Axis Bank to revise credit card rules from August 28, 2026: Late payment fee, dynamic currency markup, reward point rule changes and more

Axis Bank credit card revised rules: Axis Bank is set to update its credit card policies on August 28, 2026. Notably, the markup for dynamic currency conversion will jump to 3.5% from the previous rate of 1.5%. Furthermore, late payment fees for balances over Rs 50,000 will also go up. The bank also clarified that gift card purchases will alsonot contribute towards spends-based fee waiver calculations or milestonebenefits.