

RBI Bans MasterCard

RBI Bans MasterCard from Onboarding New Customers

Reserve Bank of India (RBI) today issued a circular restricting MasterCard from onboarding new domestic customers citing its inability to comply with the payment data storage guidelines as per the circular that the central bank had issued in April 2018. The circular, issued under the Payment and Settlement Systems (PSS) Act, 2007, mandated all the […]

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American Express Credit Limit Increase Offer

American Express Spends Based Credit Limit Increase Offer

RBI in a circular issued in April imposed restrictions on American Express from onboarding new customers citing its inability to comply with its guidelines making it mandatory for all card issuers to store their Payment System Data locally in India. However, this order doesn’t affect the existing AmEx customers. That being said, a moratorium like

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Yes Bank Limits Domestic Lounge Access for its Credit Card Members

Yes Bank Limits Domestic Lounge Access for its Credit Card Members

Yes Bank is known for offering some of the most rewarding credit cards in the market. Lately, like many other credit card companies, Yes Bank has also been cutting many of the benefits that it provides to its cardmembers. Yes Bank has recently (w.e.f. 15th June 2021) made some changes to the MasterCard Domestic Lounge

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